Countermeasures against the bullwhip effect essay
Several reviews have been devoted to the bullwhip effect. For example, Geary, Disney, and Towill 2006 classified five routes to increase our knowledge of bullwhip effect principles and reduce them. Miragliotta 2006 reviewed bullwhip research in three categories: Empirical Assessment, Causes, and Solutions, and then Bullwhip Effect: or the Bullwhip Effect. Surprising bursts of consumer demand, inefficient inventory management, and a host of other issues can cause a small problem at the retailer level to rebound and become bigger throughout the rest of the supply chain. Economists have labeled this undulating chain reaction as the bullwhip effect, a supply chain phenomenon in which there is inefficiency in forecasting and the supply chain. The bullwhip effect refers to the fluctuating fluctuations in response to customer demands, which has a cascading impact on the supply chain. Explanation: In the case of Supply Chain, the end customers have the,