Inventory record inaccuracy – The impact of structural complexity and lead time variability

This article presents a rigorous prospective analysis of the impact of Inventory Record Inaccuracy (IRI) on complex multi-echelon Supply Chains (SCs). Specifically, key operational factors (i.e., the magnitude of the error, frequency of the inventory audits and lead time variability) and SC structur...

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Detalhes bibliográficos
Autores: Cannella, Salvatore, Domínguez, Roberto, Framiñán Torres, José Manuel
Formato: artículo
Estado:Versión enviada para evaluación y publicación
Fecha de publicación:2017
País:España
Recursos:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/103048
Acesso em linha:https://hdl.handle.net/11441/103048
https://doi.org/10.1016/j.omega.2016.06.009
Access Level:acceso abierto
Palavra-chave:Supply chain management
Inventory errors
Bullwhip effect
Descrição
Resumo:This article presents a rigorous prospective analysis of the impact of Inventory Record Inaccuracy (IRI) on complex multi-echelon Supply Chains (SCs). Specifically, key operational factors (i.e., the magnitude of the error, frequency of the inventory audits and lead time variability) and SC structure are systematically assessed. We find that the detrimental effects of IRI are exacerbated by the structural complexity of the SC and lead time variability. Furthermore, we show how the efficacy of countermeasure strategies may vary depending on SC configuration and operational conditions. These results allow us to provide interesting managerial recommendations to guarantee investment in prevention and correction strategies.