The impact of information visibility on ordering dynamics in a supply chain: a behavioral perspective

IF 1.7 3区 管理学 Q3 MANAGEMENT System Dynamics Review Pub Date : 2021-08-20 DOI:10.1002/sdr.1687
Paulo Gonçalves, Mohammad Moshtari
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Abstract

Previous research on the Bullwhip Effect shows that information visibility—Point-Of-Sale (POS) data or supply-chain partner-inventory data—can reduce the amplification of orders in a supply chain. This study compiles and analyzes the data from two previous experiments with the beer game (Croson and Donohue, 2003, 2006) to gain insight on the specific mechanisms that decrease order amplification. By structuring the data as a panel and using a fixed-effects estimation model, we find that additional supply-chain-level information (e.g., POS and inventory data) leads subjects to react less aggressively to changes in their own inventory and to pay more attention to the supply line of orders placed. Furthermore, our analysis shows that such effects are more pronounced for upstream subjects. Our findings provide insight into the role that additional supply-chain information play on subjects' orders in the beer game. © 2021 The Authors. System Dynamics Review published by John Wiley & Sons Ltd on behalf of System Dynamics Society.
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供应链中信息可见性对订购动态的影响:行为视角
以往对牛鞭效应的研究表明,信息可见性-销售点(POS)数据或供应链合作伙伴-库存数据可以减少供应链中订单的放大。本研究收集并分析了之前两次啤酒博弈实验的数据(Croson and Donohue, 2003,2006),以深入了解减少订单放大的具体机制。通过将数据构建为一个面板并使用固定效应估计模型,我们发现额外的供应链级信息(例如,POS和库存数据)导致受试者对自己的库存变化的反应不那么积极,而更多地关注订单的供应线。此外,我们的分析表明,这种影响在上游科目中更为明显。我们的发现让我们深入了解了额外的供应链信息在啤酒游戏中对受试者订单的影响。©2021作者。John Wiley &出版的《系统动力学评论》;儿子有限公司代表系统动力学学会。
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来源期刊
CiteScore
6.60
自引率
8.30%
发文量
22
期刊介绍: The System Dynamics Review exists to communicate to a wide audience advances in the application of the perspectives and methods of system dynamics to societal, technical, managerial, and environmental problems. The Review publishes: advances in mathematical modelling and computer simulation of dynamic feedback systems; advances in methods of policy analysis based on information feedback and circular causality; generic structures (dynamic feedback systems that support particular widely applicable behavioural insights); system dynamics contributions to theory building in the social and natural sciences; policy studies and debate emphasizing the role of feedback and circular causality in problem behaviour.
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