Archive for the ‘Supply chain’ Tag

Keep Calm, It’s Just The Bullwhip Effect   Leave a comment

Link: https://www.npr.org/2021/10/20/1047777081/keep-calm-its-just-the-bullwhip-effect

As we already know, the whole world is struggling to get items shipped to distributors because of supply chain issues. The Beergame App, created by logistics expert Mathais Le Scaon, uses the demand of cases of beer to demonstrate the bullwhip effect, where small fluctuations in demand at the retail level cause increasing larger fluctuations up the supply chain. After participating in the game, members of tPlanet Money’s indicator team find that fixing the supply chain is no simple task.

Original Air Date: October 20, 2021

Length: 9 minutes 52 seconds

Vials, syringes, Packaging: The Small but Vital Components of COVID-19 Vaccine Distribution   Leave a comment

Link: https://www.marketplace.org/2020/09/18/covid-19-vaccine-components-vials-syringes-packaging-distribution/

There is increasing demand for a Covid-19 vaccine, and although many are developing, scientists are still unsure when an effective vaccine will be finished. There is also concern that low income countries will struggle to gain equitable access to the vaccine once it is produced. Thomas Cueni, the director general of the International Federation of Pharmaceutical Manufacturers and Associations emphasized the importance of high income countries buying into efforts which would subsidize lower income countries.

Original Air Date: September 18, 2020

Length: 5 minutes 10 seconds

The Great Potato Giveaway   Leave a comment

Link: https://www.npr.org/2020/04/23/843437140/the-great-potato-giveaway

Since the beginning of the pandemic, the agriculture supply chain has been suffering. Although the shelves at grocery stores are not fully stocked, farmers are giving away their goods, or even turning it into fertilizer.

Original Air Date: April 23 2020

Length: 9 minutes 25 seconds

Discussion Prompt: How will this affect the agriculture industry? What does this tell us about how these markets are functioning? What solutions can you propose which would help the industry financially?