In this operations management simulation, student teams take strategic decisions through the value chain in order to become efficient, competitive, and offer value to their customers. This management simulation provides a systematic way of looking at an organisation’s processes, to grasp a better understanding of the principles of operations management and supply chain management.
In the Operations Management simulation, students work in teams in the Operations function of their company. Students need to determine which management role each of them will play in the simulation before deciding upon a business plan.
Once the teams are assembled, roles are assigned, and their strategy has been launched, student teams then need to compete against one another during each round to earn points on the ranking list - each round is equal to one year of operations. Points are awarded to teams based on their overall strategy and their decisions during each round to improve the operations performance of their company. These decisions should be aligned to their set SMART objectives they set themselves in their business plan and points are awarded to those for both meeting targets - the higher the target the more the reward!
The Operations Management simulation could be assessed in different ways. Below are the options that are used most frequently:
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