underlying reasons that had impact on the buildup of backorders. In addition to this‚ a prevalent issue throughout the first 18 weeks was panic ordering reactions after unmet demand‚ which consequently contributed to the high inventory cost‚ ergo the bullwhip effect. First of all‚ during coordination‚ the retailer can communicate the current demand to the different individual participants of the supply chain. Therefore consideration of lead time can be incorporated in the decision making process and
Premium Decision making Risk Decision theory
1. KLF Electronics is an American manufacturer of electronic equipment. The company has a single manufacturing facility in San Jose California. (20 points) KLF Electronics distributes its products through five regional warehouses located in Atlanta‚ Boston‚ Chicago‚ Dallas‚ and Los Angeles. In the current distribution system‚ the United States is partitioned into five major markets‚ each of which is served by a single regional warehouse. Customers‚ typically retail outlets‚ receive items directly
Premium Supply chain management Supply chain management terms Inventory
Mitra Email: fb10001@astra.xlri.ac.in Mobile: (0)8594823288 Session 12: Information Asymmetry in a Supply Chain: Bullwhip Effect Pre-Reading for the class: "Information distortion in a supply chain: the bullwhip effect." By Lee‚ Hau L.‚ Venkata Padmanabhan‚ and Seungjin Whang. Management science 50.12_supplement (2004): 1875-1886 (Can be downloaded from scholar.google.com). "Bullwhip effect in supply chains." By Scukanec‚ Andelko‚ Kristijan Rogic‚ and Darko Babic. Promet TrafficTraffico 19.5 (2007)
Premium Logistics Supply chain management Management
1- What are the benefits of communication: (20 points) • between levels (/retailer/OEM/warehouse/factory)? Students‚ playing the Beer Game for the first time‚ are typically enthusiastic about feeling the effects of insufficient coordination so drastically. • within levels (logistics/planner) in the supply chain? Different players who all know the demand distribution‚ manage the different stages of the channel. The interface was designed to help us visualize the material and information
Premium Communication Supply chain Customer
Posting ID: 227180 Back to Library Cart Problem go to solution Business‚ Other - Other KLF Electronics KLF 1. KLF Electronics is an American manufacturer of electronic equipment. The company has a single manufacturing facility in San Jose California. (20 points) KLF Electronics distributes its products through five regional warehouses located in Atlanta‚ Boston‚ Chicago‚ Dallas‚ and Los Angeles. In the current distribution system‚ the United States is partitioned into five major markets
Premium Supply chain management Logistics
revolve around efficient integration between suppliers‚ manufacturers‚ warehouses‚ and stores. The challenge is on how to coordinate all the activities‚ in order to: * Improve performance * Reduce cost * Increase service level * Reduce Bullwhip effect * Better utilise resources * Respond effectively to changes in market places Not merely coordinating production‚ transportation and inventory‚ but also integrate front end to back end of SC. Various SC integration strategies:
Premium Supply chain management Supply and demand
production process 4 2. Solutions 5 2.1 Promotions and quantity discounts 5 2.2 Lack of sophistication at the retailer and distributor level 5 2.3 Large number of SKU’s 5 2.4 Production process 5 3. Proposed Strategy for decreasing bullwhip effect 6 3.1 Step 1 - Involve top management to realize changes within the company 6 3.2 Step 2 – Run a pilot with JITD at a GD 7 3.3 Step 3 – Run a pilot with JITD at a DO 7 3.4 Step 4 – Implementing JITD across the supply chain‚
Premium Supply chain management Inventory Economic order quantity
(3 weeks from manufacturer to retailer). Objectives Focusing to tackle the problem of demand forecast updating‚ our group sought to keep accumulated costs low which is contributed by holding and backlog costs. Meanwhile‚ reducing the effects of bullwhip effect. Strategy Our team’s strategy was to maintain a certain level of inventory at every stage to prevent backlogging in general and try to push most of our stock down to the retailer as it is the direct point of contact with the customers. To
Premium Supply chain management Inventory Stage
Spielberg in the interview seemed to confirm that Harrison Ford could yet be asked to get on board and have his bullwhip and play Indiana Jones one last time for Indiana Jones 5. There have also been a lot of buzz that ’Transformer’s’ Shia LaBeouf who took the role of Indiana Jones’s sidekick Mutt Williams in the 2008 ’’India Jones: Kingdom of the Crustal Skull’‚ may have the iconic bullwhip bequeathed to him from Indiana Jones himself. Spielberg who is very much considered a mover and shaker of
Premium Film director Film Steven Spielberg
1.) Diagnose the underlying causes of the difficulties that the JITD program was created to solve. What are the benefits and drawbacks of this program? Fluctuating‚ inconsistent customer product demand strains a company’s manufacturing and strategic operations. JITD is a system designed to address these types of problems. It utilizes data from customers and inputs the information into the system to accurately forecast product demand to the point where product can be manufactured and delivered
Premium Grocery store