Article

Vendor-managed inventory and bullwhip reduction in a two-level supply chain

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Compares the bullwhip properties of a vendor managed inventory (VMI) supply chain with those of a traditional “serially-linked” supply chain. The emphasis of this investigation is the comparative impact the two structures have on the “bullwhip effect” generated. Particular attention is paid to the manufacturer’s production ordering activities as demonstrated using a simulation model based on difference equations. Documents and considers each of the four important sources of the bullwhip effect in turn. The analysis shows that with VMI implementation two sources of the bullwhip effect may be completely eliminated, i.e. rationing and gaming or the Houlihan effect, and the order batching effect or the Burbidge effect. VMI is also significantly better at responding to rogue changes in demand due to the promotion effect or to price induced variations. However, the effect of VMI on demand signal processing induced bullwhip or the Forrester effect is less clear cut. Concludes that on balance VMI offers a significant opportunity to reduce the bullwhip effect in real-world supply chains

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Ketersediaan

Informasi Detail

Judul Seri

International Journal of Operations & Production Management

No. Panggil

ATC LO DIS v C.1

Penerbit

United Kingdom : Emerald Insight., 2003

Deskripsi Fisik

34 p.

Bahasa

English

ISBN/ISSN

0144-3577

Klasifikasi

LO

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

Vol. 23 No. 6, 2003 pp. 625-651

Subjek

Management
Supply Chain
Vendors
Inventory control,
Dynamics,

Info Detail Spesifik

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Pernyataan Tanggungjawab

S.M. Disney

Versi lain/terkait

Lampiran Berkas

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