Lab: SimFlex (LORD)

Date 2020 _04_15

Computer Nr. 10
Name, Surname Vishwas Jagadeeswarachar

Task #1

Table 1:
OCT OCT Delivery Inventory Transp.
Scenario Availability Total Costs
AVG MAX On-Time Costs Costs
Original model 2.7 7.7 65.4% 44.9% 1468 52930 69828
Scenario 1 1.5 4.3 84.8% 72.4% 1604 55768 57372
Scenario 2 1.3 3.6 97.7% 92.9% 1448 34069 50967

Table 2:
Scenario Description Planning horizon
Increasing the availability
Replenishment Level from 600 in 7 days to 5 00 in percentage and on-time
Scenario 1
1day delivery percentage

Increased availability as
Scenario 2
Changing the Delivery policy to Euro Direct well as on-time delivery

Conclusion: Scenario 2 has good service level and logistics costs. Transport cost has
drastically reduced due service policy as it has very good delivery time and available to
customers from European countries like Germany, France, Belgium and Italy. They can
rely on services from Latvia on time.

Task #2

Table 1:
OCT OCT Delivery Inventory Transp.
Scenario AVG MAX
Availability
On-Time Costs Costs
Total Costs

Distributed
Network  2.4 6.3   78.3% 49.5% 88996  71745  176441 
Centralized
Network  2.1  4.7 88.1%  47.4%  76426 58488  150164 

Table 2:
Description Planning horizon
Creation on different or alternative strategies and assess on the parameters Implementing
alternative strategy
by re-changing
completely or
modification of
existing strategy.

Conclusion:
1
Between two Strategies centralized network is feasible even though the compromise on
delivery on-time because availability to customers is very crucial and to company the
transport and inventory cost is important.

Task #3

Table 1:
Nordic Fenix Korvet
Scenario
OCT OCT OCT Inventory Costs Transp. Costs Total Costs
Original Model  1.06  1.56  16.19  11090  7643  19153
Scenario 1  1.06  1.56  15.18  10840  7542  19002
Scenario 2 1.06 1.56 14.38 10824 7509 19223
Scenario 3  1.06  1.04  14.39  10794  7979  19193
Scenario 4 1.06 1.04 12.98 10349 76428 87196

Table 2:
Scenario Description Planning horizon
Delivery Policy is
altered.
Scenario 1
Transport link is altered by changing logistics service
to Euro Service.
Change in Supplier
Supplier Policy is changed by changing the order Policy.
Scenario 2
percentage of furniture at two plants, Nordic and Fenix.

Establishing links
Provide links between the places, logistics services and between Distribution
Scenario 3
transport modes. centres and ports.

Change the delivery policy of plant. Changing mode of

Scenario 4 service to Air from Road.

Conclusion:
Transportation of goods through varies modes from plants to ports varies according to
kind of transportation utilized. As we can see changes very minimal but when goods are
transported through air is expensive compared to other modes of transport.

Conclusion on Lab

The Concept of introducing the LORD software is about managing the logistics in an efficient
and positively to customers as well as to the companies handling logistics and transportation.
The Data Analysis and networking can be done with ease and analysed for handling various
scenarios. The cost of various departments can be understood. The feasibility studies can be
realised and large-scale decisions can be made using these models.