What do coffee, ketchup, gasoline, wood pulp and rubber all have in common? These are items that have been identified to become less available in 2021. And why is that? It’s something called “The ...
From computer chips to chicken wings, the pandemic has led to shortages across the economy. One reason they’ve been so severe and so widespread is an economic phenomenon known as the “bullwhip effect.
If it seems like there are more sales lately, it’s because there are. General retailers are shedding excess inventory. Why? Just blame the bullwhip effect. WSJ’s Jon Hilsenrath explains what it is, ...
The shocks of the pandemic economy gave us a bunch of enormous natural experiments, which helped to prove or disprove conventional economic thinking. Take, for example, the bullwhip effect, the idea ...
Recently, major U.S. retailers were caught with too much inventory and were being forced to heavily discount to liquidate it. It was the result of the Bullwhip Effect, which represents a distortion 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 ...
Since early in the Covid-19 pandemic, economists have attributed product shortages and price spikes to the bullwhip effect, which is the chaos in the supply chain that’s created by hoarding and double ...