... 99%. Fulfillment of the supply plan – 84% (the objective was 80%). This KPI was measured in metric tons (a metric ton is equal to 1,000 kilograms) of cement. Benefits of the simulation model Using AnyLogic, Argos optimized its cement supply scheduling and vessel capacity utilization. Also, simulation helped to review the system bottlenecks and identify possible risks such as inventory shortages, shipment delays, and so on. This improved product availability in the real system. Moreover, modeling reduced labor costs and overtime. As a result, in 2021, Argos sold higher volumes than in 2020 with the same unit cost. Next steps Argos engineers were going to add autonomous destination ...
Inventory Management and Optimization for an FMCG Manufacturing Company
... industries, including banking, healthcare, manufacturing, FMCG, supply chains. Using simulation and optimization techniques, as well as advanced analytics, they develop solutions for such problems as network design and planning, inventory planning, scheduling, and more. This case study details one of their projects in the FMCG industry. The aim of the project was to determine inventory norms for storing limited shelf-life products. The solution was produced using simulation-based optimization in AnyLogic. Problem: Inventory management and optimization in FMCG Fast-moving consumer goods (FMCG), also called consumer-packaged goods (CPG), refer to products that ...
Manufacturing capacity planning and the top 10 benefits for your company
... required level of resource utilization is reached. Check out this simulation model developed in AnyLogic showing the process of concrete production. Autoclaved aerated concrete factory 10 benefits of good manufacturing capacity planning Planning for production capacity allows managers to schedule improvements that increase efficiency. However, there are more specific advantages that you can examine to fully understand its value. Highlight inefficiencies in processes As production capacity is revealed by data, opportunities to optimize ...
Digital Twin of a Manufacturing Line: Helping Maintenance Decision-Making
... and demonstrative information about the economic and production consequences for different maintenance policy configurations. This is done by running various what-if scenarios where the user can vary different core parameters (e.g. maintenance policy, production plan, working schedule, etc.). It is also possible to change the characteristics of the line or a robot, if needed. The system can handle both the near and far future and, moreover, using the digital twin for simulation provides an easy-to-use tool to analyze and ...
Creating Optimal Store Layouts and Improving Labor Scheduling
... the Domino’s brand. Problem Domino’s has been growing very quickly and opening a lot of new stores. When opening a new store, a number of factors must be considered, for example, the right location, the layout of the store, and later labor scheduling. So, there are a number of steps or activities that they need to do, including: Working with the operations team to determine the kind of products they offer and the processes involved in providing those items. Then modifying the model taking those factors into account. Spending a lot of time in the actual store under evaluation, watching and interacting with employees. If they are not ...