Minimum Reasonable Inventory and the Bullwhip Effect in an Automotive Enterprise; A "Foresight Vehicle" Demonstrator Logistics Systems Dynamics Group, Cardiff Business School

Format:

Conference/Event

Author/Creator:

Naim, M. M., author.

Conference Name:

SAE 2002 World Congress & Exhibition (2002-03-04 : Detroit, Michigan, United States)

Language:

English

Physical Description:

1 online resource

Place of Publication:

Warrendale, PA SAE International 2002

Summary:

Demand amplification, or the bullwhip effect, has been identified as contributing to increased uncertainty in the supply chain and hence poor performance in terms of increased costs, protracted lead-times and poor customer service levels. This paper shows the application of a simulation based improvement activity focussing on the ordering decisions within a supply chain. An example of a preliminary business diagnostic and subsequent redesign in a four-tier automotive supply chain is presented including value-volume analysis, variability-volume analysis, part clustering and service level - stocking profiles. Specific improvements of up to 5 to 1 in stock holding are realized for continued customer service levels

Notes:

Vendor supplied data

Publisher Number:

2002-01-0461

Access Restriction:

Restricted for use by site license