Minimum reasonable inventory and the bullwhip effect in an automotive enterprise; a 'Foresight Vehicle' demonstrator

Naim, Mohamed Mohamed, Disney, Stephen Michael and Towill, Denis Royston 2002. Minimum reasonable inventory and the bullwhip effect in an automotive enterprise; a 'Foresight Vehicle' demonstrator. Presented at: SAE 2002 World Congress & Exhibition, Detroit, MI, USA, 4 March 2002. 10.4271/2002-01-0461

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Abstract

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.

Item Type:	Conference or Workshop Item (Paper)
Date Type:	Completion
Status:	Unpublished
Schools:	Business (Including Economics) Centre for Advanced Manufacturing Systems At Cardiff (CAMSAC)
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HE Transportation and Communications
Related URLs:	Organisation
Date of First Compliant Deposit:	19 April 2016
Last Modified:	03 Mar 2020 02:34
URI:	https://orca.cardiff.ac.uk/id/eprint/52509

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