On Replenishment Rules, Forecasting, and the Bullwhip Effect in Supply Chains

In this review we focus on supply coordination and use the bullwhip effect as the key example of supply chain inefficiency. We emphasize the managerial relevance of the bullwhip effect and the methodological issues so that both managers and researchers can benefit.

[1]  Stephen Michael Disney,et al.  On the echelon-order-up-to policy: A stochastic optimal control approach , 2007 .

[2]  Stephen Michael Disney,et al.  Order and inventory variance amplification: The equivalence of discrete and continuous time analyses , 2007 .

[3]  Stephen M. Disney,et al.  The impact of information enrichment on the Bullwhip effect in supply chains: A control engineering perspective , 2004, Eur. J. Oper. Res..

[4]  L. D. Boer,et al.  Designing Ordering and Inventory Management Methodologies for Purchased Parts , 2002 .

[5]  O. J. M. Smith,et al.  A controller to overcome dead time , 1959 .

[6]  Gaston H. Gonnet,et al.  On the LambertW function , 1996, Adv. Comput. Math..

[7]  Marc Lambrecht,et al.  Altruistic Behavior in Supply Chain Management , 2007 .

[8]  J. Ryan,et al.  The cost impact of using simple forecasting techniques in a supply chain , 2003 .

[9]  Yossi Aviv,et al.  A Time-Series Framework for Supply-Chain Inventory Management , 2003, Oper. Res..

[10]  Stephen M. Disney,et al.  The governing dynamics of supply chains: The impact of altruistic behaviour , 2006, Autom..

[11]  A. Tustin A method of analysing the behaviour of linear systems in terms of time series , 1947 .

[12]  H. Simon,et al.  On the Application of Servomechanism Theory in the Study of Production Control , 1952 .

[13]  Terry P. Harrison,et al.  The Bullwhip Effect—Impact of Stochastic Lead Time, Information Quality, and Information Sharing: A Simulation Study , 2004 .

[14]  F. Robert Jacobs,et al.  PLAYING THE BEER DISTRIBUTION GAME OVER THE INTERNET , 2009 .

[15]  Rachel Croson,et al.  IMPACT OF POS DATA SHARING ON SUPPLY CHAIN MANAGEMENT: AN EXPERIMENTAL STUDY , 2003 .

[16]  Herbert J. Vassian Application of Discrete Variable Servo Theory to Inventory Control , 1955, Oper. Res..

[17]  Stephen C. Graves,et al.  A Single-Item Inventory Model for a Nonstationary Demand Process , 1999, Manuf. Serv. Oper. Manag..

[18]  José Antonio Domínguez Machuca,et al.  A computerized network version of the Beer Game via the Internet , 1997 .

[19]  M. Naim,et al.  Assessing the impact of e-business on supply chain dynamics , 2004 .

[20]  A. Tustin A method of analysing the effect of certain kinds of non-linearity in closed-cycle control systems , 1947 .

[21]  Yanfeng Ouyang,et al.  Characterization of the Bullwhip Effect in Linear, Time-Invariant Supply Chains: Some Formulae and Tests , 2006, Manag. Sci..

[22]  Peter McCullen,et al.  Dynamic supply chain design: square root law for Bullwhip , 2006 .

[23]  Frank Y. Chen,et al.  Quantifying the Bullwhip Effect in a Simple Supply Chain: The Impact of Forecasting, Lead Times, and Information.: The Impact of Forecasting, Lead Times, and Information. , 2000 .

[24]  Marc Lambrecht,et al.  Controlling bullwhip and inventory variability with the golden smoothing rule , 2007 .

[25]  J. Muth Optimal Properties of Exponentially Weighted Forecasts , 1960 .

[26]  J. Holmström,et al.  Supply chain collaboration: making sense of the strategy continuum , 2005 .

[27]  A. Galip Ulsoy,et al.  Analysis of a System of Linear Delay Differential Equations , 2003 .

[28]  Richard D. Metters,et al.  Quantifying the bullwhip effect in supply chains , 1997 .

[29]  Stephen Michael Disney,et al.  The myopic Order-Up-To policy with a proportional feedback controller , 2007 .

[30]  A. Tustin,et al.  The nature of the operator's response in manual control, and its implications for controller design , 1947 .

[31]  M. Sodhi,et al.  Quantifying the effect of batch size and order errors on the bullwhip effect using simulation , 2004 .

[32]  Vineet Padmanabhan,et al.  Comments on "Information Distortion in a Supply Chain: The Bullwhip Effect" , 2004, Manag. Sci..

[33]  Fangruo Chen,et al.  The Stationary Beer Game , 2009 .

[34]  David F. Pyke,et al.  Inventory management and production planning and scheduling , 1998 .

[35]  Gérard P. Cachon Supply Chain Coordination with Contracts , 2003, Supply Chain Management.

[36]  T. W. Hill,et al.  Laplace Transforms for the Economic Analysis of Deterministic Problems in Engineering , 1971 .

[37]  I︠a︡. Z. T︠S︡ypkin Sampling systems theory and its application , 1965 .

[38]  Stephen Michael Disney,et al.  Approaches to solving the inventory routing problem , 2005 .

[39]  Vineet Padmanabhan,et al.  Comments on "Information Distortion in a Supply Chain: The Bullwhip Effect" , 1997, Manag. Sci..

[40]  Robert L. Winkler,et al.  The accuracy of extrapolation (time series) methods: Results of a forecasting competition , 1982 .

[41]  Ching Chyi Lee,et al.  Who should control inventory in a supply chain? , 2005, Eur. J. Oper. Res..

[42]  Meir J. Rosenblatt,et al.  Teaching the Costs of Uncoordinated Supply Chains , 2003, Interfaces.

[43]  A. Tustin,et al.  The effects of backlash and of speed-dependent friction on the stability of closed-cycle control systems , 1947 .

[44]  Richard Marquez,et al.  An extension of predictive control, PID regulators and Smith predictors to some linear delay systems , 2002 .

[45]  D. Sterman,et al.  Misperceptions of Feedback in a Dynamic Decision Making Experiment , 1989 .

[46]  Ulrich W. Thonemann,et al.  Production , Manufacturing and Logistics Analyzing the effect of the inventory policy on order and inventory variability with linear control theory , 2006 .

[47]  John A. Quelch,et al.  Restoring Credibility to Retail Pricing , 1991 .

[48]  Stephen Michael Disney,et al.  State space investigation of the bullwhip problem with ARMA(1,1) demand processes , 2006 .

[49]  Stephen M. Disney,et al.  Measuring and avoiding the bullwhip effect: A control theoretic approach , 2003, Eur. J. Oper. Res..

[50]  Stephen Michael Disney,et al.  On bullwhip in a family of order-up-to policies with ARMA(2,2) demand and arbitrary lead-times , 2009 .

[51]  M. Christopher,et al.  Developing Market Specific Supply Chain Strategies , 2002 .

[52]  Marc Lambrecht,et al.  The Value of Coordination in a Two Echelon Supply Chain: Sharing Information, Policies and Parameters , 2007 .

[53]  P. Young,et al.  Time series analysis, forecasting and control , 1972, IEEE Transactions on Automatic Control.

[54]  Stephen M. Disney,et al.  Taming the bullwhip effect whilst watching customer service in a single supply chain echelon , 2006, Eur. J. Oper. Res..

[55]  R. W. Grubbström,et al.  The economic consequences of a production and inventory control policy , 2016 .

[56]  Andrew Thomas Potter,et al.  Bullwhip and batching: An exploration , 2006 .

[57]  W. Van de Velde,et al.  Variance amplification and the golden ratio in production and inventory control , 2004 .

[58]  Philip M. Kaminsky,et al.  Designing and managing the supply chain : concepts, strategies, and case studies , 2007 .

[59]  Xiaolong Zhang The impact of forecasting methods on the bullwhip effect , 2004 .

[60]  Joseph Geunes,et al.  Coordinating Supply Chains by Controlling Upstream Variability Propagation , 2004, Manuf. Serv. Oper. Manag..

[61]  Mohamed Mohamed Naim,et al.  Improving the effectiveness of supply chains , 1999 .

[62]  Layth C. Alwan,et al.  Stochastic characterization of upstream demand processes in a supply chain , 2003 .

[63]  E. I. Jury,et al.  Theory and application of the z-transform method , 1965 .

[64]  Paul H. Zipkin,et al.  Foundations of Inventory Management , 2000 .

[65]  T. Başar,et al.  A New Approach to Linear Filtering and Prediction Problems , 2001 .

[66]  Stephen Michael Disney,et al.  Explicit filters and supply chain design , 2003 .

[67]  Jwm Will Bertrand,et al.  Balancing production level variations and inventory variations in complex production systems , 1986 .

[68]  Terry P. Harrison,et al.  Quantifying the bullwhip effect in a supply chain with stochastic lead time , 2006, Eur. J. Oper. Res..

[69]  D. Towill,et al.  Analysis and design of focused demand chains , 2002 .

[70]  Robert W. Grubbström,et al.  On The Application of the Laplace Transform to Certain Economic Problems , 1967 .

[71]  Hau L. Lee,et al.  Information distortion in a supply chain: the bullwhip effect , 1997 .

[72]  D. H. Maister,et al.  Centralisation of Inventories and the “Square Root Law” , 1976 .

[73]  D. R. Towill,et al.  The economics of the bullwhip effect , 2006 .

[74]  Karen Donohue,et al.  Experimental Economics and Supply-Chain Management , 2002 .

[75]  Gérard P. Cachon,et al.  CAMPBELL SOUP'S CONTINUOUS REPLENISHMENT PROGRAM: EVALUATION AND ENHANCED INVENTORY DECISION RULES , 1997 .

[76]  Stephen M. Disney,et al.  Production, Manufacturing and Logistics An integrated production and inventory model to dampen upstream demand variability in the supply chain , 2006 .