If you own a business, then you might be aware of the bullwhip effect, which is an important supply chain phenomenon first noted by MIT systems scientist Jay Forrester. Even if you have never heard of ...

Lennert Smeets, product manager with OM Partners, discusses how the company addressed the issue of ensuring accurate forecasting throughout the order-fulfillment process -- thereby averting the ...

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 ...