Video Review Inventory and Supply Chain Management Essay

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Total Length: 450 words ( 2 double-spaced pages)

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Video Review

Inventory and Supply Chain Management

VinLogic Video Review

The supply chain simulation of an automobile supply chain intends to teach individuals about some of the challenges and decision points that one might find in a real-world application. The simulation includes provisions for production planning, demand planning, and logistical routing information. This allows the user to face decisions about these business functions. Additionally, there are also different methods by which inventory can be routed to their final dealership locations. Users can chose various combinations of truck, rail, and freighter options and these options all have a related set of advantages and disadvantages.

Watching the overview of the simulation provides some insights about how complex the order-to-delivery process can be and how many decisions and sub-systems are involved in those processes.

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Not only must managers plan for future demand but they must also maintain inventory levels as well as the current production operations. During all of these processes, there are a lot of variables that can change quickly and the whole process must be recalculated as quickly as possible to redesign the whole process.

Ideas

One idea that came to mind was that small errors in supply chain management can have big impacts on the company's overall performance. For example, imagine on mistake was made and a dealership received the wrong color of vehicle which….....

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"Video Review Inventory And Supply Chain Management" (2012, March 26) Retrieved May 2, 2024, from
https://www.aceyourpaper.com/essays/video-review-inventory-supply-chain-management-78841

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"Video Review Inventory And Supply Chain Management" 26 March 2012. Web.2 May. 2024. <
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Latest Chicago Format (16th edition)

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"Video Review Inventory And Supply Chain Management", 26 March 2012, Accessed.2 May. 2024,
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