• Title/Summary/Keyword: Bullwhip Effect

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A study on effects of the diffusion of information systems for SCM on bullwhip effects. (SCM을 위한 정보시스템의 확산이 채찍효과에 미치는 영향에 관한 연구)

  • Lim, Hee-Taek;Kang, Kyung-sik
    • Journal of the Korea Safety Management & Science
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    • v.19 no.1
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    • pp.169-179
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    • 2017
  • The size of the market for SCM information systems have globally and steadily increased. And there are businesses that obtained innovative business performance by introducing SCM information systems. However, many businesses have still undergone trial and error in the process to introduce and operate SCM. As external factors including suppliers, customers, etc. and internal factors of businesses have been analyzed to be failure factors of executing SCM information systems, the businesses that try to introduce SCM information systems need to understand possible failure factors and establish the solutions. Therefore, this study tries to verify the diffusion of SCM information systems and effects on bullwhip effects. The study is expected to suggest empirical data that people will refer to the establishment of next counterstrategies according to the lapse of the period that systems are introduced based on theoretical bases related to the diffusion of SCM information systems.

The Information Distortion, Overstock and Stock-out Caused by the Budgetary Process in the Logistic Support (군수지원체계에서 예산과정에 의해 발생하는 정보왜곡과 초과재고 및 재고부족 분석)

  • Lim, Junoh;Park, Chong Goo
    • Journal of the Korea Society for Simulation
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    • v.25 no.4
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    • pp.65-75
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    • 2016
  • Unused spare parts of military equipments which have been kept in the warehouse for a long term have been recognized as wasting of defense budget which also decreased people's confidence in the field of national defence. It is known that overstock is caused by information distortion and bullwhip effect from downstream to upstream in the logistic support as is like business cases. After upgrading the logistic information system, it is possible for Army Logistics Command(ALC) to know demand information of end-user which is the key factor to reduce bullwhip effect. However, inventory is still overstocked and stock-out at the same time. Previous studies have not accounted for these phenomenons and have mainly focused on forecasting inventory level instead of budgetary process(budget period, PROLT, ASL/N-ASL). Thus, this study focuses on the information distortion, overstock and stock-out which caused by budgetary process in the logistic support with system dynamics and simulation.

A Study on the Collaborative Inventory Management of Big Data Supply Chain : Case of China's Beer Industry

  • Chen, Jinhui;Jin, Chan-Yong
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.3
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    • pp.77-88
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    • 2021
  • The development history of China's big data is relatively short, and it has only been ten years so far. Although the application level of big data in real life is not high, some achievements have been made in the supply chain. Various kinds of data will be generated in the actual operation of the supply chain. If these data can be effectively classified and used, the "bullwhip effect" of the operation of the supply chain can be also effectively improved. Thus this paper proposes the development of a supply chain collaborative inventory management model and application framework using big data. In this study, we analyzed the supply chain of beer industry, which is the most prominent consumption industry with "bullwhip effect", and further established a big data collaborative inventory management model for the supply chain of beer industry based on system dynamics. We used the Vensim software for simulation and sensitivity test and after appling our model, we found that the inventory fluctuations of the participants in the beer industry supply chain became significantly smaller, which verified the effectiveness of the model. Our study can be also applied to the possible problems of the large data supply chain collaborative inventory management model, and gives certain countermeasures and suggestions.

Analysis of the performance of supply chain partnership based on information sharing and lead-time distribution (정보공유와 리드타임 분포를 바탕으로 한 파트너쉽이 공급사슬 성능에 미치는 영향에 관한 연구)

  • 박국흠;김기범;정봉주
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.342-345
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    • 2003
  • Due to the rapid development of manufacturing and information technology, traditional supply chain scheme has been changed dramatically Most companies have been forced to relocate or redesign their logistics network in different countries. A supply chain partnership is a relationship formed between two independent members in supply chain through information sharing to achieve specific objectives and benefits in terms of reductions in total costs and inventories. This study illustrates the benefits of supply chain partnerships based on information sharing and lead-time patterns. We consider three level of information sharing: (1) immediate order information; (2) demand information; (3) inventory information. Given a fixed total lead-time, how lead-time distribution will affect the bullwhip effect and inventory cost under information sharing strategies. The results can help improving supply chain performance and selecting suitable direction for the re-configuration of supply chain network.

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A Study on Demand Information Distortion in Airline Industry Supply Chain (항공산업 공급체인의 수요정보 왜곡현상에 관한 연구)

  • 백승기;유성찬;박명섭
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.239-242
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    • 2003
  • The supply chain of the airline industry includes multiple airline companies, travel agencies and customers. Various air fares are offered by travel agencies. The travel agencies grant deposit to the airline company in advance and preoccupy seats with deep discount, which called group-discount-ticket. The group-discount-ticket offers the lowest air fare but it does not base on real demand. So the information flow generated by group-discount-ticket can cause the information distortion in airline supply chain. This study analyzes the bullwhip effect in the airline industry. A mathematical model is formulated and managerial suggestions is provided.

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Gambler's Fallacy Bias on the Supply Chain (도박사 오류 바이어스가 공급사슬에 미치는 영향에 관한 연구)

  • Moon, Seong-Am;Park, Young-Il;Seok, Sun-Bok
    • Korean System Dynamics Review
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    • v.12 no.4
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    • pp.157-175
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    • 2011
  • The purpose of this paper is to find out the effects of the gambler's fallacy bias on the supply chain. For this study, the simulation was based on a casual structure of the Beer Distribution Game from Sterman(2000)'s Business Dynamics and designed into 2 different models : the first model carries the exact same structure as the reference mentioned above and for the second model, the comparison model is used reflecting gambler's fallacy bias. Each model has 2 different demand patterns. The 4 cases of models was tested with 1,000 different random number seeds. The results for the simulation are following : In the aspect of the inventory and out of stock, the basic model resulted better than the comparison. However, in the bullwhip effect, the comparison model has less than the basic in terms of the level demand pattern. But there was no significant difference in the cycle demand.

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Closed-Loop Supply Chain Design of Power Battery using Blockchain

  • Chen, Jinhui;Jin, Chanyong
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2022.05a
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    • pp.680-682
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    • 2022
  • The closed-loop supply chain's central enterprises aim to maximize the revenue and reduce the reclaiming channel level to the greatest extent by using blockchain and modern management methods. The traditional recycling network has more links, and there is less communication between enterprises in each link. There is a particular "bullwhip effect" in the channel link, making it difficult for power battery manufacturers to respond to the dynamic market quickly. It is often challenging to obtain scaled waste power batteries, which aggravates how power battery raw materials are expensive and difficult to recycle. Therefore, the closed-loop supply chain design of power batteries adopting blockchain shall minimize channel links and reduce transaction levels to reduce costs.

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Design of Mobile Agent System for Efficient Multiple Reply among the Members in Integrated Manufacture/Logistics Network (통합된 제조/물류 망에서 구성원간 효율적 다중 응답을 위한 이동 에이전트 시스템 설계)

  • Kim, Kwang-Jong;Ko, Hyun;Lee, Yon-Sik
    • 한국HCI학회:학술대회논문집
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    • 2006.02a
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    • pp.1298-1304
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    • 2006
  • 공급체인관리(Supply Chain Management)는 단순히 물질의 흐름관리뿐만 아니라 제품의 생산, 공급, 유통 등 다양하고 복잡한 활동들의 물질 및 정보 흐름의 통합이라고 할 수 있다. 그러므로 각 구성원간의 긴밀한 협력과 공동작업을 위해서는 원활한 정보 수집 및 응답이 요구된다. 하지만 기존 시스템은 비이동성 에이전트 개념으로 네트워크의 오버헤드나 혹은 접속 단절 상황에서 작업 수행이 불가능하여 구성원간의 정보 수집과 응답이 실제 업무 처리에 지연이 발생되므로 생산에서 판매까지의 리드타임이 길어지게 되고 채찍효과(Bullwhip Effect)가 더욱 크게 나타난다. 따라서 본 논문에서는 구성원간 협력과 공동작업을 위해 효율적으로 처리되어야 할 정보 수집 및 응답을 대상으로 하는 효율적 다중 응답을 위한 이동 에이전트 시스템을 설계한다. 제안시스템은 기존 시스템의 문제 해결을 위해 이동 에이전트와 객체 복제 메커니즘을 제시하며, 또한 각 구성원 시스템의 투명성을 위해 네이밍 서비스의 구성 방법과 등록된 구성원 시스템 객체의 객체 참조자 정보에 따라 복제된 이동 에이전트가 각 구성원 시스템으로 이주하는 이주 방식과 이주 후, 개별적인 작업 수행 결과를 해당 각 구성원 시스템에 제공하는 다중 응답 시나리오를 제시한다.

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인공신경망을 이용한 공급 사슬 상에서의 재고관리

  • 정성원;서용원;박찬권;박진우
    • Proceedings of the Korea Society for Simulation Conference
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    • 2002.11a
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    • pp.101-105
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    • 2002
  • In a traditional hierarchical inventory system, direct orders are the only information for inventory management that is exchanged between the firms involved. But due to the rapid development of modern information technology, it becomes possible for the firms to share more information in real time, e.g. demand and inventory status data. And so the term Supply Chain has emerged because it is seen as an important source of competitive advantage. Now it is possible to challenge traditional approaches to inventory management. In the past, one of the de-facto assumptions for inventory management was that the demand pattern follows a specific distribution function. However, it is undesirable to apply this assumption in real situations because the demand information in the supply chain tends to be distorted due to the bullwhip effect in a supply chain. To overcome this weakness, we propose a new solution method using NN (Neural Network). Our method proceeds in three steps. First, we find the patterns of optimal reorder points by analyzing past data. Second. train the NN using these pattern data and finally decide the reorder point. Using simulation experiment, we show that the proposed solution method gives better result than that of traditional research.

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The Inventory Managemant of the Supply Chain in China's Beer Industry (중국 맥주 산업의 공급망 재고관리에 관한 연구)

  • Chen, Jinhui;Nam, Soo-tae;Jin, Chan-yong
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2021.05a
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    • pp.155-156
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    • 2021
  • The development history of China's big data is relatively short, and it has only been ten years so far. Although the application level of big data in real life is not high, some achievements have been made in the supply chain. Various kinds of data will be generated in the actual operation of the supply chain. If these data can be effectively classified and used, the "bullwhip effect" of the operation of the supply chain can be also effectively improved. Thus this paper proposes the development of a supply chain collaborative inventory management model and application framework using big data.

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