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SUPPLY REQUIREMENT (key issues in supply chain (Inventory Control
It…
SUPPLY REQUIREMENT
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Bullwhip Effects
Demand Information
relying on past
demand information to estimate current
demand information of a product.
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Disorganization
between each supply
chain link, with ordering larger or
smaller amounts of a products that is
needed due to an over or under
reaction to the supply chain
beforehand.
Bullwhip
Bullwhip effect is a distribution channel phenomenon
where forecast yield supply chain inefficiencies. It
refers to increasing swings in inventory in response
to shifts in customer demand as one moves further
up the supply chain.