Sharing demand and forecast data with supply chain partners can help mitigate the bullwhip effect.

Question

Quizplus · Accepted Answer

Sharing demand and forecast data with supply chain partners is a common strategy to improve supply chain coordination and reduce fluctuations in demand signals that can lead to the bullwhip effect. This allows supply chain partners to better align their production and inventory plans with actual customer demand, reducing the need for excess inventory and improving overall supply chain efficiency.

Sharing Demand and Forecast Data with Supply Chain Partners Can