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- Dictionarybullwhip/ˈbʊlwɪp/
noun
- 1. a whip with a long heavy lash.
verb
- 1. strike or thrash with a bullwhip: "he was suspected of bullwhipping a fellow to death"
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bullwhip: [noun] a rawhide whip with a very long plaited lash.
2 meanings: 1. a long tapering heavy whip, esp one of plaited rawhide 2. to whip with a bullwhip.... Click for more definitions.
Bullwhip definition: . See examples of BULLWHIP used in a sentence.
- What Is The Bullwhip Effect?
- Understanding The Bullwhip Effect
- Impacts of The Bullwhip Effect
- The Bottom Line
The bullwhip effect refers to a scenario in which small changes in demand at the retail end of the supply chainbecome amplified when moving up the supply chain from the retail end to the manufacturing end. This happens when a retailer changes how much of a good it orders from wholesalersbased on a small change in real or predicted demand for that g...
The bullwhip effect typically travels from the retail level up the supply chain to the manufacturing level. If a retailer uses immediate sales data to anticipate a strong increase in demand for a product, the retailer will pass a request for additional product to its distributor. The distributor, in turn, will communicate this request to the maker ...
In the example above, the bullwhip effect can result in a manufacturer getting stuck with a significant surplusof product. This can cause disruptions to both the supply chain and to the manufacturer's operations, such as increased costs associated with storage, transportation, spoilage, losses of revenue, delays to shipments, and more. The distribu...
The bullwhip effect is a supply chain phenomenon in which a change in demand becomes more pronounced as it moves from the retail level to the wholesaler level and ultimately to the manufacturer. This can occur when retailers incorrectly forecast demand or misunderstand anomalies in consumer purchasing behavior. When anticipated demand is significan...
A bullwhip is a single-tailed whip, usually made of braided leather or nylon, designed as a tool for working with livestock or competition. Bullwhips are pastoral tools, traditionally used to control livestock in open country. A bullwhip's length, flexibility, and tapered design allows it to be thrown in such a way that, toward the end of the ...
All you need to know about "BULLWHIP" in one place: definitions, pronunciations, synonyms, grammar insights, collocations, examples, and translations.
Bullwhip Effect Definition. The Bullwhip Effect is defined as the amplification of demand fluctuations, not due to actual customer demand but due to the disconnection between the various links in the supply chain. In supply chain management, the Bullwhip Effect can significantly affect the operational efficiency of a business.
