Bullwhip Effect Consequences according to Different Supply Chain Management Strategies: Modelling and Simulation

Authors

  • Francisco Campuzano Bolarín Departamento de Economía de la Empresa Universidad Politécnica de Cartagena
  • Francisco Cruz Lario Esteban Departamento de Organización de Empresas Universidad Politécnica de Valencia
  • Lorenzo Ros McDonnell Departamento de Economía de la Empresa Universidad Politécnica de Cartagena

DOI:

https://doi.org/10.46661/revmetodoscuanteconempresa.2107

Keywords:

Efecto Bullwhip, dinámica de sistemas, diagrama de Forrester, Bullwhip effect, systems dynamics, Forrester diagram

Abstract

The Bullwhip effect is one of the main causes of instability in the management demand process along the Supply Chain. We introduce a model which is able to reproduce different Supply Chain Management Scenarios within a determinate Supply Chain with whichever the levels of this one.

The model has been built using Systems Dynamics Methodology and incorporates the main variables which are required for simulating the Management Demand Process (Inventory levels, Replenishment orders, manufacturing process, forecasting etc.).

This paper demonstrates the utility of the proposed model comparing the results offered by two different scenarios namely Traditional supply chain and Reduced supply chain.

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References

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Published

2016-11-04

How to Cite

Campuzano Bolarín, F., Lario Esteban, F. C., & Ros McDonnell, L. (2016). Bullwhip Effect Consequences according to Different Supply Chain Management Strategies: Modelling and Simulation. Journal of Quantitative Methods for Economics and Business Administration, 5, Páginas 49 a 66. https://doi.org/10.46661/revmetodoscuanteconempresa.2107

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