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Simio Supply Logistics – Spring 2022

DATE

May 2022

Summary

Simio Supply Logistics (SSL) is an organization that charters offshore vessels to and from various offshore drilling locations. SSL can choose from a variety of watercraft to rent monthly. The collection of platform supply vessels (PSVs) is selected and dispatched out of ports. These vessels service multiple deep-water rigs. The system is presently under scrutiny due to high costs, unmet demand, and excessive standby time. Management at SSL would like your team to improve vessel scheduling and determine a better way to meet the drilling company’s demands while minimizing incurred costs.

SSL is requesting an analysis of the current vessel operations. Using the historical data collected by the data management team, model the current system’s performance and fulfillment of cargo demand. The team will need to consider the specifications of different vessel types and capacity limitation for cargo as they plan which vessel is loaded and dispatched. Additionally, the North Sea, in which the rigs are located, can prove to be complex for sea-faring ships trying to pass through its waters. Factors such as wave height and general weather conditions greatly impact each vessel’s ability to transport its cargo from port to rig, and once at the rig, unload its contents. Modeling the current system will provide a baseline for evaluating improvement strategies for the future.

Management requests that your team develops and evaluates alternative business and procedure strategies. New strategies should decrease the overall operating cost while improving productivity and uptime. Your team will deliver a video presentation to SSL management with your findings and proposal for a future system.