Planning Simulation: Managing Supply and Demand

Why Attend

In this course, we will use Cesim’s ‘SimFirm’ simulation tool to practice essential competitive and operational decisions made by managers in real life. SimFirm is a business management simulation program that integrates the functional areas of production, marketing, and logistics. It increases the participants’ awareness of operating a company from a general management perspective.

The simulation integrates a range of concepts from various management related disciplines, including marketing, production, logistics, and financial decision making. In addition, it links the organization to the wider context of the business world and other stakeholders.

Course Methodology

This course uses a web-based simulation with a graphical interface in which participants enter their strategic decisions. The task for the teams is to manage the sales and operations of an international pharmaceutical company. Key success factors include accurate forecasting and planning, analytical approaches to decision making and good teamwork. Teams will develop and execute strategies for their simulated company operating in different markets with specific customer behavior, cost structures, and currency fluctuations. Teams will compete against each other and focus on cumulative earnings as the winning criteria.

Course Objectives

By the end of the course, participants will be able to:

  • Increase awareness of operating a company from a general management perspective
  • Recognize the interactions among various companies and external influences in a complex and interrelated environment
  • Interpret and forecast market situations and market results and translate them into goal-oriented decisions
  • Use fact-based analytical decision-making techniques by linking the decisions to cash flows and bottom-line performance
  • Utilize teamwork and problem-solving methods in a dynamically evolving marketplace

Target Audience

All managers and business professionals who are involved in supporting the planning and strategy of their department or organization, as well as those who are involved in core business or support department management and supervisory roles.

Target Competencies

  • Strategic decision making
  • Financial analysis
  • Business forecasting
  • Sales and marketing skills
  • Critical thinking
  • Production and logistics management
  • Teamwork
  • Quality management

Location:

South Africa

Training Dates:


Training Schedule
Duration
1 Week
2 Weeks
3 Weeks
Month
Option A
Option B
Option A
Option B
Option A
January
13 - 17 Jan
27 Jan - 31 Jan
6 - 17 Jan
20 Jan- 31 Jan
13 Jan - 31 Jan
February
10 - 14 Feb
24 Feb - 29 Feb
3 - 14 Feb
17 Feb - 29 Feb
10 Feb - 29 Feb
March
10 - 14 Mar
23 - 27 Mar
2 - 13 Mar
16 - 27 Mar
9 - 27 Mar
April
6 - 10 Apr
20 - 24 Apr
30 Mar - 10 Apr
13 - 24 Apr
6 - 24 Apr
May
6 - 10 May
27 -31 May
29 Apr - 10 May
20 - 31 May
13 - 31 May
June
8 - 12 Jun
22 - 26 Jun
1 -12 Jun
15 - 26 Jun
8 - 26 Jun
July
6 - 10 Jul
20 - 24 Jul
29 Jun - 10 Jul
13 - 24 Jul
6 - 24 Jul
August
10 - 14 Aug
24 - 28 Aug
3 - 14 Aug
17 - 28 Aug
10 - 28 Aug
September
7 - 11 Sep
21 - 25 Sep
31Aug - 10 Sep
14 - 25 Sep
7 - 25 Sep
October
5 - 9 Oct
19 - 23 Oct
28 Sep - 9 Oct
12 - 23 Oct
5 - 23 Oct
November
9 - 13 Nov
23 - 27 Nov
02 - 13 Nov
16 - 27 Nov
9 - 27 Nov
December
7 - 11 Dec
14 - 18 Dec
30 Nov - 11 Dec
07 - 18 Dec
30 Nov - 18 Dec


Course Duration:

Unit Standard:

NQF Level:

Number of Credits:


Course Fees


Note: Please fill in the online application form on the left or bottom if this page to receive a quotation with detailed pricing from AATICD.

How to Apply:

To Apply Simply Fill in the Online Enquiries / Applications form on the Right Sidebar or Bottom of this website https://www.aaticd.co.za

NB:

When filling the online application form; please take note of your desired Training Month, Duration in Weeks and Training Session. This will give us the exact dates you will be attending your classes.

Also note that Tuition Fees must be paid upfront on or before training start date. This is to ensure that all resources are made availabe for you before you start. You will not be allowed into training if fees are not paid and verified.

Also note that Tuition Fees Cancellations must be made 14 business working days before the starting date of training. This will allow us to do a 50% refund of the total amount paid. If cancellations are made thereafter note that no refund will be made to delegates.

Tuition Fees include teas and lunch as well as either a laptop or tablet which a delegate will take home free of charge.

Tuition Fee DOES NOT include Accommodation, Dinners and other Extra Curricular Activities or Incidentals. Delegates are expected to fund this on their own. AATICD will not be held accountable for any incidents to delegates.

In-House Trainings are also available for 3 or more delegates for any duration. Please consult with our Administration for such In-House training bookings.


Course Outline

  • The power of business management simulation
    • Simulation platform structure
    • Simulation organization
    • Flow of operations
    • Main objective and winning criteria
    • Decision-making fundamentals
    • Familiarizing teams with the case study
    • Demand structure
    • Factors affecting market size
    • Products and market areas
    • Sales and marketing decisions
    • Distribution and delivery priorities
    • Production decisions
    • Production salaries
    • Financing decisions
    • Projections
    • Decision checklist
    • Types of generated report
  • Achieving the vision through strategy
    • Surpassing the competition with the strategy pyramid
    • Planning for victory through determining where to play and how to win
    • Applying Porter’s grand strategies
    • Guaranteeing results by turning strategy into action
    • Teamwork: The secret weapon of sustainable strategy execution
    • Taking the team from formation to full potential performance
    • Leading a team through clear skies and storms
    • Eliminating conflict to achieve a common team goal
  • Product quality
    • Investing in production and logistics
    • Maximizing quality to build a lasting customer impression
    • The PDCA cycle
    • Supply/demand management by embracing the customer’s perspective
    • Mastering price elasticity of demand
    • Elasticity and performance
    • Forces that shape price elasticity
    • Managing production and delivery levels for lean operations
    • Creating a profitable product portfolio
    • Identifying real profit pools
    • The 6 steps of product line profitability analysis
    • Options for under-performing product lines
  • Marketing and customer care
    • Creating endless promoters for your brand
    • The 4 Ps of marketing
    • An overview of the marketing mix
    • Product
    • Price
    • Place
    • Promotion
    • Reaching all your customers through targeted promotion
    • The role of promotion in marketing
    • Revealing company customer care secrets
  • Financial management and driving profitability
    • Financial management
    • The definition of accounting
    • The definition of finance
    • Making the right financial decisions to lead and grow
    • Analyzing the key financial statements
    • The 5 key financial ratios that make or break your business