The global economic meltdown of the late 2000s exposed poor internal processes within many organisations around the world. Previously unshakeable institutions went to the wall and every indicator, from house prices to the number of unemployed, was on a downward trend. As companies begin their slow recovery, they are increasingly looking for ways to reduce working capital by improving operational..
For a number of years Michelin has been using WITNESS simulation to continually improve production efficiency and effectively manage the process of engineering change. Benefits have been numerous including regular improvements in productivity as different elements of the production process have been refined. Here we examine how simulation has recently been used to lessen the effects of minor pro..
Advanced automated business simulation tools from Lanner Group have been used by Bakkavor’s Delicatessen business to ensure that an increase in the range and quantity of products does not compromise the ability to deliver finished product on time. The simulation outputs have also helped to justify the correct capital expenditure, and avoid costly investment in unnecessary equipment.
Lanner Group works with Shell Services International, Shell International Gas and Lanner to develop a new simulation tool, ADGENT, to model producer and receiving terminals, shipping logistics and shipping delivery programs for both liquid natural gas (LNG) and crude oil.
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