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CONFIGURING A SUPPLY CHAIN TO REDUCE THE COST OF DEMAND UNCERTAINTY
Abstract
Reducing lead time enables a company to react more quickly to demand information and, hence, to better match supply with uncertain demand. But it is only one lever for improving response capability. Managers are familiar with others (e.g., excess capacity, supplier choice, and so forth) but lack techniques to quantify the impact of adjusting these levers. Here, we enumerate a number of these levers and present a model whereby they might be combined into effective response capability. The impact of adjusting these levers is illustrated by data obtained from a skiwear manufacturer that did so. Some of the insights that resulted run counter to intuition.
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Citations
Cited by
Managing Disruption Risks in Supply Chains
Kleindorfer, P. R., & Saad, G. H. (2005) · Production and Operations Management · doi:10.1111/j.1937-5956.2005.tb00009.x · Cited by 2,088
Hendricks, K. B., & Singhal, V. R. (2005) · Production and Operations Management · doi:10.1111/j.1937-5956.2005.tb00008.x · Cited by 1,303
Supply chain modeling: past, present and future
Min, H., & Zhou, G. (2002) · Computers & Industrial Engineering · doi:10.1016/s0360-8352(02)00066-9 · Cited by 940
Identifying sources of uncertainty to generate supply chain redesign strategies
van der Vorst, J. G. A. J., & Beulens, A. J. M. (2002) · International Journal of Physical Distribution & Logistics Management · doi:10.1108/09600030210437951 · Cited by 600
Pilkington, A., & Meredith, J. (2009) · Journal of Operations Management · doi:10.1016/j.jom.2008.08.001 · Cited by 537
Metadata
- Authors
- FISHER, M., HAMMOND, J., OBERMEYER, W., & RAMAN, A.
- Venue
- Production and Operations Management
- Publisher
- SAGE Publications
- Published
- 1997-09
- Volume
- 6
- Issue
- 3
- Pages
- 211-225
- ISSN
- 1059-1478 (ISSN-L)
- 1937-5956
- OpenAlex
- W2083955576
- Cited by
- 205
- References
- 0
- FWCI
- 5.76
- Type
- journal article
- Language
- en
- Open access
- closed
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- FISHER, M., HAMMOND, J., OBERMEYER, W., & RAMAN, A. (1997). CONFIGURING A SUPPLY CHAIN TO REDUCE THE COST OF DEMAND UNCERTAINTY. Production and Operations Management. https://doi.org/10.1111/j.1937-5956.1997.tb00427.x
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
