Chemical supply chain ordering strategies impact global stability and sustainability.
The article explores how the way chemical companies order supplies affects the stability of their supply chains. By looking at lead time, the researchers found that longer lead times can increase the bullwhip effect in the supply chain, leading to more instability. They suggest that companies should optimize their supply chain design, improve efficiency in ordering, collaborate with other businesses, and reduce lead times to make their supply chains more stable. This study can help decision-makers make better choices and provide useful management advice.