Batch Supplier Switch Improvements in the upcoming Capitalism Lab version 12.0
Two new options will be introduced for batch switching suppliers:
Switch Supplier – Same Supplier: Apply the same supplier change to all firms that currently use the same supplier.
Switch Supplier – Same Product: Apply the same supplier change to all firms that purchase the same product, regardless of the supplier.
Example:
Suppose you have 4 department stores buying jeans from two different third-party suppliers. After launching your own brand of jeans, you want all of your stores to switch to purchasing your brand instead. With the new “Switch Supplier – Same Product” option, you can make this change in one step.
In previous versions, this would have required two separate processes since the jeans were being sourced from two different suppliers. Now, the process is streamlined and more efficient.