A Simulation Study on Bullwhip Effect in Supply Chain Based on Theory of Constraint

2015 ◽  
pp. 77-87
Author(s):  
Amir Hossein Azadnia ◽  
Mazaher Ghorbani ◽  
Seyed Mohammad Arabzad
Keyword(s):  
Supply Chain ◽  
Simulation Study ◽  
Bullwhip Effect ◽  
Theory Of Constraint

3PL-HUB Supply Chain Logistics Cost Simulation Study Based on System Dynamics

2013 ◽  
Vol 779-780 ◽  
pp. 1752-1757 ◽  
Author(s):  
Jun Zou ◽  
Liang Shan
Keyword(s):  
Supply Chain ◽  
System Dynamics ◽  
Simulation Study ◽  
System Analysis ◽  
Bullwhip Effect ◽  
Supply Chain System ◽  
Logistics Cost ◽  
Chain System ◽  
Supply Chain Logistics ◽  
Cost Simulation

System dynamics provides a more intuitive and effective tool for system analysis in area supply chain logistics. By using method of system dynamics, this paper builds up a 3PL-HUB three echelon supply chain system from the perspective of costs, compares supply chain logistics costs variation in two cases with and without 3PL-HUB involved in, simulates logistics costs of each node enterprise, and fully analyzes the influence of 3PL-HUB on bullwhip effect and fluctuation of inventory of supply chain members. It shows that 3PL-HUB can reduce costs and benefit all the enterprises of whole supply chain, which represents a method to enhance supply chain synergy.

A Review on the Application of Neural Networks for Decreasing Bullwhip Effect in Supply Chain

2015 ◽  
Vol 9 (5) ◽  
pp. 438
Author(s):  
Milad Yousefi ◽  
Moslem Yousefi ◽  
Ricardo Poley Martins Ferreira
Keyword(s):  
Neural Networks ◽  
Supply Chain ◽  
Bullwhip Effect

Classification of Operational and Financial Variables Affecting the Bullwhip Effect in Indian Sectors: A Machine Learning Approach

2019 ◽  
Vol 12 (3) ◽  
pp. 171-179 ◽  
Author(s):  
Sachin Gupta ◽  
Anurag Saxena
Keyword(s):  
Machine Learning ◽  
Data Mining ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Product Life Cycle ◽  
Consumer Preference ◽  
Bullwhip Effect ◽  
Machine Learning Techniques ◽  
Chain Management ◽  
Financial Variables

Background: The increased variability in production or procurement with respect to less increase of variability in demand or sales is considered as bullwhip effect. Bullwhip effect is considered as an encumbrance in optimization of supply chain as it causes inadequacy in the supply chain. Various operations and supply chain management consultants, managers and researchers are doing a rigorous study to find the causes behind the dynamic nature of the supply chain management and have listed shorter product life cycle, change in technology, change in consumer preference and era of globalization, to name a few. Most of the literature that explored bullwhip effect is found to be based on simulations and mathematical models. Exploring bullwhip effect using machine learning is the novel approach of the present study. Methods: Present study explores the operational and financial variables affecting the bullwhip effect on the basis of secondary data. Data mining and machine learning techniques are used to explore the variables affecting bullwhip effect in Indian sectors. Rapid Miner tool has been used for data mining and 10-fold cross validation has been performed. Weka Alternating Decision Tree (w-ADT) has been built for decision makers to mitigate bullwhip effect after the classification. Results: Out of the 19 selected variables affecting bullwhip effect 7 variables have been selected which have highest accuracy level with minimum deviation. Conclusion: Classification technique using machine learning provides an effective tool and techniques to explore bullwhip effect in supply chain management.

A Fuzzy agent-based model for reduction of bullwhip effect in supply chain systems

2008 ◽  
Vol 34 (3) ◽  
pp. 1680-1691 ◽  
Author(s):  
M.H. Fazel Zarandi ◽  
M. Pourakbar ◽  
I.B. Turksen
Keyword(s):  
Supply Chain ◽  
Bullwhip Effect ◽  
Agent Based Model ◽  
Agent Based

Buffet Effect Simulation Model on Demand Chain Management

2010 ◽  
Vol 44-47 ◽  
pp. 688-692
Author(s):  
Xiao Yan Wang ◽  
Jian Sun
Keyword(s):  
Supply Chain ◽  
Side Information ◽  
Bullwhip Effect ◽  
Chain Management ◽  
Demand Chain ◽  
Supply Chain Efficiency ◽  
Demand Fluctuations ◽  
Partner Collaboration ◽  
Transmission Ability ◽  
Demand Chain Management

Bullwhip effect means the magnification of demand fluctuations, which is evident in a supply chain when demand increases and decreases, while the concept of Demand Chain Management means to make the planning on the basis of the demand side information so as to solve the problem of inconsistent upstream and downstream information by means of partner collaboration in the supply chain. Demand chain emphasizes the customer demand as its core value so as to achieve the best balance between the supply chain efficiency and customer satisfaction. Compared with the supply chain, the demand chain advises the enterprise to strengthen the information transmission ability to promote the performance. Under the demand chain management, the extent of bullwhip effect are weakened, and the fluctuation range against demand chain management is lower than against traditional supply chain.

Vertical Contracts in a Supply Chain and the Bullwhip Effect

2020 ◽  
Author(s):  
Zhan Qu ◽  
Horst Raff
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Operations Management ◽  
Bullwhip Effect ◽  
Price Effect ◽  
Demand Shocks

This paper shows that decentralized supply chains, in which upstream firms use linear wholesale prices, may experience lower upstream production and downstream sales volatility than vertically integrated supply chains and may be less susceptible to the bullwhip effect by which the variance of upstream production exceeds the variance of downstream sales. The reason is that decentralized supply chains exhibit a price effect, whereby upstream producers raise wholesale prices in the case of positive demand shocks and lower wholesale prices in the case of negative demand shocks. Whereas upstream producers benefit from the price effect and, thus, from a dampening of the bullwhip effect, downstream firms may lose, and overall supply chain profit may decrease. This paper was accepted by Vishal Gaur, operations management.

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