Prediction and prevention of the bullwhip effect in replenishment supply chains
Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, in conjunction with the Leaders for Global Operations Program at MIT, 2018.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2018
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| Online Access: | http://hdl.handle.net/1721.1/117942 |
| _version_ | 1826203615684984832 |
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| author | Tambat, Abhishek Ramesh |
| author2 | Yanchong (Karen) Zheng and Patrick Jaillet. |
| author_facet | Yanchong (Karen) Zheng and Patrick Jaillet. Tambat, Abhishek Ramesh |
| author_sort | Tambat, Abhishek Ramesh |
| collection | MIT |
| description | Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, in conjunction with the Leaders for Global Operations Program at MIT, 2018. |
| first_indexed | 2024-09-23T12:40:05Z |
| format | Thesis |
| id | mit-1721.1/117942 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T12:40:05Z |
| publishDate | 2018 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/1179422022-01-27T21:53:55Z Prediction and prevention of the bullwhip effect in replenishment supply chains Tambat, Abhishek Ramesh Yanchong (Karen) Zheng and Patrick Jaillet. Leaders for Global Operations Program. Leaders for Global Operations Program at MIT Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science Sloan School of Management Sloan School of Management. Electrical Engineering and Computer Science. Leaders for Global Operations Program. Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, in conjunction with the Leaders for Global Operations Program at MIT, 2018. Thesis: S.M., Massachusetts Institute of Technology, Department of Electrical Engineering and Computer Science, in conjunction with the Leaders for Global Operations Program at MIT, 2018. Cataloged from PDF version of thesis. Includes bibliographical references (pages 65-66). Nikes replenishment supply chain stages finished goods and materials at distribution centers and factories to provide short replenishment lead times to customers. Make-to-stock supply chains are particularly susceptible to the risks of the bullwhip effect, where demand information is distorted as it is transmitted up the chain from customers to suppliers. The information distortion leads to a sub-optimal capacity planning and inventory allocation that leads to stock-outs or excess inventory. While the literature on bullwhip analysis is rich, most of the prior work is developed based on simplistic assumption of a single stage supply chain model with only one product. These simplistic models fail to address challenges and identify relevant parameters in a complex supply chain with thousands of SKUs. Further the simplistic analysis fails to change the underlying behavior that causes bullwhip in the first place. In this work, we address all above challenges in three steps. First, we understand the inventory ordering model and the process map to identify the relevant indicators. Second, through pattern recognition, the inventory ordering patterns are clustered in three groups. We develop a hierarchical decision tree model that isolates the statistically significant features for the bullwhip effect. Finally, we team up with the stakeholders to guide their behavior towards mitigating the bullwhip effect. by Abhishek Ramesh Tambat. M.B.A. S.M. 2018-09-17T15:50:56Z 2018-09-17T15:50:56Z 2018 2018 Thesis http://hdl.handle.net/1721.1/117942 1051237041 eng MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission. http://dspace.mit.edu/handle/1721.1/7582 66 pages application/pdf Massachusetts Institute of Technology |
| spellingShingle | Sloan School of Management. Electrical Engineering and Computer Science. Leaders for Global Operations Program. Tambat, Abhishek Ramesh Prediction and prevention of the bullwhip effect in replenishment supply chains |
| title | Prediction and prevention of the bullwhip effect in replenishment supply chains |
| title_full | Prediction and prevention of the bullwhip effect in replenishment supply chains |
| title_fullStr | Prediction and prevention of the bullwhip effect in replenishment supply chains |
| title_full_unstemmed | Prediction and prevention of the bullwhip effect in replenishment supply chains |
| title_short | Prediction and prevention of the bullwhip effect in replenishment supply chains |
| title_sort | prediction and prevention of the bullwhip effect in replenishment supply chains |
| topic | Sloan School of Management. Electrical Engineering and Computer Science. Leaders for Global Operations Program. |
| url | http://hdl.handle.net/1721.1/117942 |
| work_keys_str_mv | AT tambatabhishekramesh predictionandpreventionofthebullwhipeffectinreplenishmentsupplychains |