Disney, S.; Farasyn, I.; Lambrecht, M.; Towill, D.; … - In: Review of Business and Economics L (2005) 2, pp. 167-186
A major cause of supply chain deficiencies is the bullwhip effect. This effect refers to the tendency of the variance of the replenishment orders to increase as one moves up a supply chain. Supply chain managers experience this variance amplification in both inventory levels and replenishment...