How to reduce the bullwhip effect involves understanding the bullwhip effect definition, the causes, and the solutions needed for reduction and prevention. Before we discuss how to reduce the bullwhip effect, let’s define the bullwhip effect. According to QuickBooks, the definition of the bullwhip effect is as follows: The bullwhip effect (also known as the “whiplash”…
What does the future of wholesale distribution hold? Within the next ten years what can wholesalers expect to see alter in day-to-day and overall operations? Several pieces about the future of wholesale distribution exist and have offered somewhat of a consensus. The future is about automation, big data, and highly sophisticated technology, including robotics. While…
How to keep track of inventory and sales is a subject many distributors, sellers, and manufacturers ponder every day. A sudden influx of orders, the need to fulfill orders quickly, a desire to maintain consistent inventory accuracy, and a number of other challenges can all leave you wondering how to keep track of inventory. Acctivate…
Did you know that by 2025, 1.8 billion more citizens of Earth will join the global consumer class? That’s right — 1.8 billion more customers — extremely exciting for your future ROIs. The global population is expected to reach 8.1 billion by 2025. The earth, on the other hand, is not expected to gain any…
BOOM, BAM… A storm of product recalls have hit hard in the recent years… Over 320,000 lbs. of Meat, Including Chorizo, Recalled Cumin Products Nationwide Recall for Undeclared Allergens FDA, CDC Expand Listeria Warning To All Prepackaged Caramel Apples Keurig Recalls 7.2 Million Coffee Machines That Can Burn Users Auto Industry Galvanized After Record Recall…
![History of logistics and supply chain management [Infographic]](https://acctivate.com/wp-content/uploads/2012/08/Logistics-and-Supply-Chain-Management-History-768x312.jpg)
Ever wonder about the term “Supply Chain Management” and how it originated? This Logistics and Supply Chain Management History Infographic from SCM Operations provides a quick overview of the history and evolution of the supply chain management industry.