LINKS Sign-Up Form: LINKS Multi-Channel Management Simulation This LINKS Sign-Up Form provides essential information to permit LINKS Simulations staff to manage LINKS on your behalf. This LINKS Sign-Up Form is for one industry or for multiple industries with identical game-run schedules. Use separate LINKS Sign-Up Forms for industries with different game-run schedules. LINKS Simulations Variant Multi-Channel Management Simulation Instructor’s Name Instructor’s College/University Instructor’s Phone Number(s) Instructor’s E-Mail Address Course Number/Title/Section Number of Firms (between 2 and 8) For multiple industries with identical game-run schedules, identify the number of firms for each industry in the “Number of Firms” line above. For example, “Two Industries: A (4 firms) and B (5 firms).” Payment Method If students are paying for LINKS with personal credit cards via the “Pay For LINKS” link on the LINKS website, Payment Method is “Students Pay With Personal Credit Cards.” If the instructor’s institution is paying for LINKS via institutional invoice attached to an e-mail message sent to the instructor (for forwarding to the relevant within-institution person), Payment Method is “Institutional Invoice.” LINKS staff execute scheduled game runs daily at 900am, 100pm, 500pm, and 900pm U.S. Eastern Time. Please choose one of these four times for each round in your LINKS event. If other game run times are desired (e.g., with multiple game runs per day or in corporate/ExecEd events with LINKS), please contact us (LINKS@LINKS-simulations.com) well ahead of time to ensure that our staff can meet your specific game run scheduling needs. LINKS Schedule Date Time (your local time) Special Instructions and Instructor-Optional Switches Initialization (and advancement to Q#3 and passcode e-mailing to you and your students) Q#4 Q#5 Q#6 Q#7 Q#8 Q#9 Q#10 [round 1] [round 2] [round 3] [round 4] [round 5] [round 6] [round 7] In academic degree-granting programs, the LINKS Multi-Channel Management Simulation costs $38 per student for a six-round event (after initialization and advancement to quarter #3, the normal starting position when students assume managerial control of their LINKS firm). Extra rounds beyond six cost an additional $4 per student per extra round. Here’s a sample LINKS schedule for a LINKS Multi-Channel Management Simulation event. For information about other instructor-optional switches, access the LINKS sign-up webpage (http://www.LINKS-simulations.com/sign-up.php) or the “Customizing LINKS” link on the LINKS Simulations website. To discuss the design of your LINKS event and the use of instructoroptional switches, please contact Randy Chapman (LINKS@LINKS-simulations.com). LINKS Schedule Initialization (and Time Date (your local time) February 22 Anytime March 1 March 8 13:00 13:00 Special Instructions and InstructorOptional Switches Initialize with products 3 and 4 inactive. advancement to Q#3 and passcode e-mailing to you and your students) Q#4 Q#5 [round 1] [round 2] Activate products 3 and 4 for Q#6 inputs. [round 3] Q#6 March 15 13:00 [round 4] Q#7 March 29 17:00 [round 5] Q#8 April 5 17:00 [round 6] Q#9 April 12 21:00 Last LINKS round is a double-run. [round 7] Q#10 Notes: This sample schedule shows regular weekly decision inputs on the same week days. Such “regularity” is not a requirement, but it’s a typical scheduling pattern in academic degreegranting programs to help LINKS students in their time management and work-life scheduling. Please send the completed “LINKS Sign-Up Form” as an e-mail attachment to LINKS Simulations (LINKS@LINKS-simulations.com). Please communicate any necessary scheduling changes after your LINKS event begins via e-mail to LINKS Simulations (LINKS@LINKS-simulations.com). About the LINKS Multi-Channel Management Simulation The LINKS Multi-Channel Management Simulation is a sophisticated, team-based, competitive marketing management simulation. LINKS firms are manufacturers in the simulated set-top box industry. Product-line portfolio management through indirect and direct channels (retail, direct/e-commerce, and major accounts) is emphasized with branded and private-label products in multiple categories and market regions. The LINKS Multi-Channel Management Simulation is targeted at channels management, channels of distribution, and category management courses where multi-channel management is a major focus. Starting Conditions Two products actively marketed in most channels in three regions. Two private-label products, products 3 (a Hyperware product) and product 4 (a Metaware product), are or are not available initially (at the instructor’s discretion) but they are not actively distributed in any channels/regions at initialization. As of Q#3, average per-firm profitability is approximately $2,500,000 on revenues of about $77,000,000. Average per-firm Q#3 demand (i.e., sales volume in units): Region 1 Region 2 Region 3 (“U.S.A.”) (“Europe”) (“Pacific”) Hyperware Metaware 45,000 35,000 25,000 17,000 43,000 18,000 Status of product configurations (estimated product quality perceptions, a perceptual rating scale which ranges from 0% to 100%): Initial Region 1 Region 2 Region 3 Configuration (“U.S.A.”) (“Europe”) (“Pacific”) Product 1 (Hyperware) Product 2 (Metaware) Product 3 (Hyperware) Product 4 (Metaware) H55221 M55542 H11101 M11101 3% 8% Inactive Inactive 4% 14% Inactive Inactive 4% 36% Inactive Inactive Some Initial Firm Decisions (For Q#4 and Beyond) Since the firms have been on “auto-pilot” for the initial three quarters, forecasts must be updated immediately, presumably with reference to the sales history provided in the Forecasting Accuracy Report (included near the end of each firm’s standard financial and operating reports). With updated forecasts, finished goods inventory levels must be examined carefully. Firms have been on “auto-pilot” for three quarters and over- or under-inventory situations might exist. No research studies are provided with the initial Q#3 results, so initial firm decisions must include consideration of which research studies would be useful in the future. This point/recommendation must be made quite forcefully by the LINKS instructor, to get the students’ attention in the “blitz” of the overwhelming initial activity set in LINKS as students assume managerial control of their firms. Since all channels aren’t fully populated with the existing products when students assume managerial control of their LINKS firms after Q#3, there is an apparent immediate growth opportunity … to launch inactive products into unpopulated channels. Of course, there’s always the associated provocative question: is there sufficient channel-specific volume potential present to yield a profitable business opportunity in the (currently) unpopulated channels? Products 3 and 4, private-label products, are also available to firms in the LINKS MultiChannel Management Simulation. A major issue is whether a private-label product is profitable to include in a firms’ product portfolio in the set-top box industry. Just because a private-label product is an option, that doesn’t automatically mean that a private-label product should be launched. It still remains to be determined whether the active marketing of a private-label product is a wise business decision or not. Advanced Options 1. Activate additional market regions (to a maximum of six). 2. Activate zero-interest credit financing as an additional channel- and region-specific generate-demand decision variable for each product. 3. Activate the recycling/recovery generate demand decision variable. 4. Change costs in material ways (e.g., increase Alpha and Beta raw materials costs by 25%). 5. In a longer event (i.e., more than six rounds), service management insourcing might be activated to provide additional management challenge. This would presumably be done about Q#6, for use by the LINKS students in their Q#7 inputs and beyond.