Inventory Control

Showing 1-4 of 4

014-Operations-500
Free Article

Understanding the ‘Bullwhip’ Effect in Supply Chains

  • Blog

Today's Wall Street Journal  has a noteworthy front-page article about the "bullwhip" effect, as it is starting to play out in businesses as the economy recuperates. What's the bullwhip effect? The WSJ article explains: "This phenomenon occurs when companies significantly cut or add inventories.

07-Operations-500

The Bullwhip Effect in Supply Chains

Distorted information from one end of a supply chain to the other can lead to tremendous inefficiencies: excessive inventory investment, poor customer service, lost revenues, misguided capacity plans, ineffective transportation, and missed production schedules. What happens when a supply chain is plagued with a bullwhip effect that distorts its demand information as it is transmitted up the chain? How do exaggerated order swings occur? What can companies do to mitigate them?

09-Marketing-500

Returns Policies: Make Money by Making Good

ALTHOUGH RETURNS POLICIES HAVE BEEN WIDELY USED FOR MANY YEARS, THEY CONTINUE TO BE A SOURCE OF CONTROVERSY. THE AUTHORS present a framework that explains when and how to adopt returns policies. They analyze the benefits and costs of accepting returns from distributors, and also compare returns policies to alternative ways of coordinating the distribution channel.

Showing 1-4 of 4