SimulationSimulation Modeling takes the risk out of decision making by allowing businesses to model or simulate change before it is implemented.  Just as a CFO will create a spreadsheet model or pro forma analysis, the Industrial Engineer can create a simulation model to understand the impact of changes on a process.  Unlike a spreadsheet  analysis which uses static data points, a simulation model can capture the variability of order arrivals times and volume, processing time, scrap rates, and resource downtime.

We have a twenty year history of using this technology and now utilize Simul8 software to enable businesses to make better decisions in applications such as:

  • Lean & Six Sigma – Organize the process more efficiently and demonstrate the changes.

  • Shared ServicesDetermine exactly what gains can be made by combining operations.

  • Activity Based Costing – Support strategic decisions by understanding product costs.

  • Cost Reductions – Identify reductions that can be made without decreasing performance.

  • Capacity Planning – Identify bottlenecks and determine maximum throughput levels.

  • Resource RequirementsQuantify impact of manpower plans and equipment utilization.

Learn more about our Simulation Modeling Services; schedule a follow up call.

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