1997
DOI: 10.1111/j.1937-5956.1997.tb00427.x
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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 th… Show more

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Cited by 181 publications
(140 citation statements)
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“…(Fisher, 1997;Barratt and Oliveira, 2001;Sari, 2008). Given the increasing complexities of supply chains, and given the increasing sophistication in information technology and the use of the internet, a new supply chain management tool has emerged in the last few years for supply chain collaboration.…”
Section: Supply Chain Collaborationmentioning
confidence: 99%
“…(Fisher, 1997;Barratt and Oliveira, 2001;Sari, 2008). Given the increasing complexities of supply chains, and given the increasing sophistication in information technology and the use of the internet, a new supply chain management tool has emerged in the last few years for supply chain collaboration.…”
Section: Supply Chain Collaborationmentioning
confidence: 99%
“…Designing to achieve SC objectives induces SCR, particularly when firms work to implement key SC objectives such as adaptability, agility, and alignment (Lee, 2004), responsiveness (Fisher et al, 1997), flexibility (Vickery et al, 1999), innovation (PWC and MIT Forum, 2013), security (Forum, 2010), resilience (Bhatia et al, 2013), and life cycle cost (Burns and Nicholls, 2013), to mention a few. A particularly challenging area of SCD is humanitarian SCs, where SC objectives and SCR issues are very complex (Starr, 2014).…”
Section: Supply Chain Designmentioning
confidence: 99%
“…1). This phenomenon has been recognized as the bullwhip effect [1] and it has been observed in many industries [1][2][3][4]. Forrester [5] was mostly the first to study this problem using system dynamics and called it demand variability amplification.…”
Section: Introductionmentioning
confidence: 99%