MIS 3305 Chapter Notes - Chapter 10: Electronic Product Code, Bullwhip, Computer Network

• School: Baylor University
• Department: Management Information Systems
• Course: MIS 3305
• Professor: Esserman

Document Summary

Supply chain visibility is the ability to view all areas up and down the supply chain in real time. Demand planning systems generate demand forecasts using statistical tools and forecasting techniques, so companies can respond faster and more effectively to consume demands through supply chain enhancements. A tag is a microchip that holds data, in this case an electronic product code, as a set of numbers unique to an item. A reader uses radio waves to read the tag and sends the electronic product code to computers in the supply chain. The bullwhip effect occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain. Supply chain execution systems ensure supply chain cohesion by automating the different activities of the supply chain. Supply chain planning systems used advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory.