May 12, 2021
You are here: Home / Business / What’s the ‘bullwhip effect’ and how can we avoid crises like the global chip shortage?
What’s the ‘bullwhip effect’ and how can we avoid crises like the global chip shortage?
(Credit: Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: John Letzing, Digital Editor, Strategic Intelligence, World Economic Forum
An ongoing shortage of semiconductors has had profound impacts.
The current scarcity has been described as a result of the ‘bullwhip effect.’
Experts say there are ways to mitigate the phenomenon, which can snarl global trade.