The Beer Game – Inventory Management

Professors Brad Morrison, Jim Hines, and Paulo Gonçalves teach their organizational behavior and supply chain management classes how to play the beer game.

Supply Chain Training and Videos

• Bullwhip Effect: How Sudden Demand Increases Affect Supply Chains.
• Buy it: Managing Supply.
• Inventory Management Training in 3 minutes – ABC Classification
• Kanban explained in 60 seconds. 11k views.
• Min-Max Inventory Supply Chain Strategies.
• SCM Master: Professor Hau Lee on the bullwhip effect.
• Six Sigma In Plain English.
• Supplier Relationship Management Best Practices with David Wohler.
• Strategic Sourcing for Successful Supply Chain Management.
• Supply Chain Resources by Topic & Supplier.
• Supply Chain Risk Management Discussion.
• The Bullwhip Effect 101.
• The Purchasing Process.
• What is Supply Chain Management?
• Why Inventory Matters to Every Consumer and Retail Investor.

Quotes on Supply Chain

• “Eighty-five percent of the reasons for failure are deficiencies in the systems and process rather than the employee. The role of management is to change the process rather than badgering individuals to do better.” ~W. Edwards Deming
• “If supply chain had an arch enemy it would be called ‘Bad Communication’.” ~Dave Waters
• “One of the only ways to get out of a tight box is to invent your way out.” ~Jeff Bezos
• “Almost all quality improvement comes via simplification of design, manufacturing, layout, processes, and procedures.”  ~Tom Peters
• “Bullwhip Effect: Shifts in customer demand are magnified the farther you move up the supply chain.  This leads to large fluctuations in inventory.” ~EverythingSupplyChain.com.
• “The future of collaboration is the metaverse.” ~Dave Waters
• “Today’s leading real-world retailer, Wal-Mart, uses software to power its logistics and distribution capabilities, which it has used to crush its competition.”  ~Mark Andreesen
• “Supply Chain is like nature, it is all around us.” ~Dave Waters
• “Everyone should know how to negotiate. If you buy a house, a car, or something off Craigslist, negotiation is important.” ~EverythingSupplyChain.com.
• “Make inventory a common enemy for your company.” ~Dave Waters