Beer game is a simulation of a supply chain with four makers, the retailer, wholesaler, distributor and company. This helps the manager at each level of supply chain to decide the amount to order from their suppliers with a common goal of minimizing the cost of capital in the goods, While at the same time avoiding the out of stock situations. The factory aims to produce enough products that will meet the market demands and avoid backorders and use it later to set up the strategy aimed to reduce the stock levels. The distributor's main focus is to have a strategy that will ...
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Beer game is a simulation of a supply chain with four makers, the retailer, wholesaler, distributor and company. This helps the manager at each level of supply chain to decide the amount to order from their suppliers with a common goal of minimizing the cost of capital in the goods, While at the same time avoiding the out of stock situations. The factory aims to produce enough products that will meet the market demands and avoid backorders and use it later to set up the strategy aimed to reduce the stock levels. The distributor's main focus is to have a strategy that will ...