Today we explain the Bullwhip effect and give you the answers to the questions below 1. What happened post-Covid (retailers overproduced, goods were stacked up, unsold)?
2. As demand reduces, what were retailers needing to do?
3. What are the consequences of a lower margin?
4. This is already happening in Australia. Will this happen in the US? How likely?
To find the answers make sure to check out the link below