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Present the principles of the bullwhip effect

Assignment Help Supply Chain Management
Reference no: EM132926063 , Length: 2500 Words

Supply Chain Management

ASSIGNMENT 1

2017 was a year of testing for Blockchain technology and its application to SCM.

- Alibaba teamed up with PwC to explore the use of blockchain to fight food fraud, which involves selling lower quality foods and often with counterfeit ingredients. (Bindi, 2017).

- The Swiss start-up Modum teamed with the University of Zurich to design a system to ensure the safe delivery of pharmaceuticals under exact temperature, humidity and light conditions in order to ensure usability. Popper, N., & Lohr, S. (2017)

- Denver-based startup Bext360's recorded timestamps and the value of transactions on a real-time basis, to bring complete transparency to the coffee supply chain. Kolodny, L. (2017).

Assessment Task

Present your appraisal of how Blockchain technology could measurably reduce the impact of the Bullwhip Effect in Supply Chain Management. Use a Commercial example to illustrate your answer.

A report that should be no longer than 2400 words (excluding cover page, figures and references).

Twofold purpose of the assessment

- To develop your ability to present the principles of the Bullwhip Effect, how it can be measured in practice and critically discuss how the adoption of specific practices can help mitigate its impact.

- To examine the potential impact of Blockchain technologies in the field of Supply Chain Management to further reduce the negative impact of the Bullwhip Effect.

Attachment:- Supply Chain Management.rar

Reference no: EM132926063

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