The problem frequently observed in unmanaged supply chains is the bullwhip effect. It can be described as a series of event that leads to supplier demand variability up the supply chain. The reasons for this variability include the frequency of orders, varying quantities ordered, or the combination both of event by downstream partners in a supply chain. As the orders make their way upstream, the perceived demand and is amplified and produces what is known as the bullwhip effect. The bullwhip effect has been perceived as an unavoidable effect of demand variation.
Latest posts by BMS Team (see all)
- Meterdown Annual Festival is back with its 7th edition – Starts today! - January 16, 2020
- Tybms sem 6 results 2019 declared on 19th June 2019 - June 19, 2019
- TYBMS Sem 6 Results 2019 Update from BMS khabri! - June 15, 2019