Bullwhip effect

Bullwhip effect,

Definition of Bullwhip effect:

  1. Tendency of consumers of a material or product in short supply to buy more than they need in the immediate future.

How to use Bullwhip effect in a sentence?

  1. The bullwhip effect was present in our industry as the demand was difficult to predict and then considering our inconsistent inefficiencies we were not aware of all elements.
  2. You need to be aware of the bullwhip effect and what it may do to change the course after any decision you make.
  3. I told her about the bullwhip effect because I did not want her to buy too much of the item and make us spend more than we needed to.

Meaning of Bullwhip effect & Bullwhip effect Definition