Statistical process control approach to reduce the bullwhip effect
Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2007.
| Main Authors: | , |
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2008
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| Online Access: | http://hdl.handle.net/1721.1/40105 |
| _version_ | 1826204201960603648 |
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| author | Iyer, Harikumar Prasad, Saurabh |
| author2 | Chris Caplice. |
| author_facet | Chris Caplice. Iyer, Harikumar Prasad, Saurabh |
| author_sort | Iyer, Harikumar |
| collection | MIT |
| description | Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2007. |
| first_indexed | 2024-09-23T12:50:30Z |
| format | Thesis |
| id | mit-1721.1/40105 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T12:50:30Z |
| publishDate | 2008 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/401052019-04-11T09:39:07Z Statistical process control approach to reduce the bullwhip effect Iyer, Harikumar Prasad, Saurabh Chris Caplice. Massachusetts Institute of Technology. Engineering Systems Division. Massachusetts Institute of Technology. Engineering Systems Division. Engineering Systems Division. Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2007. Includes bibliographical references (leaves 66-68). The bullwhip effect is a pervasive problem in multi echelon supply chains that results in inefficient production operations and higher inventory levels. The causes of the bullwhip effect are well understood in industry and academia. Quantitative and qualitative solutions to attenuate this effect have been proposed in various research studies. In this research a quantitative solution in the form of a Statistical Process Control (SPC) based inventory management system is proposed that reduces the bullwhip effect while reducing inventory without compromising service level requirements for a variety of products. The strength of this methodology is in its effectiveness in reducing bullwhip for fast moving products in the mature phase of their lifecycles where improving production efficiency and lowering inventory investment are critical. However, fill rate issues are observed for slow moving products and therefore, the methodology is not recommended for such products. Finally, the application of this methodology to reduce the bullwhip effect is illustrated for a product family of a medical devices company. The results for the different classes of products in this family are discussed. by Harikumar Iyer [and] Saurabh Prasad. M.Eng.in Logistics 2008-02-04T20:46:43Z 2008-02-04T20:46:43Z 2007 2007 Thesis http://hdl.handle.net/1721.1/40105 184984821 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 69 leaves application/pdf Massachusetts Institute of Technology |
| spellingShingle | Engineering Systems Division. Iyer, Harikumar Prasad, Saurabh Statistical process control approach to reduce the bullwhip effect |
| title | Statistical process control approach to reduce the bullwhip effect |
| title_full | Statistical process control approach to reduce the bullwhip effect |
| title_fullStr | Statistical process control approach to reduce the bullwhip effect |
| title_full_unstemmed | Statistical process control approach to reduce the bullwhip effect |
| title_short | Statistical process control approach to reduce the bullwhip effect |
| title_sort | statistical process control approach to reduce the bullwhip effect |
| topic | Engineering Systems Division. |
| url | http://hdl.handle.net/1721.1/40105 |
| work_keys_str_mv | AT iyerharikumar statisticalprocesscontrolapproachtoreducethebullwhipeffect AT prasadsaurabh statisticalprocesscontrolapproachtoreducethebullwhipeffect |