What is the single most important thing we can do to combat the bullwhip effect?

Expert Solution

In order to counter the possibility of the bullwhip effect, we need to be able to make sure that the demand, which is the factor which caused the drift in the functionality efficiency of the supply chain as one goes up the chain, we can essentially:-

Form long-term relationship with the suppliers

This allows the company to somewhat being able to counter the bad effects of the bullwhip effects which causes strain on both the business process as well as the supply chain. This can be considered as the single most important factor that a company can utilize in order to effectively mediate their supply chains in the dire times when the company requires the ability to be able to remedy the situation for both the supply chain as well as themselves. Especially for companies that have a deep integration of the supply chain into their core business processes, there's needs to be a buffer in place for the company and the supply chain to be able to successfully manage the situation on both their ends.

keosha answered 1 year ago

what is the most important thing of opportunity cost? what is the most important thing of...

what is the most important thing of opportunity cost? what is the most important thing of scarcity in economic ?

3 What is the most important thing you can do for a stable septic patient? A....

3 What is the most important thing you can do for a stable septic patient? A. Notify the emergency department that the patient is septic. B. Attempt to lower the patient's temperature. C. Assess the patient using capnography. D. Open and maintain the patient's airway. 4 Which of the following preventive measures is useful against all communicable diseases? A. Vaccination B. Hand washing C. Standard Precautions D. Covering sneezes and coughs 5 Why is Lyme disease not considered a communicable...

what is the beer game? what is the bullwhip effect? what will you do to improve...

what is the beer game? what is the bullwhip effect? what will you do to improve the performance(minimize the costs, including inventory holding cost ($1/each case) and backorder cost ($2/each case)) in the next game?

What do you think was the most important thing that took place on television during the...

What do you think was the most important thing that took place on television during the 1970’s? Explain how Reagan’s election impacted America’s government beyond 1988

what do we learn from ethics class and what is the most surprising thing that you...

what do we learn from ethics class and what is the most surprising thing that you learned from the ethics class?

WHAT DO YOU THINK IS THE MOST IMPORTANT THING NURSES NEED TO KEEP IN MIND WHEN...

WHAT DO YOU THINK IS THE MOST IMPORTANT THING NURSES NEED TO KEEP IN MIND WHEN DEALING WITH MENTAL HEALTH?

What do you think is the most important thing to keep in mind when applying realist...

What do you think is the most important thing to keep in mind when applying realist ideas to foreign policy analysis? Why? What could be the pitfalls?

What was the most important thing that occurred on The Great Railroad strike of 1877 please...

What was the most important thing that occurred on The Great Railroad strike of 1877 please detail 300 words if possible and why was it important

If your career depended on it, what is the most important thing you learned in Financial...

If your career depended on it, what is the most important thing you learned in Financial Accounting? Has what you thought accounting would be changed over the time of the course? In what ways do you envision financial accounting benefiting your future career? Did you have an AHA moment, where the light went on ?

There are a number of thing we can do, and are doing, to protect/conserve biodiversity. Describe...

There are a number of thing we can do, and are doing, to protect/conserve biodiversity. Describe two things and provide specific examples. What are some of the challenges in protecting/conserving biodiversity? (please can someone go in depth please type i have a problem reading handwriting)

Question