Supply Chain Risk Visualization and Quantification
Statistical Process Control Approach to Reduce the Bullwhip
Effect.......................................................16 This project investigates a better way of reducing the bullwhip effect within a manufacturing environment. The authors apply Statistical Process Control (SPC) methodology to the inventory management of a large medical equipment manufacturer. They find that for Class A and B items, the SPC approach can significantly reduce the bullwhip effect as well as smooth production.
Multi-Echelon Inventory Optimization for Fresh Produce by Saran Limvorasak and
Zhiheng Xu For fresh produce, product freshness is very critical in satisfying customers and reducing obsolescent cost. While network nodes in a supply chain add more touch of inventories, they also reduce safety stock through a risk pooling effect. Our project studied relevant factors and created a predictive model to quantify the impact of adding a fulfillment center to the supply chain. We found that products with high demand volatility would stay in the supply chain a shorter time, with a fulfillment center, resulting in better freshness.
Optimizing the Distribution of Perishable Products to Small Format
Stores ......................................................... 14 The network of small format stores is characterized by geographic dispersal, low sales velocity, a strong bullwhip effect, and distributor premiums not proportionate to the costs. To address the problems in small format distribution, we recommend collaboration and information sharing across the supply chain, and consolidation of all low-volume shipments through a central redistributor.
Modeling Customer Demand for Consumer Packaged Goods in
Asia ...................................................................... 3 This project evaluates the potential of using macroeconomic indicators to forecast consumer packaged goods demand for three emerging markets in Asia. Twenty-seven models were constructed using stepwise multiple linear regression analysis for the three countries and their product segments. Based on our findings, we determined which combination of macroeconomic indicators and time lags produced the models with the highest explanatory power for shipments, market share by volume, and retail sales. Our results indicated that the consumer price index has the most influence on consumption for each country. In addition, a preliminary testing of our models on a limited data set indicated forecasting errors of less than 7.25%.
Incorporating Supply Chain Risk into a
Production Planning Process
Investigacion sobre habitos de los usuarios de internet peruanos, para incrementar