Research manuscript: the bullwhip effect in rule-based supply chain planning systems–A case-based simulation at a hard goods retailer
Nguyen, Duy Tan ORCID: 0000-0002-3581-0463 , Adulyasak, Yossiri and Landry, Sylvain (2019) Research manuscript: the bullwhip effect in rule-based supply chain planning systems–A case-based simulation at a hard goods retailer. Omega: The International Journal of Management Science, 98:102121. ISSN 0305-0483 (Print), 1873-5274 (Online) (doi:https://doi.org/10.1016/j.omega.2019.102121)
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Abstract
The vision of a well-integrated supply chain (SC) was developed as early as 1958 by Forrester, who addressed what would eventually be called the Bullwhip Effect (BWE). The Flowcasting concept, originally called Retail Resource Planning, was proposed to connect all SC upper tiers to the storefront through fulfillment logic based on the Distribution Resource Planning (DRP) system. This method can therefore be understood as fully or SC-wide integrated DRP with a focus on the role of retailers instead of that of vendors or distributors. We studied a Canadian retailer that implemented Flowcasting in order to gain insight into the benefits and operational logic of this system. Based on the data obtained from the company, we simulate Flowcasting operations across a 3-tier SC compared to the Reorder Point (ROP) system, which was previously used at the firm, as well as a combination of ROP and DRP (ROP/DRP or partially integrated DRP), which are some of the most common implementations in use. The simulation is configu
Item Type: | Article |
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Uncontrolled Keywords: | flowcasting; distribution; logistics; bullwhip effect; simulation; factor analysis Regression analysis |
Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory H Social Sciences > HF Commerce |
Faculty / School / Research Centre / Research Group: | Greenwich Business School Greenwich Business School > School of Business, Operations and Strategy |
Last Modified: | 26 Sep 2024 10:07 |
URI: | http://gala.gre.ac.uk/id/eprint/48187 |
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