Professional Documents
Culture Documents
Mã MH : 704015
Bộ môn: KDQT- K.QTKD
GV : Phạm Thị Ngân
Learning objectives
3.1 Introduction
3.2 The Bullwhip Effect
3.3 Information Sharing and Incentives
3.4 Effective Forecasts
3.5 Information for the Coordination of Systems
• Information
– Helps reduce variability
– Helps improve forecasts
– Enables coordination of systems and strategies
– Improves customer service
– Facilitates lead time reductions
– Enables firms to react more quickly to changing
market conditions
Type of information
• Supplier information
• Manufacturing
information
• Distribution and retailing
information
• Demand information
❖ Retailer forecasts
– Typically based on an analysis of previous sales at the
retailer.
– Future customer demand influenced by pricing,
promotions, and release of new products.
– Including such information will make forecasts more
accurate.