Draw a graph illustrating the bullwhip effect and discuss its impact on the measures of supply chain performance
What will be an ideal response?
Sketches will vary slightly, but should illustrate increased variability upstream in the supply chain. The inventory measures of supply chain performance, average aggregate inventory value, weeks of supply, and inventory turnover, will fluctuate as the whip is cracked. At times, the measures may be deceptively strong, but at other times in the bullwhip cycle the measures will be abysmal. Process measures relating to customer relationship, order fulfillment, and supplier relationship will also fluctuate although measures like "customer satisfaction" may deteriorate as customers tire of the rollercoaster performance of the supply chain. Financial measures like ROA, CGS, total revenue, cash flow, and working capital will also behave cyclically but will be weaker than a supply chain operating sans bullwhip effect. At times, members of the supply chain will be caught holding the bag on inventory and forced to dump it at bargain prices and at other times supply chain members will be unable to acquire the inventory they need or will have to pay exorbitant costs to acquire it.
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Assume that you are a freshman and live in your school's dormitory. The agreement you've signed with the school states that you may move in on September 1 and must vacate the room by May 31 of the following year. Should you wish to live in the dormitory during your sophomore year, you must sign a completely new contract with the school. Your agreement with the school best approximates a
A. tenancy for years. B. fee simple defeasible. C. periodic tenancy. D. easement by grant.
Although the ASEAN countries are geographically close, they have historically been divided in many respects. Elaborate on this statement and highlight the important economic development of member countries within ASEAN
How does Singapore represent a special case within the ASEAN nations?
The advantages of a market visit include all of the following except:
A) confirm market potential. B) contradict market potential. C) gain confidence in firm's ability for exporting. D) gather additional data to reach final decision. E) build confidence in firm's ability for exporting.
When Sony introduced the world's first high-definition television to the Japanese market in 1990, it was priced at $43,000. This helped Sony to scoop the maximum amount of revenue from the various segments of the market
The price dropped steadily through the years — a 28-inch Sony HDTV cost just over $6,000 in 1993, but a 40-inch Sony HDTV cost only $450 in 2014. What pricing strategy did Sony use here?