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…of these components. This simulation model can be used for running the rail network under various scenarios, to answer questions like: How many additional unit trains may be expected when adding another customer contract into your existing transload facility? How does the increase in unit train traffic from a new…
Assisted client in evaluating plans for new underground mine. Focus was on reviewing the capacity constraints and infrastructure of the material handling system to ensure that the system was robust enough to meet expected needs and contingencies. Some key conclusions: The material handling system meets defined needs, but requires ongoing…
DDMRP (Demand Driven Material Requirements Planning) is a relatively new inventory management methodology that aims to balance the trade-off between inventory holding costs and stock-out costs. DDMRP is designed to address the limitations of traditional inventory management methods, such as MRP (Material Requirements Planning) and EOQ (Economic Order Quantity), by…
…for these new data regulations and could face fines. In fact, GDPR lawsuits are already targeting the likes of Google, Facebook, Apple, and Amazon. Google and Facebook alone faced $9.3 billion in fines just after the first day of GDPR. To effectively operate within the regulation and compliance limits of…
A large distributor was constructing several new distribution sites in its supply chain. These sites received and distributed product by rail and truck. It was important for the client to verify the site designs in a discrete event simulation model to confirm the system could perform as expected, in addition…
New York Times focused on businesses looking to “reshore” supply chains. Japan has funded $2.2B to help companies shift production out of China. European trade ministers are also looking to diversify sourcing. A.T. Kearney’s 7th Annual Reshoring Index highlighted this trend for U.S. business. It showed a “dramatic reversal” of…
…is no ‘final’ goal except to simply removing (and preventing) wasteful processes and delivering value to the customer. Be it a change in manufacturing technology or even complacency, new wasteful processes could emerge in the future. The lack of expertise, training, change management, data, and buy-in makes the task of…
…use it once you have it. MOSIMTEC helps all types of companies do that. Our computer models and simulations leverage growing data treasure troves to help companies improve performance, cut cost, increase efficiency, perform supply chain optimization, and make better/faster decisions. The new normal post-COVID is about analytics, AI, automation,…
…changes are being seen in many consulting areas as consultants and clients adapt, and need grows for performance improvement projects to stem problems. However, COVID has highlighted the personal, on-site nature of many consulting projects and the need for workarounds. Consultants must adapt with new tools/skillsets for the COVID-19 environment,…
MOSIMTEC just finished a project where the client wanted help with determining the availability of parking in an area that struggles with it currently. The benefactors of the simulation model were interested in understanding the effect that the addition of a new parking garage would have on the surrounding area….