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The bullwhip effect: Progress, trends and directions

Listed author(s):
  • Wang, Xun
  • Disney, Stephen M.
Registered author(s):

    The bullwhip effect refers to the phenomenon where order variability increases as the orders move upstream in the supply chain. This paper provides a review of the bullwhip literature which adopts empirical, experimental and analytical methodologies. Early econometric evidence of bullwhip is highlighted. Findings from empirical and experimental research are compared with analytical and simulation results. Assumptions and approximations for modelling the bullwhip effect in terms of demand, forecast, delay, replenishment policy, and coordination strategy are considered. We identify recent research trends and future research directions concerned with supply chain structure, product type, price, competition and sustainability.

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    Article provided by Elsevier in its journal European Journal of Operational Research.

    Volume (Year): 250 (2016)
    Issue (Month): 3 ()
    Pages: 691-701

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    Handle: RePEc:eee:ejores:v:250:y:2016:i:3:p:691-701
    DOI: 10.1016/j.ejor.2015.07.022
    Contact details of provider: Web page: http://www.elsevier.com/locate/eor

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