The bullwhip effect is caused by demand factors, ineffective communication, and batch orders. Point of sale systems can help stores avoid inaccuracies and meet consumer demand levels. Companies in a recession can adjust inventory levels by looking at macro-level marketing trends. Demand factors are the number one contributor to the bullwhip effect. These factors are […]
Bull whips are used in cattle handling and for recreation or competition. Their history is unclear, but they were used on large farms in the Americas. The whip is controversially used to crack near animals to encourage movement. A basic whip consists of a handle, loincloth, fall, and cracker. The Indiana Jones series popularized the […]
