Foundations and Trends® in Technology, Information and Operations Management > Vol 2 > Issue 1

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

By Stephen M. Disney, Logistics Systems Dynamics Group, Cardiff Business School, Cardiff University, UK, DisneySM@cardiff.ac.uk | Marc R. Lambrecht, Research Center for Operations Management, Katholieke Universiteit Leuven, Belgium, marc.lambrecht@econ.kuleuven.be

 
Suggested Citation
Stephen M. Disney and Marc R. Lambrecht (2008), "On Replenishment Rules, Forecasting, and the Bullwhip Effect in Supply Chains", Foundations and TrendsĀ® in Technology, Information and Operations Management: Vol. 2: No. 1, pp 1-80. http://dx.doi.org/10.1561/0200000010

Publication Date: 28 Apr 2008
© 2008 S. M. Disney and M. R. Lambrecht
 
Subjects
Supply Chain Management
 

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In this article:
1 Modern Supply Chains 
2 The Bullwhip Effect: The Dynamics of Supply Chains 
3 Methodological Approaches to Studying the Bullwhip Problem 
4 Replenishment Rules, Forecasting, and the Demand Process 
5 Transferring the Inventory Decisions to the Upstream Levels: Vendor Managed Inventory as a Variance Reduction Tool 
Coordination of Replenishment Rules in a Multi-Echelon Setting 
7 New Directions in Bullwhip Research 
References 

Abstract

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.

DOI:10.1561/0200000010
ISBN: 978-1-60198-132-5
88 pp. $70.00
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ISBN: 978-1-60198-133-2
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Table of contents:
1. Modern Supply Chains
2. The Bullwhip Effect: The Dynamics of Supply Chains
3. Methodological approaches to studying the bullwhip problem
4. Replenishment rules, forecasting and the demand process
5. Transferring the inventory decisions to the upstream levels: Vendor Managed Inventory as a variance reduction tool
6. Coordination of replenishment rules in a multi-echelon setting
7. New directions in bullwhip research
8. References

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

On Replenishment Rules, Forecasting and the Bullwhip Effect in Supply Chains focuses on supply chain co-ordination. The bullwhip effect is used as the key example of supply chain inefficiency. The authors focus both on the managerial relevance of the bullwhip effect and the methodological issues making it essential reading for both managers and researchers.

 
TOM-010