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.

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

Get Book Here

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.

The Bullwhip Effect in Supply Chains

The Bullwhip Effect in Supply Chains PDF Author: Felipe A. Villegas Morán
Publisher: Palgrave Macmillan
ISBN: 9781403998583
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
The Bullwhip Effect is one of the most well studied problems in Supply Chain Management. This book offers it's most comprehensive analysis to date, examining associated problems, their consequences, and systems that can cope. It uses case studies to compares the approaches for dealing with the increased variability associated with the effect.

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.

Asia in the Global ICT Innovation Network

Asia in the Global ICT Innovation Network PDF Author: Giuditta De Prato
Publisher: Elsevier
ISBN: 0857094718
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
Production and innovation activities are being re-distributed across the world. The BRICS countries (Brazil, Russia, India and China) are proving the major engine of global growth, being less impacted by the financial crisis than developed economies or able to recover more quickly. Asia in the Global ICT Innovation Network takes a close look at the information and communication technologies (ICTs) landscape, not only in two BRICS countries, India and China, but also in South Korea and Taiwan. The book documents the size of the ICT sector for each of the selected countries, and assesses their R&D expenditure and its place in the international innovation network. The selected countries play a major role in shifting patterns of international trade and global value chains. The countries offer different historical profiles, with reforms dating back from the nineties for “Chindia and earlier policies for the “dragons , with later reforms focusing on IT. The book accounts for their specificity, and emphasises the fact that the four countries have achieved impressive results in terms of economic growth. The ICT sector was a major contributor to this growth and led a pioneering role for other sectors.This title consists of three parts: ICT in emerging economies, covering China and India; the return of the dragons, covering South Korea and Taiwan; and Network knowledge and trade, covering regional networks of R&D centres, India as an S&T cooperation partner, Asian countries in the global production network, and Asia in the process of internationalisation of ICT and R&D. Provides a well-supported look at the ICT sector in Asia, an area where extant literature consists mostly in a scattering of articles in various and heterogeneous journals Focuses on innovation Speaks to a growing interest in the role of emerging countries in ICT innovation

New Directions in Supply-Chain Management

New Directions in Supply-Chain Management PDF Author: Tonya BOONE
Publisher: AMACOM
ISBN: 0814426379
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
Technology has introduced dramatic new efficiencies to supply chain design, management, and control--but only to those who can open their minds to these new methods and strategies. This book presents innovative articles from eighteen of today's top young Ph.D. scholars, each based on discussions at the 2000 Frank Batten Young Leaders Forum of the College of William and Mary. These ""rising stars"" from the country's most prestigious operations management programs each take a fresh perspective on current practices and future directions in supply chain management and overall business strategy. Provocative yet valuable questions are asked--and answers provided--on subjects including: * Development of effective performance metrics * Techniques to streamline the order management cycle * Methods to leverage product design and manufacture to reduce supply chain costs * Ways to share knowledge throughout an organization concerning forecasts, manufacturing and sourcing plans, and distribution.

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.

Leadership Strategies for Global Supply Chain Management in Emerging Markets

Leadership Strategies for Global Supply Chain Management in Emerging Markets PDF Author: Dwivedi, Ashish
Publisher: IGI Global
ISBN: 1799828697
Category : Business & Economics
Languages : en
Pages : 333

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Book Description
In recent decades, the rapid expansion of trade and investment among developing countries has resulted in a scenario wherein firms from developing countries account for an increasing share of capital, goods, and wealth in the global economy. Industry leaders from developing countries have observed that firms in developing countries need to identify and develop key supply chain capabilities in order to succeed in emerging markets. It is argued that customers in emerging markets are likely to have different needs and supply chain expectations as compared to customers in developed economies. Reaching into these emerging markets, understanding the customer diversity, and translating it into effective segmentation schemes are critical for the efficient design of supply chain operations. Leadership Strategies for Global Supply Chain Management in Emerging Markets is a pivotal reference source that provides vital research on creating efficient supply chain operations in emerging markets. While highlighting topics such as consumer behavior, global operations, and information transparency, this publication investigates the needs of consumers in emerging markets as well as the methods of designing effective operations. This book is ideally designed for supply chain managers, logistics managers, operations and warehousing professionals, industry practitioners, academicians, students, and researchers.

Operations Management For Dummies

Operations Management For Dummies PDF Author: Mary Ann Anderson
Publisher: John Wiley & Sons
ISBN: 1118551079
Category : Business & Economics
Languages : en
Pages : 53

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Book Description
Score your highest in Operations Management Operations management is an important skill for current and aspiring business leaders to develop and master. It deals with the design and management of products, processes, services, and supply chains. Operations management is a growing field and a required course for most undergraduate business majors and MBA candidates. Now, Operations Management For Dummies serves as an extremely resourceful aid for this difficult subject. Tracks to a typical course in operations management or operations strategy, and covers topics such as evaluating and measuring existing systems' performance and efficiency, materials management and product development, using tools like Six Sigma and Lean production, designing new, improved processes, and defining, planning, and controlling costs of projects. Clearly organizes and explains complex topics Serves as an supplement to your Operations Management textbooks Helps you score your highest in your Operations Management course Whether your aim is to earn an undergraduate degree in business or an MBA, Operations Management For Dummies is indispensable supplemental reading for your operations management course.

Cases on Supply Chain and Distribution Management: Issues and Principles

Cases on Supply Chain and Distribution Management: Issues and Principles PDF Author: Garg, Miti
Publisher: IGI Global
ISBN: 1466600667
Category : Business & Economics
Languages : en
Pages : 462

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Book Description
"This book introduces readers to a wide selection of case studies covering a multitude of supply chains in different economies of the world and examines major issues related to supply chain management"--Provided by publisher.

Handbook of Ripple Effects in the Supply Chain

Handbook of Ripple Effects in the Supply Chain PDF Author: Dmitry Ivanov
Publisher: Springer
ISBN: 3030143023
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
This book offers an introduction to the ripple effect in the supply chain for a broad audience comprising recent developments. The chapters of this handbook are written by leading experts in supply chain risk management and resilience. For the first time, the chapters present in their synergy a multiple-faceted view of the ripple effect in supply chains, while considering organization, optimization, and informatics perspectives. Ripple effect describes the impact of a disruption propagation on supply chain performance, structural designs and operational parameters. The ripple effect manifests when the impact of a disruption cannot be localized and cascades along the supply chain. The resulting structural dynamics can lead to capacity and demand fulfilment downscaling and negatively influence the firm’s financial and operational performance. The book delineates major features of the ripple effect and methodologies to mitigate the adverse impact of supply chain disruption propagation and to recover in case of severe disruptions. The book provides fresh insights for supply chain management and engineering regarding the following questions: - In what circumstance does one failure cause other failures? - Which structures of the supply chain are especially susceptible to the ripple effect? - What are the typical ripple effect scenarios and what are the most efficient ways to respond them? Distinctive Features: • It considers ripple effect in the supply chain from an multi-disciplinary perspective• It offers an introduction to ripple effect mitigation and recovery policies in the framework of disruption risk management in supply chains for a broad audience• It integrates management and engineering perspectives on disruption risk management in the supply chain• It presents innovative optimization and simulation models for real-life management problems• It considers examples from both industrial and service supply chains• It reveals decision-making recommendations for tackling disruption risks in the supply chain in proactive and reactive domains.