From computer chips to chicken wings, the pandemic has led to shortages across the economy. One reason they’ve been so severe and so widespread is an economic phenomenon known as the “bullwhip effect.
What do coffee, ketchup, gasoline, wood pulp and rubber all have in common? These are items that have been identified to become less available in 2021. And why is that? It’s something called “The ...
If it seems like there are more sales lately, it’s because there are. General retailers are shedding excess inventory. Why? Just blame the bullwhip effect. WSJ’s Jon Hilsenrath explains what it is, ...
The shocks of the pandemic economy gave us a bunch of enormous natural experiments, which helped to prove or disprove conventional economic thinking. Take, for example, the bullwhip effect, the idea ...
Michael Okrent does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
Almost anything you can buy in a store — from a smartphone to a bike to a little tube of lip balm — is trucked, flown or shipped in from some other part of the country or the world. Or it's made from ...
For the last two months, global supply chains have been experiencing the first stage of a bullwhip effect triggered by uncertainties about the severity of China’s economic slowdown. While the ...
Toilet paper, canned food, pantry staples, cleaning products — so many grocery items have been in short supply since the coronavirus crisis began. Everyone knows that part of the problem is consumer ...
Since early in the Covid-19 pandemic, economists have attributed product shortages and price spikes to the bullwhip effect, which is the chaos in the supply chain that’s created by hoarding and double ...
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