Improvement in supply chain performance is one of the major issues in the current world. Lack of coordination in the supply chain is the main drawback of supply chain that many researchers have proposed different methodologies to overcome it. VMI (Vendor-managed inventory) is one of these methodologies that implementing it has some obstacles. This paper proposes new model that is agent-managed ...

The attention on optimal management of production systems has increased, thus the control of production with local control of the coordination of an entire chain of production and distribution (Supply Chain Management). The aim of this work is to analyze some issues relating to new types of production realities based on the Supply Chain, to show the multiple causes of the change in demand along...

This paper reports on an oil/retail petrol supply chain which was undergoing a Business Process Reengineering (BPR) exercise. The paper models and analyses the effect of information sharing on the performance parameters (inventory costs and bullwhip effect) of an actual Serbian oil industry supply chain. The main idea is to show through business process modelling how the BPR of existing process...

The bullwhip effect, or demand information distortion, has been a subject of both theoretical and empirical studies in the operations management literature. In this paper, we develop a simple set of formulas that describe the traditional bullwhip measure as a combined outcome of several important drivers, such as finite capacity, batch-ordering, and seasonality. Our modeling framework is descri...