2012Kongzhi yu jueceRequires access

Bullwhip effect control strategy in supply chain networks with limited information sharing

Sifeng Liu

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Abstract

The bullwhip effect problem in supply chain networks with limited information sharing is studied.Based on the dynamic mechanism of inventories in supply chain networks,a supply chain inventory network system state transition model is presented,which includes uncertainties of demands,information availability and fluency.Then a dynamic inventory control strategy is proposed and transformed into the optimization problem of linear matrix inequalities.Furthermore,the value of information sharing in reducing the bullwhip effect is studied.Simulation results show the effectiveness and feasibility of the proposed method in reducing bullwhip effect and in improving supply chain performance.

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What this paper is about

The bullwhip effect problem in supply chain networks with limited information sharing is studied.Based on the dynamic mechanism of inventories in supply chain networks,a supply chain inventory network system state transition model is presented,which includes uncertainties of demands,information availability and fluency.Then a dynamic inventory control strategy is proposed and transformed into the optimization problem of linear matrix inequalities.Furthermore,the value of information sharing in reducing the bullwhip effect is studied.Simulation results show the effectiveness and feasibility of the proposed method in reducing bullwhip effect and in improving supply chain performance.

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Available abstract

The bullwhip effect problem in supply chain networks with limited information sharing is studied.Based on the dynamic mechanism of inventories in supply chain networks,a supply chain inventory network system state transition model is presented,which includes uncertainties of demands,information availability and fluency.Then a dynamic inventory control strategy is proposed and transformed into the optimization problem of linear matrix inequalities.Furthermore,the value of information sharing in reducing the bullwhip effect is studied.Simulation results show the effectiveness and feasibility of the proposed method in reducing bullwhip effect and in improving supply chain performance.

Key concepts: Bullwhip effect, Supply chain, Information sharing, Computer science, Control (management), Inventory control, Supply chain management, Mathematical optimization

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