scm645_ip1

Aug 10th, 2016
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Your boss was recently reading about supply chain management. During her reading, she came across the term bullwhip effect. She also asked you to put together a presentation about the bullwhip effect so that she could explain it to senior management. Include the following in your presentation: How does the bullwhip effect happen? Why is the effect bad? What can be done to reduce or eliminate the effect?

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Showing Page: 1/9
NameClassDate Network of People and Organizations System to Provide Product to Consumer Manufacturer, Transporter, Distributor, Retailers, andConsumers Changes in Consumer Demand Flows Up and Down Supply Chain Demand Variability Increases Changes in Consumer Demand Demand Variability Customer Quality Issues Strikes High Demand Improper Inventory Controls Large Inventory Communication or Coordination Failures Order Backlogs Lower Revenues High Carrying Costs Faster Shipping at Higher Cost Change in Manufacturing Process Peeks in Demand Effective Communication Coordinated Effort Understand Product Demand Proper Dissemination of Information Frequent Collaborations Demand Forecasting Effective Ordering Policies Unnecessary Inventory Consistent Inventory Management Processes Effective Demand Fluctuation Controls Buchmeister, B. (2008). Bullwhip Effect Problem in SupplyChain. Retrieved April 24, 2012 from http://maja.unimb.si/files/apem/APEM3-1_045-055.pdf Manglesdorf, M. (2010). Understanding the BullwhipEffect in Supply Chains. Retrieved April 24, 2012 fromhttp://sloanreview.mit.edu/improvisations/2010/01/27/understanding-the-bullwhip-effect-in-supply-chains/ Zhang, T. (2006). The Cause and Countermeasure of theBullwhip Effect Explained in the Economics. RetrievedApril 24, 2012 fromhttp://ieeexplore.ieee.org/xpl/l

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