One major problem affecting supply chains are ripple effects referred to as the ________.

Question

Quizplus · Accepted Answer

The bullwhip effect refers to the phenomenon where small fluctuations in demand at the consumer level can cause a ripple effect up the supply chain, resulting in amplified changes in demand at each subsequent stage of the chain. This can lead to overproduction, excess inventory, and ultimately inefficient supply chain operations.

One Major Problem Affecting Supply Chains Are Ripple Effects Referred