Bullwhip Forrester Effect: How Sudden Demand Increases Affect Supply Chains

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  • Опубліковано 28 лис 2024

КОМЕНТАРІ • 89

  • @marcinrykaczewski3841
    @marcinrykaczewski3841 11 місяців тому +1

    The best explaination of the bullwhip effect on youtube. Thanks!

  • @Icwuds
    @Icwuds 5 років тому +24

    This was really nicely explained. Saved me a lot of time from my assignment on this matter.

    • @crazysisterstelugu5884
      @crazysisterstelugu5884 4 роки тому

      In this video I have clearly explained bullwhip effect and how to reduce bullwhip effect with a simulation activity explained in Telugu
      ua-cam.com/video/QPyk6JM2kG4/v-deo.html

  • @xnl3626
    @xnl3626 4 роки тому +1

    its so cool when you say "suddenly, extremely, popular", the interupts between these three words and the two cool snaps.

  • @jennalahikainen9761
    @jennalahikainen9761 4 роки тому

    I've been going through so many different sources trying to understand what the bullwhip effect really means and FINALLY I got it! Thank you, such a great video!

  • @Mr44magnum0706
    @Mr44magnum0706 3 роки тому +2

    So I heard of this terminology today and I’ve been a cog in the machine for a while, thanks for the break down

  • @Xtreme1215
    @Xtreme1215 8 років тому +17

    Great video, well explained. Helped me out a ton! Thank you.

  • @carlosvalencia8804
    @carlosvalencia8804 7 років тому +1

    Also, Ian, I would like to add that you can have another form of player in that model. Our business typically has internal Business Units that act as storage warehouses...and they in turn hold consignment warehouses. Golly this can be convoluted! Thanks for the help!

  • @boburabdullaev195
    @boburabdullaev195 8 років тому +2

    Well done. It is straightforward to comprehend. Thank you so much Mr. Ian Johnson

  • @madspedersen200
    @madspedersen200 3 роки тому

    I had no clue what this was about in my text book, but this video made it a piece of cake to understand! I understood the Bullwhip effect before half way through the video.. thanks!

    • @Nk_Alexis
      @Nk_Alexis 3 роки тому

      lol me to, i am currently doing masters, technology management and one of the courses i took, has the bullwhip effect case and i couldn't get it , but this video.........woow! thx to this guy

  • @erikayomar04
    @erikayomar04 6 років тому +3

    Very well explained.. I had an assignment on this and didn’t quite understood the concept until I saw your video. Thank you so much for sharing your knowledge and passion with us! 👍🏼

  • @vitumbikomhango8381
    @vitumbikomhango8381 Рік тому

    preparing for an exam tomorrow and this just saved me. Thank you!

  • @Vitilomani1
    @Vitilomani1 2 роки тому

    Thank you for simplifying it.. Very clear indeed.

  • @blessingmakamera2029
    @blessingmakamera2029 4 роки тому

    Thank you.
    Brilliant presentation

  • @Ahmedax1
    @Ahmedax1 2 роки тому

    Can you explain reverse bile hip and also in both cases the impact on consumer pricing

  • @eliasnkosi3796
    @eliasnkosi3796 4 роки тому

    Thank you so much I'm doing my honours degree now, we did this at undergraduate level I never understood it I only understood it now, thanks nicely explained

    • @Driveyoursuccess
      @Driveyoursuccess  4 роки тому

      Thank you Elias. If you have any ideas for videos - just let me know.

  • @wakingfromslumber9555
    @wakingfromslumber9555 4 роки тому

    Excellent explanation many thanks Ian !

  • @roseanebrown4237
    @roseanebrown4237 4 роки тому

    Excellent lecture Sir. Thank you

  • @patryknext
    @patryknext 7 місяців тому

    Well, example with beer is simply but great - valuable movie, its helped me during prepare for final exam

  • @zyangchoo1586
    @zyangchoo1586 4 роки тому

    Fanstastic well explained !!! Example provided.. it helped a lot tks

  • @ruchikasharma1831
    @ruchikasharma1831 4 роки тому

    Thanks! Concept Simply explained which is going to stay with me 😊

  • @mattc677
    @mattc677 3 роки тому

    Excellent. Thank you.

  • @JhonatanTirado
    @JhonatanTirado 4 роки тому

    Excellent explanation! Thanks

  • @layanvidealwis9830
    @layanvidealwis9830 8 років тому

    Thank you so much. All doubts are cleared.

  • @josesugapapirivera1632
    @josesugapapirivera1632 5 років тому

    Wow, great video!!!!! Its clear to me now.

  • @lukasmaidhof4992
    @lukasmaidhof4992 4 роки тому

    Wonderfully explained, really appreciate it!

  • @noorjarrar122
    @noorjarrar122 3 роки тому

    Thank you, very useful.

  • @christianokwara
    @christianokwara 4 роки тому +1

    I love the video Ian. I have one question though. Can JIT prevent any member of the supply chain from falling prey to the bullwhip effect considering that in JIT, you replace exactly the amount of inventory consumed?

    • @Driveyoursuccess
      @Driveyoursuccess  4 роки тому +1

      Hi Christian.Unfortunately no. Remember with the Bullwhip effect, the increase in demand comes from the top - from your company - so it cascades down to your suppliers.

  • @karthikm1291
    @karthikm1291 3 роки тому

    Sir how to used to this method in stock market

  • @KMT186
    @KMT186 5 років тому

    Really well explained! Thank you Ian!

  • @johnfusilero5206
    @johnfusilero5206 4 роки тому

    Great explanation! Thanks!

  • @chirayubatta
    @chirayubatta 5 років тому

    Amazing video. Thanks for the brief explanation. Cheers!!

  • @ejcmoorhouse
    @ejcmoorhouse 4 роки тому

    Brilliant really helpful in my understanding of the effect. Put across nice and simply.

  • @sydneyndlovu5011
    @sydneyndlovu5011 4 роки тому

    Thanks, great explanation

  • @vidarakannangara1233
    @vidarakannangara1233 3 роки тому

    this was perfect! LEGIT!

  • @aminaa1197
    @aminaa1197 7 років тому

    Very well explained. Thanks

  • @bingoman263
    @bingoman263 2 роки тому

    thank you so much

  • @Mirror-pi2cs
    @Mirror-pi2cs 3 роки тому

    gold will never depreciate, am here 2021

  • @ebrahimzourob6920
    @ebrahimzourob6920 4 роки тому

    That's Really great/helpful video.
    Thanks!

  • @jbertucci
    @jbertucci 3 роки тому

    just a questiln, sudden demand, even for goods that don't exist?

  • @ramairluvr
    @ramairluvr 8 років тому

    Very concise...well done.

    • @Driveyoursuccess
      @Driveyoursuccess  8 років тому +1

      Thanks a bunch. Let me know if you need any other topic covered. Take care

    • @flankspankrank
      @flankspankrank 8 років тому

      +Ian Johnson Can you cover the flywheel effect? As in companies reactions to the bullwhip causing further distortion.

  • @umarbazarbaev7423
    @umarbazarbaev7423 6 років тому

    Thank you Mr Ian Johnson

    • @crazysisterstelugu5884
      @crazysisterstelugu5884 4 роки тому

      In this video I have clearly explained bullwhip effect and how to reduce bullwhip effect with a simulation activity explained in Telugu
      ua-cam.com/video/QPyk6JM2kG4/v-deo.html

  • @easyaptitude1505
    @easyaptitude1505 6 років тому

    Thank you so much !!! I wish you were my professor. ....

  • @mike-brillquayson3195
    @mike-brillquayson3195 6 років тому

    Woooow that's great, I love that presentation. Its awesome.

  • @CesarFlores-nk4sm
    @CesarFlores-nk4sm Рік тому

    Great Video. Theres a popular article about this called '" the bullwhip effect in supply chains" by HauL. Lee that explains more detail how to counteract it. :)

  • @Беларусачка-и2ч
    @Беларусачка-и2ч 8 років тому

    Thank you. Very easy explained.👍

  • @Ganjdizayee
    @Ganjdizayee 4 роки тому

    well explained thank you

  • @NoncedolucyNtsangani
    @NoncedolucyNtsangani Рік тому

    Very nice

  • @rushabhshinde5209
    @rushabhshinde5209 6 років тому

    Can you give some examples of bullwhip effect.. one example which I know about is P&G's best selling product Pampers.. could you name some of the others.....?

    • @Driveyoursuccess
      @Driveyoursuccess  6 років тому

      The bullwhip effect typically happens during peak Holiday seasons. Unanticipated demand - or excessive demand. Hot product - not enough stock throughout the supply chain. Or, in other cases, companies expected high demand - overstocked throughout supply chain - but the customer demand wasn't there.

  • @umarbazarbaev7423
    @umarbazarbaev7423 6 років тому

    Just Perfect to understand the main core

  • @clayton328
    @clayton328 5 років тому

    This was so helpful, thank you!

    • @nomthandazomhaule5992
      @nomthandazomhaule5992 3 роки тому

      Oh this helped me to understand the concept of the bullwhip effect thanks

  • @souvikroy2046
    @souvikroy2046 5 років тому

    Can you make a video on network marketing.

  • @nehasamson6151
    @nehasamson6151 5 років тому

    good one...

  • @naveenhv82
    @naveenhv82 6 років тому

    Very helpful

  • @OtilaOsborne
    @OtilaOsborne 7 років тому

    Really good thanks

  • @mahmoudbadr4316
    @mahmoudbadr4316 8 років тому

    really iam very happy to subscribe your channel very very nice.thanks a lot

  • @mohsinagavines
    @mohsinagavines 6 років тому

    Thank you sir.

  • @कॉम्पिटिशन_एग्जाम

    Nice work lad

  • @solnest555
    @solnest555 4 роки тому

    Ohh thank you!

  • @fullbliss42
    @fullbliss42 11 місяців тому

    VERY GOOD, THATS

  • @jameshookings4914
    @jameshookings4914 7 років тому

    Great video, thanks Ian.

  • @douglashagan65
    @douglashagan65 3 роки тому

    Well usually you know they put a steel tip on the end of that rope and that would be something that would be a deadly weapon in the hands of a ninja

  • @ansbekk
    @ansbekk 3 роки тому

    This is exactly what happened with toilet paper, and disinfectants when the pandemic hit. An increase of demand due to unforeseen circumstances (COVID-19)

  • @MrJamiBlack
    @MrJamiBlack 6 років тому

    huge like !!!

  • @hugocharlier6998
    @hugocharlier6998 2 роки тому

    that's my man

  • @sahand5277
    @sahand5277 3 роки тому

    Number 5 example: Corona pandemic when the demand for surgical masks and toiletry sky rocketed!

  • @charleshart5563
    @charleshart5563 8 років тому

    Nice but who does it effect most? that would be a good analysis. Probably the manufacturer but, I guess thats the risk they take.

  • @yamahapilot
    @yamahapilot 2 роки тому

    (5) unforeseen - 2022

  • @carlosvalencia8804
    @carlosvalencia8804 7 років тому

    Ian, you forgot one thing....WHERE DO I SET MY INVENTORY LEVELS NOW???? Ha ha

  • @mikehackenschmidt8765
    @mikehackenschmidt8765 3 роки тому

    But sir, beer is already liquid

  • @upendomkusa9703
    @upendomkusa9703 2 роки тому

    M.i8 .

  • @Zi_gemi8222
    @Zi_gemi8222 4 роки тому

    Great explanation. Thanks.