Bullwhip effect reduction in supply chain management: one size fits all?
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2005
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In this paper, we try to investigate whether specific solutions suggested by selected authors in the relevant literature, aiming at controlling the so-called bullwhip effect and consequently reducing inventory and stock-outs, and increasing stock turnover in supply chain managements, are of general applicability. In order to do that, a numerical simulation model was developed and suggestions by Forrester, Kirkwood and Sterman were modelled and tested.