INVENTORY MANAGEMENT AND THE BULLWHIP EFFECT DURING THE 2007-2009 RECESSION: EVIDENCE FROM THE MANUFACTURING SECTOR

被引:52
|
作者
Dooley, Kevin J. [1 ]
Yan, Tingting [1 ]
Mohan, Srimathy [1 ]
Gopalakrishnan, Mohan [1 ]
机构
[1] Arizona State Univ, WP Carey Sch Business, Tempe, AZ 85287 USA
关键词
supply chain management; inventory management; bullwhip effect; sales; demand variation; manufacturing sector; manufacturer; wholesaler; retailer; recession; economic crisis; consumer behavior; SUPPLY CHAIN; ORDERING POLICIES; INFORMATION;
D O I
10.1111/j.1745-493X.2009.03183.x
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
The 2007-2009 recession led to a significant decrease in consumer demand. We use monthly inventory and sales data to study the impact of the recession on manufacturers, wholesalers and retailers in the U.S. manufacturing sector. We find wholesalers responded late and drastically, indicative of a bullwhip effect, while retailers responded quickly and more conservatively, indicative of environmental smoothing. Smoothing of demand and inventory is demonstrated as an alternative response to a significant change in demand.
引用
收藏
页码:12 / 18
页数:7
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