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DKUM
EPF - Faculty of Business and Economics
FE - Faculty of Energy Technology
FERI - Faculty of Electrical Engineering and Computer Science
FF - Faculty of Arts
FGPA - Faculty of Civil Engineering, Transportation Engineering and Architecture
FKBV - Faculty of Agriculture and Life Sciences
FKKT - Faculty of Chemistry and Chemical Engineering
FL - Faculty of Logistic
FNM - Faculty of Natural Sciences and Mathematics
FOV - Faculty of Organizational Sciences in Kranj
FS - Faculty of Mechanical Engineering
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Faculty of Business and Economic, Maribor
Faculty of Agriculture and Life Sciences, Maribor
Faculty of Logistics, Celje, Krško
Faculty of Organizational Sciences, Kranj
Faculty of Criminal Justice and Security, Ljubljana
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Title:
Investigation of the bullwhip effect using spreadsheet simulation
Authors:
ID
Buchmeister, Borut
(
Author
)
Files:
http://dx.doi.org/10.2507/IJSIMM07(1)3.093
Language:
English
Work type:
Unknown
Typology:
1.01 - Original Scientific Article
Organization:
FS - Faculty of Mechanical Engineering
Abstract:
Superior supply chains are one of the best ways to compete in today's marketplaces. In Supply Chain Management, overall supply chain evaluation needs to include an important logistical effect known as the Bullwhip Effect. It shows how small changes at the demand end of a supply chain are progressively amplified up the supply chain. Production plans are based on demand forecasting and suppliers not only react an changed demand, they adapt the level of safety stock (variation of stocks and orders increases). In this paper two special situations in a four-stage supply chain are studied: i) stable demand with a single 5 % change in demand (with application of four different stock keeping policies), and ii) changing demand with alternating 5 % changes in demand (up and down, with another three stock keeping policies). The results of spreadsheet simulations are shown in tables and charts. Increasing variability of production orders and stock levels up the supply chain is evident. The Bullwhip Effect is measured by the standard deviation of orders. The comparison of the results shows that the Bullwhip Effect can be partially reduced by appropriate stock keeping policy.
Keywords:
supply chain
,
changing demand
,
bullwhip effect
,
ordering policy
Year of publishing:
2008
PID:
20.500.12556/DKUM-26149
UDC:
658.513.012
ISSN on article:
1726-4529
COBISS.SI-ID:
12138262
NUK URN:
URN:SI:UM:DK:TIMHQCWV
Publication date in DKUM:
31.05.2012
Views:
2280
Downloads:
171
Metadata:
Categories:
Misc.
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Record is a part of a journal
Title:
International journal of simulation modelling
Shortened title:
Int. j. simul. model.
Publisher:
DAAAM International Vienna
ISSN:
1726-4529
COBISS.SI-ID:
8008982
Secondary language
Language:
English
Keywords:
dobaviteljska veriga
,
spreminjajoče povpraševanje
,
učinek biča
,
strategija naročanja
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