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Excel Supply Chain Analysis: Managing Simulations Using VBA

Excel Supply Chain Analysis: Managing Simulations Using VBA

55mIntermediate2021-07-12

Authors

Curt Frye

Curt Frye

President of Technology and Society, Incorporated

Course details

Did you know you can record and run Solver macros, generate random inputs, run multiple simulations, and more, in Excel? Moreover, you can do all this without buying expensive specialty software. In this course, instructor Curt Frye shows how to enhance your supply chain analysis using the Solver add-in in combination with VBA. Working from an example transportation problem, Curt steps through creating a reference to the Solver VBA library, recording and running a Solver macro, generating random inputs, and defining a loop structure to run multiple simulations. Then he moves on to enabling detailed analysis by writing model output, creating a results dashboard to analyze your model output, exploring alternative scenarios with a Solver model, and more.

Skills covered

Supply Chain ManagementSpreadsheetsMicrosoft ExcelProgramming LanguagesBusiness Analysis and StrategyBusiness Software and ToolsMicrosoftSoftware DevelopmentOne-Off

Concepts

0. Introduction

  • 01 - Enhance your Solver analysis by adding VBA
  • 02 - What you should know

1. Defining Solver Simulations Using VBA

  • 03 - Create a reference to the Solver VBA library
  • 04 - Record and run a Solver macro
  • 05 - Generate random inputs
  • 06 - Define a loop structure to run multiple simulations

2. Analyzing Solver Simulation Results

  • 07 - Create an output summary worksheet
  • 08 - Write model output to the summary worksheets
  • 09 - Identify successful and unsuccessful solutions
  • 10 - Create a results dashboard
  • 11 - Explore alternative scenarios using Solver

Conclusion

  • 12 - Next steps

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