Information distortion in a supply chain: the bullwhip effect
Management Science - Special issue on frontier research in manufacturing and logistics
Value of Information in Capacitated Supply Chains
Management Science
Competitive and Cooperative Inventory Policies in a Two-Stage Supply Chain
Management Science
Managing a Customer Following a Target Reverting Policy
Manufacturing & Service Operations Management
Information Flows in Capacitated Supply Chains with Fixed Ordering Costs
Management Science
Determining the best harvesting practices for the South African sugar supply chain, using simulation
EMS '07 Proceedings of the Third IASTED International Conference on Environmental Modelling and Simulation
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In this paper we evaluate, via the use of simulation, information-centric design of three supply chains that are ubiquitous in operations management literature. With emphasis on inventories, we show how such a redesign of the supply chains can significantly enhance the benefit from information flows that are commonplace in the current business world. The underlying analysis is in the realm of stochastic non-stationary capacitated inventory control and the mathematical intractability behooves us to make extensive use of simulation. We postulate that the lack of such information centric re-designing of supply chains is one of the main reasons behind the failure, reported in popular press, of most information gathering projects in the industry.