[운영관리] 논문요약-The Bullwhip Effect in Supply Chains

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[운영관리] 논문요약-The Bullwhip Effect in Supply Chains에 대한 자료입니다.
목차
1. Introduction
What is Bullwhip effect? Where did it come from? How are we going to approach to it?

2. Causes
What are the causes of Bullwhip effect?

3. Counteracts
How can we solve the causes above? What are the other solutions?

4. Conclusion

5. Q & A
본문내용
Order variability can be attributed to these two factors





The article covers…
And We will cover

step 1

Demand>Supply -> shortage happens
Retailers expect shortage and rationing


Retailers’ anticipation; When shortage happens….
Manufacturers rations their products to customers.

step 2

They worry that they couldn’t meet demand with the amount supplied.
Retailers exaggerate order. (“game” the potential shortage)

step 3

Manufacturers invest on resupply of the products.
When demand cools, they cancel the orders.

Retailers’ orders do not give info on the real market demand.
Loss on unnecessary capacity increase and inventory increase

Managerial fails and mistakes- difficulty in production schedule, capacity investment plan, inventory holding plan
Increase in holding cost- increase in opportunity cost, warehouse cost, inefficiency in logistics
Poor customer service
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