Rishav Deval, a senior research fellow, presented his work titled “Towards Sustainable Net-Zero Buyer-Supplier Relationship: An Approach to Quantify the Green Bullwhip Effect,” co-authored with his supervisor, Prof. Jayendran Venkateswaran, at the 42nd International System Dynamics Conference (ISDC) held in Bergen, Norway, from August 4 to August 8.
The presented poster represents an initial attempt to quantify the green bullwhip effect and explore how environmental regulations are amplified across a generic supply chain at an aggregate level. The study focuses on how individual echelons with bounded rationality, within the Emission-based Production and Inventory Control System (EPICS), can bring about positive changes to reduce order variability driven by amplified environmental pressures. The research discusses a buyer-supplier relationship at the aggregate level for net-zero system operations, emphasizing the impact of stringent environmental regulations imposed at buyer.
About the Conference:
In its 42nd year, the ISDC continues to bring together like-minded system dynamicists and systems thinkers from around the world to discuss global challenges. The 2024 conference, held from August 4 to August 8, and themed “Bridging Perspectives for New Insights,” underscores the importance of integrating varied disciplines and methodologies to achieve deeper understanding and effective solutions. This makes it an ideal platform for presenting research on sustainable supply chain management and the green bullwhip effect.