Ways to mitigate the bullwhip effect include:
A) Data sharing
B) Collaborative forecasting
C) Supplier management
D) Independent forecasting
E) a and b

Question

Quizplus · Accepted Answer

Both data sharing and collaborative forecasting are effective ways to reduce the bullwhip effect as they enable better communication and coordination among supply chain partners. Suppliers can use this information to better align their production and inventory with actual demand. Independent forecasting may not be as effective as it does not take into account the perspectives and insights of all supply chain partners. Supplier management is important, but alone it may not be enough to mitigate the bullwhip effect.

Ways to Mitigate the Bullwhip Effect Include