Search results for "BULLWHIP"

showing 10 items of 21 documents

Production Inventory and Enterprise System Implementation: An Ex-ante No-Cost Based Evaluation

2010

The objective of this paper is to present an Enterprise System (ES) ex-ante no-cost based three step evaluation technique, which enables a pre-emptive analysis of the effects of an ES implementation using a system of referenced non financial performance metrics. The innovativeness is in the use of a simulation model fully integrated with the evaluation procedure. Researchers can extend the presented technique to further modelling approaches and test it on different market sectors. The analysis provides practitioners with a measurement system that enables an analysis of the effects of a given ES implementation and can be further employed in financial evaluations.

Inventory managementFinancial performanceEnterprise systemEx-anteComputer scienceSupply chainSystems engineeringBullwhipIndustrial engineeringProduction inventoryTest (assessment)
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Efecto Bullwhip y restricciones de capacidad productiva en las cadenas colaborativas

2008

El objetivo del presente artículo es profundizar en el análisis de Evans y Naim (1) sobre la relación entre la capacidad de limitada producción y el efecto bullwhip, y actualizarlo en función de las recientes configuraciones de cadenas de suministro colaborativas. Se analizan tres cadenas de suministro con capacidad de producción limitada: la misma cadena de suministro tradicional estudiada por Evans y Naim (1), una cadena EPOS (Exchange Point of Sales) y una cadena sincronizada. Se adopta un sistema de métricas para evaluar los beneficios de los nodos de la cadena medidos en términos de estabilidad de la orden de pedido, estabilidad de los inventarios, y robustez del sistema, y en términos…

Mathematical optimizationbusiness.industrySupply chainHD28-70OutsourcingSupply and demandHB1-3840Chain (algebraic topology)Order (exchange)Bullwhip effectEconomicsManagement. Industrial managementProduction (economics)Economic theory. DemographyOperations managementEcuaciones diferencialesSimulaciónbusinessRobustness (economics)
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Modelling the Bullwhip Effect Dampening Practices in a Limited Capacity Production Network

2009

This work infers on the conjoint adoption of collaboration practices and replenishment rules as bullwhip dampening techniques in a limited capacity production network. Continuous time differential equation methodology is adopted to model three supply chain configurations. Results show that theconditio sine qua non for long-term capacity strategy is the management and control of information asynchronies, provided by collaboration practices and ad-hoc decision policies. Furthermore the study reveals the phenomenon of bullwhip rough dampening.

MicroeconomicsSupply chain managementRisk analysis (engineering)Sine qua nonComputer scienceInformation sharingSupply chainBusiness networkingBullwhip effectProduction (economics)Bullwhip
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Avoiding Demand Amplification Phenomenon via Hi-tech Application: A What-If Supply Chain Analysis

2010

The well-known deleterious effect of the amplification of variance of order rates in multi-echelon systems, commonly known as demand amplification phenomenon or bullwhip effect, still presents new challenges and continues to fascinate the operations management community. Recently this research field is focusing on the study of robustness of bullwhip avoidance techniques under uncertainty, as environmental conditions often determine variations in processes, with regards to production and delivery lead time, and variations in the parameters of the decision policies. This work aims at quantifying the efficacy of bullwhip dampening techniques and at verifying this efficacy against variations in…

Risk analysis (engineering)Order (exchange)Computer scienceSupply chainBullwhip effectProduction (economics)Variance (accounting)BullwhipRobustness (economics)Lead time
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The Impact Of Demand And Inventory Management Policies On Bullwhip Effect In Production Networks

2004

The bullwhip effect is a phenomenon consisting in variance amplification of orders as they move up a supply chain. The immediate bullwhip effect consequences are the increase of inventory costs, poor custoiner services and inefficient utilization of resources due to the difficulties of production planning activities in highly variable conditions. There are many factors that cause the bullwhip effect, but if is particularly due to demand forecasting and inventory management policies. In this paper the impact on bullwhip effect of different policies to manage demand and inventories has been evaluated through discrete event simulation, using the ARENA (R) simulation package.

Settore ING-IND/35 - Ingegneria Economico-GestionaleSupply Chain Management Bullwhip Effect Demand Forecasting Inventory Management
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Closed-loop supply chains: What reverse logistics factors influence performance?

2016

This paper analyses the inventory and order flow dynamics in closed-loop supply chains (CLSCs). In this kind of supply chains the reverse flow of materials entering the system for recycling purposes complicates the way in which inventories should be managed and replenishment policies should be designed. Specifically, we analyse the relationships between some reverse logistics’ factors (remanufacturing lead-time, return rate of recycled products, reverse order policy, and number of supply chain tiers) on the order and inventory variance amplification. We firstly perform a systematic literature review of the related studies. Secondly, by adopting a difference equation math approach and design…

Supply chain dynamicsEconomics and EconometricEconomics and EconometricsBullwhip effectOperations researchSupply chainCeteris paribusSupply chain dynamic0211 other engineering and technologies02 engineering and technologyReverse logisticsManagement Science and Operations ResearchIndustrial and Manufacturing EngineeringOrder (exchange)Bullwhip effect0502 economics and businessEconomicsBusiness Management and Accounting (all)Operations managementRemanufacturing021103 operations researchSupply chain managementSystematic literature review05 social sciencesVariance (accounting)Settore ING-IND/35 - Ingegneria Economico-GestionaleGeneral Business Management and AccountingRemanufacturing lead timeReverse logisticReverse logisticsSimulation050203 business & managementInternational Journal of Production Economics
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Capacity constrained supply chains: a simulation study

2008

This paper explores the relationship between constrained capacity and supply chain performance. Six capacity constraint levels are studied under different inventory policies and information sharing strategies. The results suggest that an increment of production capacity, used in industry as local approach to manage increasing incoming orders, does not necessarily imply an improvement in customer service. In presence of information distortions, the strategy of augmenting production capacity can lead to satisfy at a higher cost an over-estimated market demand. The collaborative practices provide bullwhip effect dampening and inventory stability, and increase the ability of the structure to av…

Supply chain managementComputer scienceApplied MathematicsInformation sharingSupply chainStability (learning theory)Environmental economicsComputer Science ApplicationsSupply and demandMicroeconomicsModeling and SimulationBullwhip effectProduction (economics)Constraint (mathematics)International Journal of Simulation and Process Modelling
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Impact of reverse logistics on supply chain performance

2013

Purpose – The purpose of this paper is to analyse the impact of reverse logistics on order and inventory variance amplification in a single-echelon supply chain (SC) and to propose a new order policy for dampening such amplification. Design/methodology/approach – A general review of the literature on sustainable operations and on the impact of reverse logistics on SC performance provides the foundation for the study. The authors use difference equation math approach for modelling and analysing a closed SC. A proper design of experiment and data collected from the European Union statistics validate the obtained numerical results. Findings – The variability of reverse flow in a closed loop S…

Supply chain managementOperations researchComputer scienceSupply chainDesign of experimentsTransportationReverse logisticsVariance (accounting)Sustainability Supply chain management Reverse logistics Closed-loop supply chain Bullwhip effectSettore ING-IND/35 - Ingegneria Economico-GestionaleOrder (exchange)Management of Technology and InnovationBullwhip effectmedia_common.cataloged_instanceOperations managementEuropean unionmedia_commonInternational Journal of Physical Distribution & Logistics Management
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Up-to-Date Supply Chain Management: The Coordinated (S, R) Order-Up-to

2011

This paper presents the mathematical derivation of a new generation of the most largely used periodic review policy in supply chain: the coordinated (S, R) replenishment rule. We first derive the classical order-up-to model and then we modify it to generate the coordinated decision policy equations. We run a numerical simulation on a serial supply chain model to show differences in the two policies. We conclude on the managerial implications related to coordinated replenishment.

Supply chain risk managementMathematical optimizationSupply chain managementComputer simulationComputer scienceOrder up toSupply chain modelBullwhip effectInformation sharingSupply chain
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Information Exchange Supply Chain under inventory inaccuracy: a simulation study

2012

The objective of this paper is to contribute at quantifying the impact of inventory record inaccuracy on operational performance and customer service level in collaborative supply chains. To this purpose we analyse the impact of shrinkage errors in the inventory item recording activity in an “information exchange supply chain”, i.e. a supply chain in which companies share information about market demand and use such information for placing orders to their suppliers. We present the mathematical formulation of such a supply chain model and we conduct a numerical simulation and a sensitivity analysis over different level of errors.

Supply chain Inventory record inaccuracy Bullwhip effectSettore ING-IND/35 - Ingegneria Economico-Gestionale
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