What is "according to the video supply chain reaction?

The video "Supply Chain Reaction" likely discusses the domino effect that can occur within a supply chain. This means that a disruption or issue in one part of the chain can quickly cascade and impact other areas, leading to significant problems.

Key topics often covered in relation to this "reaction" include:

  • Bullwhip effect: How demand variability increases upstream in the supply chain.
  • Inventory management: How inventory levels can amplify or mitigate the impact of disruptions.
  • Logistics and transportation disruptions: Events like port closures or transportation delays triggering widespread consequences.
  • Risk management: Strategies for identifying, assessing, and mitigating potential supply chain risks.
  • Resilience: The ability of the supply chain to recover quickly from disruptions.
  • Information flow: The importance of timely and accurate information sharing across the supply chain.
  • Globalization: The fact that global supply chains increase complexity and therefore the risk of supply chain reactions.