Coronavirus and the bullwhip effect on the supply chain
The outbreak of Covid-19 is forecasted to have an impact of $1-2 trillion to the global economy. Apparel and retail companies are now undergoing different measures to manage the fall in demand with their suppliers. However the significant swing in demand and supply could result in irreversible bullwhip effect that poses challenges to companies to prepare for future ramp up during recovery. Read this whitepaper to learn practical 10 tips you should consider to avoid falling into the bullwhip effect.