On Replenishment Rules, Forecasting, and the Bullwhip Effect in Supply Chains

On Replenishment Rules, Forecasting, and the Bullwhip Effect in Supply Chains PDF Author: Stephen M. Disney
Publisher: Now Publishers Inc
ISBN: 1601981325
Category : Business & Economics
Languages : en
Pages : 95

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Book Description
In this review we focus on supply coordination and use the bullwhip effect as the key example of supply chain inefficiency. We emphasize the managerial relevance of the bullwhip effect and the methodological issues so that both managers and researchers can benefit.

Dampening Variability by Using Smoothing Replenishment Rules

Dampening Variability by Using Smoothing Replenishment Rules PDF Author: Stephan M. Disney
Publisher:
ISBN:
Category :
Languages : en
Pages : 33

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Book Description


Encyclopedia of Production and Manufacturing Management

Encyclopedia of Production and Manufacturing Management PDF Author: Paul M. Swamidass
Publisher: Springer Science & Business Media
ISBN: 0792386302
Category : Business & Economics
Languages : en
Pages : 833

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Book Description
Production and manufacturing management since the 1980s has absorbed in rapid succession several new production management concepts: manufacturing strategy, focused factory, just-in-time manufacturing, concurrent engineering, total quality management, supply chain management, flexible manufacturing systems, lean production, mass customization, and more. With the increasing globalization of manufacturing, the field will continue to expand. This encyclopedia's audience includes anyone concerned with manufacturing techniques, methods, and manufacturing decisions.

Advanced Manufacturing and Sustainable Logistics

Advanced Manufacturing and Sustainable Logistics PDF Author: Wilhelm Dangelmaier
Publisher: Springer Science & Business Media
ISBN: 3642124615
Category : Computers
Languages : en
Pages : 456

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Book Description
Intimesofdecliningeconomicgrowth,companieshavetocontroltheircostsmore than ever to saveresources needed in the future. Regardless of the economic size of the company, the processes of production and logistics play a decisive role in stabilizing procedures and avoiding waste. Both are important cost drivers in manufacturing companies and therefore they o?er large potential savings. Pervasive networking in the last years has contributed to a hitherto unknown transparency of global markets. This harmonization opened up new possibilities of entering foreign markets for procurement and sales to the companies. The emerging global procurement strategy was understood as a chance to rethink the relocation of existing production facilities to pro?t from existing di?erences in price and performance as a resource-saving factor. Many companies tended towards a reduction of their vertical integration by outsourcing sections of their value chain. These contracted services of production result in higher transport volumes, increased complexity of supply processes and new requirements on - gistic networks. This trend of outsourcing has not stopped, but is slowing down noticeably. Additionally,thereisanincreasingproportionofcompaniesrestoring business units that were outsourced before. Reasons for turning back decisions are often to be found in missed goals. It is not unusual that important cost f- tors were disregarded in the original basis of decision-making. In the meantime many companies have realized that it is easier to achieve stability of processes and therewith a control of costs by increasing their own contribution to p- duction. Especially in times of under-utilized capacities like in the current crisis, insourcingcanbeastrategicoption.

Disruptive Technologies and Optimization Towards Industry 4.0 Logistics

Disruptive Technologies and Optimization Towards Industry 4.0 Logistics PDF Author: Athanasia Karakitsiou
Publisher: Springer Nature
ISBN: 303158919X
Category :
Languages : en
Pages : 298

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Book Description


Modelling Supply Chain Dynamics

Modelling Supply Chain Dynamics PDF Author: Jose M. Framinan
Publisher: Springer Nature
ISBN: 3030791890
Category : Technology & Engineering
Languages : en
Pages : 224

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Book Description
This book discusses supply chain management, focusing on developments within modelling the dynamic behaviour of the supply chain. Aimed at postgraduate students, researchers and practitioners, this book provides an in-depth knowledge of the dynamics of supply chains. Business trends such as the globalisation process and the increase of competition across many industrial sectors have forced companies to concentrate on their core competences and to outsource those activities in which they do not excel. As a consequence, companies no longer produce and distribute their goods in isolation, but being part of a supply chain or supply network, i.e. a set of interrelated companies who ultimately deliver the goods and services to the final customer. Despite the prevalence of supply chains as the primary form of production and distribution, their performance can be seriously hampered by the complex dynamics resulting from the collaboration and coordination (or lack thereof) among their members. This book provides the reader with modelling tools to understand, analyse and improve the dynamic behaviour of supply chains. It assembles seminal works on supply chain models and recent developments on the topic in order to provide a comprehensive, unified vision of the field for researchers and practitioners who wish to grasp the challenges of supply chain management. Aside presenting the main elements, equations and performance indicators governing the dynamics of a supply chain, and the book addresses issues such as the effect of timely and accurately sharing the information across members, the influence of restrictions on the productive capacities of their members, or the impact of the variability of the lead times, among others. Furthermore, more complex supply chain structures such as non-serial supply networks or closed-loop supply chains are modelled and discussed. Relevant managerial insights regarding the causes of supply chain underperformance, as well as avenues to improve their efficiency can be extracted from the resulting models.

Advances in Remanufacturing

Advances in Remanufacturing PDF Author: Marcello Fera
Publisher: Springer Nature
ISBN: 303152649X
Category :
Languages : en
Pages : 549

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Book Description


An Experience with Bullwhip Effect in a Supply Chain - A Case Study

An Experience with Bullwhip Effect in a Supply Chain - A Case Study PDF Author: Dr. A. K. Varma
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
According to supply chain pundits, information has replaced inventory. Now, Information affects the design and operations of the supply chain more efficiently and effectively than ever before. At the same time distorted information from retailers to wholesalers and distributors can cause serious damage to a supply chain in the form of increased inventory, manufacturing chaos, poor customer service and loss of revenues. This phenomenon is known as bullwhip effect in business jargon. Instead of succumbing to its ill effects, successful supply chain have been using various newer techniques such as collaborative planning, forecasting and replenishment, vendor managed inventory, just in time and continuous replenishments. The present article is an attempt to understand the concept of bullwhip effect with the help of a case study of a light commercial vehicle manufacturer. Since error in demand forecasting is a major cause of bullwhip effect in a supply chain, therefore it is clarified that if the members of a supply chain share information, the 'extended-bullwhip effect' can be completely eliminated. Primary data for the study has been collected from the firm itself.

Demand-Driven Inventory Optimization and Replenishment

Demand-Driven Inventory Optimization and Replenishment PDF Author: Robert A. Davis
Publisher: John Wiley & Sons
ISBN: 1118585720
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
Use demand driven optimized inventory and replenishment to overcome your supply chain weaknesses, and deliver business-maximizing results Reviewing the fundamentals of inventory optimization so that you can attain a demand-driven supply, Demand-Driven Inventory Optimization and Replenishment provides a business look at why present inventory systems sub-optimize the supply chain and faulty replenishment processes lead to wasted time and effort. Straightforward and clearly written, this book allows readers to come away with a good understanding of why optimized inventory and replenishment helps overcome in-system weaknesses and deliver results. Discusses how multi-echelon inventory optimization and replenishment enables installed systems to go from a sequential, "islands of efficiency" approach to a systematic distribution system working as a complete network Provides case studies throughout Reveals how optimized inventory and replenishment delivers results across industry verticals With a historical view of the three major supply chain efforts of the last thirty years, this book discusses mathematical shortcuts set up in the transitional and supply chain management systems that make it very difficult for companies to attain supply chain excellence.

Advances in Production Management Systems. Competitive Manufacturing for Innovative Products and Services

Advances in Production Management Systems. Competitive Manufacturing for Innovative Products and Services PDF Author: Christos Emmanouilidis
Publisher: Springer
ISBN: 3642403611
Category : Computers
Languages : en
Pages : 752

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Book Description
The two volumes IFIP AICT 397 and 398 constitute the thoroughly refereed post-conference proceedings of the International IFIP WG 5.7 Conference on Advances in Production Management Systems, APMS 2012, held in Rhodes, Greece, in September 2012. The 182 revised full papers were carefully reviewed and selected for inclusion in the two volumes. They are organized in 6 parts: sustainability; design, manufacturing and production management; human factors, learning and innovation; ICT and emerging technologies in production management; product and asset lifecycle management; and services, supply chains and operations.