Title: Bullwhip effect control strategy in supply chain networks with limited information sharing
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.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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