Experience an optimal spare parts chain
Spare parts are substantially different from fast moving consumer goods. With spare parts there is the risk on downtime of a machine or even a whole factory if the required part is not available. The potential costs stemming from asset downtime can be significant, which makes uptime management important. Furthermore, it is usually about relatively expensive and slow moving parts with unpredictable demand.
A different tool set
Supply chain management decisions, like holding inventory or not, the optimal inventory level, transport modality, etc., are not supported by common methods. Spare parts management requires a whole new toolset. Tools that provide you the knowledge to make the trade-off between inventory, lead time reduction, reduction of mean time between failure and other options. After participating in the business simulation you will master these tools.
The spare parts management game
The spare parts management game hands you the capabilities to improve your spare parts management in a pragmatic manner. Step by step new elements will be introduced. Elements, which in real life also have a major impact on the performance of your spare parts chain. During the game you will direct a fictitious spare parts chain as supply chain manager. You determine for parts with varying characteristics whether, and if so where, you will hold inventory. You define the distribution concept and the inventory levels. The consequences of your choices are computed instantly. You will gain insight in the relations between inventory costs, downtime costs and your supply chain management decisions.
Results
After the game you will have clear indications how to enhance your spare parts chain. You will understand which characteristics are key and you will experience how to use these within your organisation!
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