Published May 22, 2023 | Version v1

SUPPLY CHAIN MANAGEMENT: BULLWHIP EFFECT MINIMIZATION AND EFFECTIVE ORDERING SYSTEM ON OPTIMAL INVENTOR

Authors/Creators

Description

Consumer awareness of proper shipping handling as well as increasing prevalence of product resale in stores. The purpose of this study is to analyze the supply chain of goods to ensure that goods are delivered on time and in the right quantity to prevent lead time misinformation and to improve the delivery system. The bullwhip effect is a term used to describe how supply chain variability increases over time. Bullwhip's impact can be reduced in the supply chain to a relevant level, enabling the collection of useful information which can then be combined to reduce the Bullwhip effect and improve business operations. The Bullwhip Effect was observed in Lima as a result of data elaboration and in-depth analysis, according to the results. retail and at Distributors, caused by: According to unconfirmed information about retailer-distributor transactions, the lead time for the current transaction is 5 days, but it could be shortened to 1 day in the future as there is a high probability that the product will be damaged during transit. Based on the results of these calculations, it is determined that the reordering system has provided more optimal results, which is indicated by the smaller N and T values compared to the initial conditions, which makes inventory costs more accurate than before. once. It was determined that the reordering system had given more optimal results, which was indicated by the smaller N and T values compared to the initial conditions, which made inventory costs more accurate than before. once. It was determined that the reordering system had given more optimal results, which was indicated by the smaller N and T values compared to the initial conditions, which made inventory costs more accurate than before. once

Files

May-2023-20-1684602301-MAY17.pdf

Files (245.1 kB)

Name Size
md5:e23518e56ee12408b2f2ad169c7a627a
245.1 kB Preview Download