Integrating value stream mapping and control theory - A new dynamic supply chain model

Abstract

Using value stream maps, we find there are three lead times in a single supply chain echelon- the customer, supplier, and production lead time. There are two replenishment policies; one determines production quantities, the other orders raw material. Our parsimonious model captures the dynamics of both make-to-stock and make-to-order systems.

Yogendra Singh
Yogendra Singh
PhD Researcher and Teaching Associate

Current research include Bullwhip effect, Supply chain dynamics, Forecasting, Control theory, MRP nervousness, Dual sourcing.