Asked by Andrea S. Marrero on May 03, 2024

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The overarching solution to the bullwhip effect is simply for supply chain members to share information and work together.

Bullwhip Effect

describes the phenomenon where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.

Supply Chain

A global network of organizations and activities that supplies a firm with goods and services.

  • Recognize the importance of information sharing and coordination in reducing supply chain risks.
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YA
Yussif AbdelhamedMay 09, 2024
Final Answer :
True
Explanation :
Sharing information and collaboration among supply chain members can help to reduce uncertainties, increase transparency, and improve overall communication, thereby reducing the bullwhip effect.