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- W641279889 abstract "The bullwhip effect is a well-known phenomenon in supply chains. It refers to the effect that demand variability amplifies as one moves upstream in the supply chain towards the manufacturer. This symptom has been observed across most industries and resulting in increased cost. In this paper, the authors propose an integrated analytical model to quantify the beneficial impact of information sharing and risk pooling on the bullwhip effect. The authors study focuses on a model consisting of a manufacturer, a wholesaler and two retailers, in which the lead time is not negligible. Following the order-up-to policy, the simple moving average technique is implemented for demand forecasting. The suggested approach reduces the amplification of demand variability across the three-stage supply chain significantly. Numerical analysis demonstrates that the authors method dominates the existing approaches which utilize either information sharing or risk pooling separately in terms of controlling the bullwhip effect. Moreover, the authors further apply our approach in Shanghai and Hong Kong container shipping market. Considering the container shipping company as the manufacturer, the freight forwarding agent as the wholesaler and the shippers as retailers, the authors investigate the bullwhip effect in such a system and indicate that the authors approach can improve the supply chain's performance dramatically." @default.
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- W641279889 date "2014-08-01" @default.
- W641279889 modified "2023-09-27" @default.
- W641279889 title "The Impact of Information Sharing and Risk Pooling on Bullwhip Effect Avoiding in Container Shipping Markets" @default.
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