When ordering from their suppliers, the supply manager for a company ordered the wrong product. this creates an erratic shifts in orders up and down the supply chain. this is an example of:_____.

Respuesta :

The bullwhip effect is a distribution channel phenomenon in which demand forecasts yield supply chain inefficiencies. It refers to increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

What is bullwhip?

Supply chain inefficiencies are caused by the bullwhip effect, a distribution channel phenomena, which is caused by demand projections. As one gets higher up the supply chain, there are more fluctuations in inventory as a result of changes in consumer demand. The Forrester effect is another name for the idea, which initially appeared in Jay Forrester's Industrial Dynamics. As a corporation moves further upstream in a supply chain, there is a "observed tendency for material orders to be more variable than demand signals and for this unpredictability to rise." Science at Stanford University used a Volvo narrative to help the idea become part of supply chain lingo. Sales and marketing created a scheme to sell the excess inventory after discovering an oversupply of green cars.

To learn more about bullwhip from the given link:

https://brainly.com/question/17213485

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