bullwhip effect

In theory, the bullwhip effect does not occur if all orders exactly meet the demand of each period.

Information transmission and the bullwhip effect: An empirical investigation.

Information distortion in a supply chain: the bullwhip effect.

The bullwhip effect was named for the way the amplitude of a whip increases down its length.

Such supply chains also experience the bullwhip effect.

In the beer distribution game (Sterman, 1989), the bullwhip effect is created by a single pulse.

Based on past orders received from retailer's warehouse (may lead to Bullwhip effect)

This bullwhip effect may soon be visible in industries ranging from nappies through to wine and beer.

Cachon et al. (2007) recently argued that no evidence of the existence of the bullwhip effect could be found.

Both these papers argue that improper aggregation essentially takes away the opportunity to observe the bullwhip effect.

The bullwhip effect is a distribution channel phenomenon in which forecasts yield supply chain inefficiencies.

Information Distortion in a Supply Chain: The Bullwhip Effect.

During the debriefing, it is explained that these feelings are common and that reactions based on these feelings within supply chains create the bullwhip effect.

The Bullwhip Effect is a theory of American economists to explain why industry can still find life painful even when a recovery seems to be in full swing.

The Bullwhip effect at firm-level and game-like competition at industry-level can cause the sequential boom-bust movement in price, sales, capacity and investment in many industries.

These five components work together to greatly dampen, if not eliminate, the nervousness of traditional MRP systems and the bullwhip effect in complex and challenging environments.

Selwyn, B. (2008) Bringing Social Relations Back In: (re)Conceptualising the 'Bullwhip Effect' in global commodity chains.

It takes longer for a push-based supply chain to respond to changes in demand, which can result in overstocking or bottlenecks and delays (the bullwhip effect), unacceptable service levels and product obsolescence.

Herlyn, W., "The Bullwhip Effect in expanded Supply Chains and the Concept of Cumulative Quantities", in: Blecker et al. (Eds.)

Human behavior is a very important aspect to be considered, as decision making and emotions in market is a very important fact to be considered and it will make a big difference to the final result of the bullwhip effect.

Beer distribution game (offline as well as online): A simulation game created by a group of professors of MIT in the early 1960s aimed at illustrating important supply chain management principles, such as the bullwhip effect.

This is consistent with findings of supply chain experts who have recognized that the bullwhip effect is a problem in forecast-driven supply chains, and careful management of the effect is an important goal for supply chain managers.

This explains one of the main challenges in managing modern supply chains, the so-called "bullwhip effect", which often causes small changes in actual demand to cause a much larger change in perceived demand, which in turn can mislead companies to make bigger changes in inventory than are really necessary.

The bullwhip effect happens along the supply chain of an organisation, this is when agents along the supply chain fail to pass on relevant and accurate information to their superior leading to a large variation in the demand of goods and services from the customers and the supply from the organisation.