Bullwhip effect

Understanding the impact of COVID-19 supply disruptions on exporters in global value chains

Retrieved on: 
Thursday, March 23, 2023

In this context, the further upstream the disruption occurs, the greater is the potential for supply bottlenecks to propagate negative shocks.

Key Points: 
  • In this context, the further upstream the disruption occurs, the greater is the potential for supply bottlenecks to propagate negative shocks.
  • The third phase was from September 2020 to the end of 2021, when disruptions to global supply chains emerged and progressively intensified.
  • Within this sample, our treatment group comprises all exporting firms that had imported intermediate inputs at least once over the same period.
  • We assess firms’ performance during the crisis, in terms of export sales and probability of survival in the export market.
  • The richness of the dataset allows us to then deepen our analysis and look at several sources of heterogeneity.
  • In April 2020 GVC exporters recorded export volumes that were 42% lower than the levels recorded in January 2020.
  • Chart 2 illustrates the estimated effect of participation in global value chains on firm-level exports.
  • We find that participation in GVCs increased firm vulnerability during the pandemic, with the negative impact of supply disruptions being greater for firms located relatively more downstream in the value chain.
  • In this article we investigate the impact of supply chain linkages on exporting firms during the pandemic.
  • Highly granular data for the universe of French exporters allow us to provide one of the first firm-level quantifications of the impact of supply bottlenecks that occurred in 2021, when disruptions along value chains were at historically high levels.
  • We find that exporters in global value chains suffered relatively more than other exporters during the COVID-19 crisis.
  • This additional negative effect was mostly driven by exporters at downstream production stages, whereas diversifying sourcing networks for core imports helped to buffer the impact.

Lennox International Announces the Supplier Excellence Awards

Retrieved on: 
Monday, May 3, 2021

b'DALLAS, May 3, 2021 /PRNewswire/ -- Lennox International Inc. (LII) partners closely with our suppliers who live by our core values of integrity, respect, and excellence.

Key Points: 
  • b'DALLAS, May 3, 2021 /PRNewswire/ -- Lennox International Inc. (LII) partners closely with our suppliers who live by our core values of integrity, respect, and excellence.
  • The unique challenges presented by the pandemic and the supply chain bullwhip effect of the swift economic recovery required our suppliers to step-up and keep product flowing to our customers.
  • Despite supply chain disruptions, LII received an industry-leading six Dealer Design Awards, an accomplishment and honor we share with our suppliers.\n"The relationships between Lennox International and our suppliers continues to strengthen as we grow and win share in the market together," said Chairman and CEO Todd Bluedorn.\nToday, we recognize the accomplishments of our top supplier partners with the Lennox International Supplier Excellence Awards.
  • Together we continue to deliver industry leading innovation, premium quality, and solid productivity.\n'

More Companies Turn To John Galt Solutions' ForecastX To Get Ahead of Consumer Demand And Mitigate Pandemic Impacts

Retrieved on: 
Thursday, December 3, 2020

Companies have tapped into ForecastX to accurately forecast and navigate the bullwhip effect brought on by the pandemic.

Key Points: 
  • Companies have tapped into ForecastX to accurately forecast and navigate the bullwhip effect brought on by the pandemic.
  • As suppliers fulfill today's needs, they need digital tools that equip them to better predict tomorrow's demand.
  • As demand spikes, drops, and shifts, planners scramble to make sense of it all," said Anne Omrod, president and CEO of John Galt Solutions.
  • Our ForecastX solution leverages advanced analytics to help companies get ahead of fluctuations in consumer demand.

Reducing the Bullwhip Effect on Supply Chains with the Help of Demand Forecasting Solutions | Quantzig

Retrieved on: 
Tuesday, April 21, 2020

The clients primary concern was to accurately predict and manage demand for products in specific regions by deploying robust demand forecasting strategies.

Key Points: 
  • The clients primary concern was to accurately predict and manage demand for products in specific regions by deploying robust demand forecasting strategies.
  • Quantzigs supply and demand forecasting solutions enabled the client to devise an analytics model to precisely predict and forecast the demand for its products.
  • Adopting such an approach helped them drive sales by reducing the bullwhip effect on the supply chain.
  • How Quantzigs Demand Forecasting & Inventory Management Solutions Can Help Your Organization:
    At Quantzig, we adopt a holistic demand forecasting and inventory management approach to help our clients create accurate demand and inventory management plans.

SpendEdge’s Latest Article Highlights Top Supply Chain Challenges that Companies Must Address – Request Free Platform Access for Detailed Insights

Retrieved on: 
Wednesday, December 4, 2019

Identifying different supply chain strategies that can address the current demand and supply requirement while meeting capital requirements for new products is crucial.

Key Points: 
  • Identifying different supply chain strategies that can address the current demand and supply requirement while meeting capital requirements for new products is crucial.
  • Incorporating innovative product designs, manufacturing, and fulfillment within the existing supply chain can be a challenging task without accurate market insights.
  • Having a shared planning and execution process coupled with right business analytics is the key to supply chain management.
  • To know more about supply chain challenges in the consumer goods market, read the complete article here!