%0 Conference Proceedings
%T Cash-Flow Bullwhip Effect in the Semiconductor Industry: An Empirical Investigation
%+ Harold and Inge Marcus Department of Industrial and Manufacturing Engineering
%A Patil, Chintan
%A Prabhu, Vittaldas, V.
%Z Part 2: Digital Transformations Towards Supply Chain Resiliency
%< avec comité de lecture
%@ 978-3-030-85901-5
%( IFIP Advances in Information and Communication Technology
%B IFIP International Conference on Advances in Production Management Systems (APMS)
%C Nantes, France
%Y Alexandre Dolgui
%Y Alain Bernard
%Y David Lemoine
%Y Gregor von Cieminski
%Y David Romero
%I Springer International Publishing
%3 Advances in Production Management Systems. Artificial Intelligence for Sustainable and Resilient Production Systems
%V AICT-631
%N Part II
%P 68-77
%8 2021-09-05
%D 2021
%R 10.1007/978-3-030-85902-2_8
%K Bullwhip effect
%K Working capital
%K Supply chain
%K Cash flow
%Z Computer Science [cs]Conference papers
%X Cash flow bullwhip effect (CFB) is the amplification of working capital variance along a supply chain. High CFB is a sign of inefficient working capital (WC) management and can lead to a significant reduction in financial resilience. CFB can be used as a measure of a company’s ability to manage operational risks and corresponding resilience. We investigate the existence of CFB and the traditional bullwhip effect (BWE) in a sample of 238 semiconductor companies over 2010-Q1 to 2020-Q4. These companies' average CFB and BWE are 3.95 and 2.77, respectively. We find that CFB and BWE of a semiconductor company are negatively associated with company size, degree of seasonality in demand, and company’s payment policy conservativeness; and positively associated with procurement and payment lead times.
%G English
%Z TC 5
%Z WG 5.7
%2 https://inria.hal.science/hal-04117639/document
%2 https://inria.hal.science/hal-04117639/file/520755_1_En_8_Chapter.pdf
%L hal-04117639
%U https://inria.hal.science/hal-04117639
%~ IFIP
%~ IFIP-AICT
%~ IFIP-TC
%~ IFIP-TC5
%~ IFIP-WG
%~ IFIP-APMS
%~ IFIP-WG5-7
%~ IFIP-AICT-631