The bullwhip effect is a supply chain error that creates false supply and demand fluctuations. In other words, the supply is overstated and the inventory accrues ...
When forecasts overestimate future demand or when inventory levels take time to adjust to changing slowdown in market demand, as was the case recently, the result is often excess inventory at ...
Last week, we forecast a further decline in U.S. containerized import volumes in the second half of 2023, and a “new” bottom for volumes during this downcycle. The lingering effects of the “bullwhip ...
If you own a business, then you might be aware of the bullwhip effect, which is an important supply chain phenomenon first noted by MIT systems scientist Jay Forrester. Even if you have never heard of ...
One question everyone wants to answer is how do we fix the broken supply chain? That's why logistics expert Mathias Le Scaon created The Beergame App. Based on the Beer Distribution Game by the late ...