The bullwhip effect is a concept that explains inefficiency in the Supply Chain. This inefficiency results from demand forecast variation, which ripples from retailers to manufacturers.
The primary effect of the bullwhip effect is excess inventory and cost.
In today’s article, I’ll look at the bullwhip effect in Supply Chain in detail, explaining what it is, what its impacts are, and what you can do to mitigate it.
I’ll be covering:
What is the Bullwhip effect on Supply Chain? Supply Chain Bullwhip Effect Example The result of the bullwhip effect What is the impact of the bullwhip effect in the supply chain? Effects of the bullwhip effect How can the supply chain reduce the bullwhip effect?
Tags: supply chain management