Solving the bullwhip effect in Logistics and Supply Chain

Solving the bullwhip effect in Logistics and Supply Chain

The phenomenon known as "The Bullwhip Effect" is found in all industries. This phenomenon is demonstrated to be the responsible for the systemic inefficiency that disseminates and gets amplified along the different companies and entities that pertain to a Supply Chain.

This course, being the first of a series of courses on related topics, will allow you to understand the main paradigm of Supply Chain Management, unleashing the ability to to further apply all the necessary tools and strategies for a correct and efficient management.

Completing this course you will be able to:

1. Understand the bullwhip effect, what causes it and how its nature affects the whole set of operations along the supply chain.

2. Clearly identify the obstacles making the Bullwhip effect to prevail.

3. Apply management strategies and toolsets to diminish the negative impacts conveyed by the bullwhip effect, and even eliminating its presence altogether.

4. Understand and apply operational tactics that enhance the logistics and operational performance in your supply chain.

5. Formulate advanced collaborative strategies to unify your efforts with those of your logistics partners, thus improving profitability and  reducing the information distortion.

6. Know and compare practical cases, where the implementation of the tools we discuss here were successful and how they were implemented.

7. Access information sources on this topic.

Unlock the full potential of your Supply Chain by solving coordination problems and minimizing internal variability.

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What you will learn

• Understand the goal of Coordination in supply chain management, and the effects that the lack the coordination creates.
• Understand the obstacles that lead to a misaligned supply chain.
• Learn managerial strategies to achieve coordination and avoid the obstacles that prevent it.

Rating: 3.5

Level: All Levels

Duration: 4 hours

Instructor: Jorge Luis Botero Bernal.