Artificial intelligence techniques
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Reducing the Bullwhip Effect in a Supply Chain using Artificial Intelligence Technique
Abstract: The bullwhip effect in a supply chain leads to various inefficiencies like excessive inventory, quality problems, higher raw material costs, and poor customer service, which can be reduced by coordination and collaboration among partners of a supply chain with time bound information sharing; it requires full integration. However, full integration of the organizations of a supply chain is not possible in real case scenario due to existing differences of functions, …
Published in Journal of Production Research & Management · Vol. 4, Issue 2, 2014 · pp. 31–42 Read article