Bullwhip Effect Supply Chain. Demand Driven MRP

Рет қаралды 21,734

5 жыл бұрын

Bullwhip Effect occurs in supply chain management. It is also called Demand Driven MRP, or DDMRP for short,
The Bullwhip effect distorts the perception of reality and often leads to wrong decisions involving large investments.
Amrsha Srivastava, Shubhangi Srivastava, Reshma Xavier, Kashyap Sheth, Shraddha Nemane, created this video with support from Dr Shrinivas Gondhalekar to explain the concept at a very basic level.The video also shows how to eliminate/minimize the Bullwhip Effect.
We have uploaded this video on Amrsha's birthday as a token of our love, affection, and respect.
Bull whip effect is a good demonstration of how psychology affects reality.

Пікірлер: 219

@Supplychains 5 жыл бұрын

Wow! I really like this post!!

@DrG720214 5 жыл бұрын

Thank you. Grateful for your appreciation.

@amrshasrivastava4587 5 жыл бұрын

Thank you so much for the appreciation!

@anishanaik9788 4 жыл бұрын

Great concept, easy explanation. I think in today's scenario the auto industry did suffer from bull whip effect. The solutions mentioned can be useful. Anisha-Rba

@harshalchandak2299 4 жыл бұрын

Being a Supply chain enthusiast, can't believe there can be any other more simple explanation on Bullwhip effect and Kanban than this. 👍

@basiljolly7242 4 жыл бұрын

Replacing psychology with technology reduced the lead time and the bull whip effect on the supply chain. The effect of eliminating nodes between the customer and manufacturer was clearly shown in the presentation. This will also help in the efficient inventory management. The analogy of a hose was very nice and helped in understanding the concept. The effects and problems of over estimation of demand was clear in this. Thank you sir for simplifying the concept of bullwhip with this simple video.

@nitinyadav7990 4 жыл бұрын

Such a complex theory explained so easily and its quite surprising to see you change of demand at start impacts the requirements at other levels of supply chain.. Nitin Yadav RBA

@emilyklott9829 4 жыл бұрын

Best video explaining this concept on KZfaq! Thank you for the detailed explanation & visualization.

@DrG720214 4 жыл бұрын

Emily Klott - Thank you very much for your appreciation.

@shubhangisrivastava9275 4 жыл бұрын

Thank you Emily. Your appreciation is deeply valued. :)

@reshmaxavier5449 4 жыл бұрын

Thanks a lot Emily, your comment gives us more motivation

@businessexcellenceindia 4 жыл бұрын

Thankyou so much Emily! We are glad you liked it. This motivates us!

@minhazriyam6272 4 жыл бұрын

Methods man!!!! Hats offf!!!!

@DrG720214 4 жыл бұрын

Thank you

@darshitbhayani1185 4 жыл бұрын

Good concept explanation. It is easy to implement as well. Darshit Bhayani- RBA

@dixitsankharva8827 4 жыл бұрын

Bullwhip effect is often found in the Clothing industry and Electronic industry. This is the major reason why the supplychain players occurs loss as further the fashion and technology keeps changing. Withdrawal kaban can be used by supplychain players and Production Kanban can be used by the manufacturer. Thank you Sir & Team. Dixit Sankharva - RBA

@ritusharma2254 4 жыл бұрын

Sir, even being new to operations as area of knowledge, the concept was so well demonstrated. Thank you for making these videos. Ritu Sharma - BD

@AISaerang 5 жыл бұрын

Thanks for powerful explanation regarding Lean Supply Chain...

@kaushikchoudhury4648 4 жыл бұрын

With the technology available today, the bullwhip effect can be minimized for optimum production with minimum redundancy. Thank you for the interesting video.

@AmitKumar-mc9if 4 жыл бұрын

Just Simply awesome Explanation, I had gone through many online pieces of training but it is so simple and clear. I think i will never forget it in a lifetime.

@akshaykr7441 4 жыл бұрын

Outstanding explanation.

@jiteshparkar3739 4 жыл бұрын

It was little funny but i understood bullwhip effect completely.....better than other bullwhip videos on youtube

@neeraja9714 4 жыл бұрын

Hello sir! This video was really helpful and we'll explained! Being new to operations concepts, it became easy for me to understand this concept that produce only according to demand and maintain a safety stock!- Neeraja Mahajan (BD)

@longjohnsilverin2468 Жыл бұрын

The professor and his students have done an interesting role play and brought good clarity on the topic. Great Job !

@afsharfarhan7922 5 жыл бұрын

Nice explaination. Keep up your good work of educating people in an easy understanding way.

@DrG720214 5 жыл бұрын

Thank you for your appreciation and encouragement.

@amitamishra5091 5 жыл бұрын

Wow..that's nice..I wish every college should have this kind of activity to facilitate the practical knowledge in place of only theoretical...👍👍

@DrG720214 5 жыл бұрын

Thank you Amita. You are entirely right. We appreciate your encouragemen. We too find that the physical activity greatly facilitates deeper understanding.

@amitamishra5091 5 жыл бұрын

@@DrG720214 yes sir..I wish there were professors like you in our college also.

@DrG720214 5 жыл бұрын

@@amitamishra5091 Hahaha. Where are you studying?

@shubhangisrivastava9275 5 жыл бұрын

Totally agree with you Amita. It is indeed a great way to learn and also understand. Well, if your college does not have such activities, then you can go ahead and initiate them. :) Thank you for appreciating the video.

@DrG720214 5 жыл бұрын

Amita, we have launched a new video on Value Stream Mapping. You may like to see it. We value your comment and encouragement.

@archanapremkumar128 5 жыл бұрын

Not only the concept of bullwhip effect is explained with clarity but the ways in which it can be mitigated is suggested. Great video.Kudos to the team!!!

@DrG720214 5 жыл бұрын

Thank you Archana

@nitinaher6222 4 жыл бұрын

Great way to reduce lead time Thank you sir for simplifying it

@shruthete 5 жыл бұрын

Indeed a fantastic video on the Bullwhip effect. Communication of customer and manufacturer directly through technology in supply chain can truly be beneficial. Thank you Sir and team for such a great video.

@DrG720214 5 жыл бұрын

Appreciated Shrutika

@anilpatel2443 5 жыл бұрын

Thank you Sir & Team for explaining the Bullwhip effect and different ways to minimize it in a short and simple manner.

@DrG720214 5 жыл бұрын

Thank you Anil

@nandinipadam2478 4 жыл бұрын

Thank you Sir. The Concept is very well explained,no pre- knowledge was required.If we apply the solutions of reducing the bullwhip effect in our day to day life we can save a lot of resources.

@mansichandrakar308 5 жыл бұрын

Thank you Sir & team for so beautifully explaining the Bull Whip effect & ways to minimize it.

@DrG720214 5 жыл бұрын

Appreciated Mansi

@sarahgadhvi9298 4 жыл бұрын

This concept is complicated but the demonstration made it really simple . Also the mitigation Technics to wer easy to understand. Would love to know more about this. Thanks Doc G.

@shubhangisrivastava9275 5 жыл бұрын

A concept beautifully explained by Dr. G and that is why the team and I were able to conduct such an easy classroom simulation which made us understand the topic in-depth as well as pushed us to make a video that anyone can refer to and understand the topic. Again a pleasure working with Dr. G and the team. Cheers!

@DrG720214 5 жыл бұрын

We do make a great team, Shubhangi. Thank you for your intelligent and tireless efforts.

@shubhangisrivastava9275 5 жыл бұрын

Shrinivas Gondhalekar thank you sir for your continuos effort in pushing us to be better and best.

@nirojnath7301 5 жыл бұрын

Wow what a explaination

@DrG720214 5 жыл бұрын

Thank You.

@gangagopalakrishnan6592 5 жыл бұрын

Another wonderful video Dr G and team. Bullwhip effect and the methods to eliminate it is explained very clearly. Thank you Dr G and team

@DrG720214 5 жыл бұрын

Much appreciated Ganga

@ruzanirani6997 4 жыл бұрын

After viewing this video it's understood what the wholesaler, retailer and manufacturer experience when there is a variation in order units from a particular customer. 'Kanban' a true killer for The Bullwhip Effect. Thank you sir.

@DrG720214 4 жыл бұрын

Good. Thank you.

@abishabbas7611 4 жыл бұрын

I don't know What to say... really amazing and wow wow wow

@kushalsawale820 5 жыл бұрын

Fantastic explaination of Bullwhip effect. Thank You for the video Sir and team.

@DrG720214 5 жыл бұрын

Thanks Kushal.

@onkarpathak2604 5 жыл бұрын

Wow! Bullwhip Effect is explained in very simplified way. Good one team. Thank you sir.

@DrG720214 5 жыл бұрын

Thank you for the quick appreciation

@jayaprakashk.r.7769 5 жыл бұрын

Well done video on Bullwhip effect. The concept explained in a beautiful way with the simplest example in a skit form, which can be received well by any person new to this subject.. I am a faculty for Logistics & Supply chain. I am impressed. Thanks to G and the team.

@DrG720214 5 жыл бұрын

Thank you very much, Jayaprakash sir. We are greatly honoured by your kind appreciation.

@amrshasrivastava4587 5 жыл бұрын

Thank you so much for the appreciation sir! It feels great when a faculty in the field appreciates our efforts and keeps us motivated

@reshmaxavier5449 5 жыл бұрын

Thanks a lot Sir. Your words keep us motivated and help to come up with more videos. Once again thanks a lot.

@swapnilpawar94 3 жыл бұрын

Very well explained Sir! You made it so easy to understand the concept thru demonstration. Thanks for the video!

@DrG720214 3 жыл бұрын

Thank you for your appreciative comment.

@abhinavmodi8870 4 жыл бұрын

Understood how reducing the nodes (a way to do KANBAN) helped to reduce the lead time drastically and overcome/ reduce the BullWhip effect. Psychology plays a major role for this effect to occur. Thank you sir. Abhinav Modi - BD

@madhurendramadhukar280 3 жыл бұрын

Hatsoff to you and your student for such videos

@nitishkaushal500 5 жыл бұрын

Learning by videos is very easy and. This type of learning method was looking for long time... and finally i got it.... really sir ...thank you and your team for the learning videos.... keep continue this journey.... 😊👍👍☺

@DrG720214 5 жыл бұрын

Thank you Nitish for your appreciative words. Hope you enjoy all the videos. The one on FMEA is one of the finest.

@satishpendharkar6504 5 жыл бұрын

Very timely input for the prevailing changing technology based delivery scenario. Very well explained. Keep it up !

@mihikasahani9793 5 жыл бұрын

Thank you so much Sir and Team! As I understand, the bullwhip effect can prove deadly in industries where trends change rapidly (eg. last season’s garments are likely to never be sold and can pile up as losses) . It may become imperative to minimize the effect and/or go directly to the consumer.

@aishwaryabote393 5 жыл бұрын

A very knowledgeable video sir. Merging technique with technology is indeed what is needed. A job well done by the team as well. Thank you so much.

@DrG720214 5 жыл бұрын

Thank you Aishwarya. I am blessed with great teams. You too are part of such a team.

@alich7800 5 жыл бұрын

Good job and very thankful to develop knowledge

@jaiganeshrajkumar9294 5 жыл бұрын

Thank you for this great video about supply chain, I am able to understand quality concepts easily from you.

@amrshasrivastava4587 5 жыл бұрын

Thank you so much for the appreciation. It keeps the whole team motivated to do more. 😃

@pratikkolhe4516 5 жыл бұрын

Thank you all the team. For such wonderful video. Key learning’s for me 1)Bullwhip Effect. 2)Kanban’s importance. 3) Reduce Nodes as much as possible. Apart from this data presentation on graphs and role play I could find it more easily. I think “Technology with proper technique gives you lot of benefits”.

@DrG720214 5 жыл бұрын

Thank you Pratik

@SriS981 4 жыл бұрын

Understood the use of Kanban even better now. Just in time or Vendor managed inventory, effective communication, better forecast and pricing policies and technology are few ways that help reduce the bullwhip effect. Thankyou Dr.G and team for explaining what demand driven bull whip effect is, causes of the same and ways to reduce it, that too in such a simplistic manner. Your explainations in every video form the base for me and then when i look up for more detailed analysis of the topic it becomes easier to understand. I mean there exists a flow or rather thought process is smooth i would say. Thankyou for the videos. Great Help!

@DrG720214 4 жыл бұрын

Thank you Srikanth.

@shivanikhandelwal5449 4 жыл бұрын

Thank you sir and team for explaining bull whip effect and ways to reduce it Shivani Khandelwal (RBA)

@KuldeepSingh-gg2dp 2 жыл бұрын

The best way to educate,thanks

@pratikshetty7741 5 жыл бұрын

Great video sir. The concept is explained very well in simple words. Well done Dr.G and team!!!

@DrG720214 5 жыл бұрын

Thank you Pratik

@businessexcellenceindia 5 жыл бұрын

Thank-you sir for involving me in the video. I am sure this video will help many to understand 'The Bull-whip Effect' in a better way.

@DrG720214 5 жыл бұрын

You are welcome Kashyap. Your good understanding of the subject makes you an asset both in front and behind the camera. Thank you for your good work.

@businessexcellenceindia 5 жыл бұрын

@@DrG720214 It is a very interesting method to learn the fun way! I don't think I will forget this concept ever in my life.

@saisnehat8039 4 жыл бұрын

Thank you Dr.G and team for explaining bull whip effect in such simple way!

@memrieturner2290 Жыл бұрын

This is such a great video. Thank you

@mentorityhindi 4 жыл бұрын

This is great! I'll never forget Bullwhip effect now.

@DrG720214 4 жыл бұрын

Thank you Mr Vinay Ghosh. Much appreciated. You may also like to view another video if ours on Supply Chain Synchronisation with a manufacturing example. Here is the URL:

@DrG720214 4 жыл бұрын

Synchronization: kzfaq.info/get/bejne/p7Kmrcdk07mrZHk.html

@mentorityhindi 4 жыл бұрын

@@DrG720214 Thanks! I really appreciate your response.

@amrshasrivastava4587 4 жыл бұрын

Thank you Mr. Vinay. I'm glad you liked it! Appreciation pushes us to make better & better content. 😄

@mentorityhindi 4 жыл бұрын

@@amrshasrivastava4587 Thanks! I also have a channel. You can check it out kzfaq.info/love/jSXZ38Rvi9slUCn8QjWiJgvideos?view_as=subscriber

@SANJAYKUMAR-xj2qe 4 жыл бұрын

thank you Dr. G and his student to explain in simple words

@vanitagodwani96 4 жыл бұрын

Thanks a lot Dr G for explaining this concepts in the easiest way !!

@deeparaj8742 5 жыл бұрын

Wonderfull Sir. Thank You so much. I understand better now.

@DrG720214 5 жыл бұрын

Thank you Deepa, for your appreciation.

@lalitharamanikasibhatla8773 Жыл бұрын

i really liked the way the concept was explained, this will enable us to remember more in an effective manner. thanks to you sir!! i have watched all your videos!! looking for more. 😃

@diwasgupta3731 4 жыл бұрын

It is quite amazing how few ways helped to reduce the bull whip effect! The customer met the manufacturer directly, with no requirement of the intermediaries.

@poonamgupta8577 2 жыл бұрын

Aftr watching more videos bt I satisfied to seeing dis video thanku 👍👍

@nidhishah947 5 жыл бұрын

Wonderful video Sir and entire team. The effect of decision taking by various parties can enormously affect the economy. As always, this video is also amazingly explained by an example.

@DrG720214 5 жыл бұрын

Appreciated Nidhi.

@basiljolly7242 5 жыл бұрын

Sir, I really love the kind of roleplay you use for tye videos.Even someone unaware of these topics can easily capture the essence of the topic.

@DrG720214 5 жыл бұрын

That is so true. No pre-knowledge required to understand. Thank you.

@A---BSpandanRay 2 жыл бұрын

Very helpful and understandable 👍🏽☺️

@vidushigupta6078 4 жыл бұрын

Very insightful video with great explanation of the concept of Bullwhip effect and how Kanban is helpful in reducing it's effect. Thankyou Vidushi Gupta- BD

@vaishaliwadhwa2654 4 жыл бұрын

Best way to understand DDMRP, thank You so much for the video Sir, helps a lot in better understanding of Supply Chain and how we can reduce lead time and also reduce the supply chain. Vaishali Wadhwa BD

@madhurimamondal8470 4 жыл бұрын

This is a good concept, never knew about this concept before. Thanks for explaining it in such a simpler way.

@joylm9108 2 жыл бұрын

Perfect demonstration

@kartikbawanthade3753 Жыл бұрын

Thanks for such an amazing video, It really helped me alot in understanding the concept of BullWhip Effect.

@AmankumarYadav29coy 2 жыл бұрын

Really interactive!

@neelgaurav3184 4 жыл бұрын

This is the best video I have ever across and infact now I am going to see all of your videos

@DrG720214 4 жыл бұрын

Thank you for your comment. Please enjoy the videos. You may also enjoy short, thought-provoking articles and cases on a blog we started recently. Here is an example: drgondhalekarsblog.wordpress.com/2020/07/01/the-kpi-conundrum/

@arpitgupta8 4 жыл бұрын

Amazing video sir!!

@annadaofficial7792 2 жыл бұрын

Very nice explanation 👌 it was very easy to understand . Thankyou for the video 😊

@UmeshSingh-kt3vc 4 жыл бұрын

Bah ji bah , esa padhai jeevan bhar yad rahega . Dhanya ho gaye hum padh ke . Litrally maza aa gaya.

@DrG720214 4 жыл бұрын

Thank you Umesh. Dhanyawad. Padhte rahiye ji.

@reshmaxavier5449 5 жыл бұрын

Thanks a lot sir for giving me this opportunity.. It was a learning and application experience throughout the shoot. Thanks a lot.

@arifiqbal7283 5 жыл бұрын

You are very lucky reshma. He is a brilliant man on earth. May GOD bless him. Love from karachi Pakistan ❤️❤️

@DrG720214 5 жыл бұрын

Welcome Reshma

@anupama990 4 жыл бұрын

Wonderful!

@sohamnagdev95 4 жыл бұрын

Great Demonstration Thank you Dr G and team. Soham Nagdev - BD

@asmitadhawan1881 4 жыл бұрын

Great video Sir! It's one of the best video I have came across on Bullwhip effect. Thank you so much Sir!

@DrG720214 4 жыл бұрын

You are welcome Asmita. Great conceptualization and work by our team.

@sumitpachupate3302 4 жыл бұрын

Nice videos guys!

@Kpyshanthi 3 жыл бұрын

Thank you superb

@crazydude7455 5 жыл бұрын

Simply awesome

@DrG720214 5 жыл бұрын

Thank you for your appreciation.

@SaniyahRaks 10 ай бұрын

This was information and cute. Great job!

@dilrajsinghmaan3723 3 жыл бұрын

You people explained in a very efficient way. Thank you so much.

@DrG720214 3 жыл бұрын

Thank you. Appreciated your comment.

@nikparte 5 жыл бұрын

Such an amazing video, beautifully explains how a distribution channel phenomenon in which forecasts creates supply chain inefficiencies, a very important concept explained with such ease...Kudos to you sir and your team..

@DrG720214 5 жыл бұрын

Thank you Nikhil. Much appreciated your comment. Amrsha worked really hard on it.

@venkatesh0071 3 жыл бұрын

Very nice sir🙂 your energy is great

@DrG720214 3 жыл бұрын

Thank you for your kind words

@sally5011 3 жыл бұрын

Thanks for the illustration.. it's very useful.

@DrG720214 3 жыл бұрын

Thank you very much

@arjungoud3450 3 жыл бұрын

Wonderful. Thanks a lot

@DrG720214 3 жыл бұрын

Thank you.

@vijayvishwakarma400 2 жыл бұрын

A difficult concept explained in a simple way

@DrG720214 2 жыл бұрын

Thank you. Much appreciated.

@user-yn7yo4ht1r 4 жыл бұрын

your method is great i loved it

@DrG720214 4 жыл бұрын

Thank you, Saptarshi Das. You might find educative and enjoyable the video we have on this channel on how to reduce the inventory in the system. kzfaq.info/get/bejne/kLZmh6V63K3RnmQ.html

@furqanhameed3550 4 жыл бұрын

Got the idea in first time watching well explained

@DrG720214 4 жыл бұрын

Thank you

@divyatophakhane9296 4 жыл бұрын

This also explained how we can use kanban. Was very helpful !

@DrG720214 4 жыл бұрын

Thank you.

@mujahidali7840 3 жыл бұрын

What a great style of explanation. Got it all at once.. Really appreciate the your idea and the efforts of your team.. Thank you so much Sir.☺️

@DrG720214 3 жыл бұрын

Thank you very much for your ppreciative words.

@mahmoudsobhi8683 Жыл бұрын

Amazing

@rishavsoni7848 4 жыл бұрын

Awesome sir 👍 concept feeded👍

@DrG720214 4 жыл бұрын

Thank you.

@sakshibalani1964 5 жыл бұрын

Through this video, it's very easy as well as effective to understand the concept Bullwhip effect. Thankyou sir for making such conceptual videos and make us learning things easily.

@DrG720214 5 жыл бұрын

Thank you Sakshi. it was great all out effort by Amrsha and the team and your Business Design colleagues.

@sakshibalani1964 5 жыл бұрын

@@DrG720214 Sir I would also like to collaborate with you and the team if you think I can in anyway possible.Thank You

@DrG720214 5 жыл бұрын

@@sakshibalani1964 - We will be happy to have you collaborate. Looking forward to it.

@pardhusaradhi1052 4 жыл бұрын

Very nice ....

@DrG720214 4 жыл бұрын

Thank you.

@mohitprabhughate8094 3 жыл бұрын

Good Demonstration On Point!

@DrG720214 3 жыл бұрын

Thank you very much

@niharikabedi4955 5 жыл бұрын

Great video sir! I remember you talking about it in one of the meetings we had for the Japan trip and the concept is explained here brilliantly. Kudos to the team! 👌🏻

@DrG720214 5 жыл бұрын

Thank you Niharika. Great you remember the conversation in Japan.

@abhishekaggarwal8939 4 жыл бұрын

That was the best explanation!! Thanks for such an informative video!! I hope we undergo a complete transformation in the way we learn the things. This was a classic example of the way one should acquire knowledge. Thanks again.

@DrG720214 4 жыл бұрын

Thank you very much for your appreviative comment.

@jleey 3 жыл бұрын

Amazing teching👍

@DrG720214 3 жыл бұрын

Thank you for your appreciative comment

@tanmaylaturkat1111 3 жыл бұрын

Was studying for the Trimester exams and had lots of confusion about this topic. My concepts are very clear now..

@DrG720214 3 жыл бұрын

Thank you for your comment. Glad it worked out.

@paul-akers Жыл бұрын

Excellent

@sugandhivarshney540 4 жыл бұрын

Your method is very unique and understandable in comparison of other make more videos to help

@DrG720214 4 жыл бұрын

Thank you for your appreciative comment.. We have 38 videos on this channel. Latest one is on Lead Time and WIP reduction. You might like it as it is full of demonstration. kzfaq.info/get/bejne/kLZmh6V63K3RnmQ.html

@sugandhivarshney540 4 жыл бұрын

@@DrG720214 thank u sir...as a MBA students these videos help me lot again thank u