Comparing the value of information sharing under different inventory policies in construction supply chain

Xue, Xiao; Shen, Geoffrey Qiping; Tan, Yongtao; Yu, Zhang; Fan, Hongqin

doi:10.1016/j.ijproman.2011.04.003

Cited by 41 publications

(21 citation statements)

References 37 publications

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“…For example, at the construction site, an information platform integrated with Radio Frequency Identification or Machine Vision Technology helps stakeholders to locate equipment ( Jog et al, 2011). Between stakeholders, such as contractors and suppliers, having a linked database reduces the probability of a material shortfall (Xue et al, 2011). Such is also applicable to the OM supply chain, where the Building Automation System not only helps with the daily building management, but by linking it up with the information platforms of vendors of mechanical systems installed, response during breakdown will be more effective.…”

Section: Discussionmentioning

confidence: 99%

Strategies for integrating design and construction and operations and maintenance supply chains in Singapore

Ling

Toh

Kumaraswamy³

et al. 2014

Structural Survey

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Purpose -The purpose of this paper is to investigates strategies for achieving better integration between the design and construction (DC) and operation and maintenance (OM) supply chains in Singapore. The specific objectives are to: discover the goals that stakeholders want to achieve in integrating the supply chains; identify the stakeholders that play important integration role in each supply chain; and investigate the effective strategies that may yield better integration of the supply chains. Design/methodology/approach -Data were collected using a structured questionnaire. The sampling frame was Singapore-based clients, consultants and construction firms involved in developing and managing built facilities. Findings -The most important strategies for integrating the supply chains are: sharing relevant information and addressing sustainability issues jointly with DC and OM teams; and integrating life cycle optimization options in DC and OM supply chains.Research limitations/implications -The limitations include low response rate, and the subjective nature of a Likert scale which was used to rate importance levels. The research implication is that activities in DC and OM supply chains can indeed be integrated, and this leads to higher value for all stakeholders. Practical implications -The practical implication is that stakeholders could adopt the effective strategies identified by this study to foster closer integration of the two supply chains in Singapore. Teams from both supply chains need to work jointly instead of consecutively. Sharing information through an online platform by setting up a web-based database may help in their collaboration. It is also important that common goals need be set out at the onset, preferably by clients of built facilities, with strong buy-in by main contractors and consultants, so as to achieve better value. Originality/value -The study revealed effective strategies for integrating DC and OM supply chains.

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Section: Discussionmentioning

confidence: 99%

Strategies for integrating design and construction and operations and maintenance supply chains in Singapore

Ling

Toh

Kumaraswamy³

et al. 2014

Structural Survey

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“…Risk measurement Value at risk (VaR) measures the largest amount of loss within a certain time period at a given confidence level [6,21,22]. For facilitating the understanding of risks and benefiting supply chain risk management, VaR is used here with a statistical confidence of 95%.…”

Section: Ementioning

confidence: 99%

“…The importance of information sharing in supply chains has been well-studied [5][6][7][8][9][10][11][12][13] and there is consensus that information sharing based on long-term cooperation and coordination is useful for the improvement of companies' competitive advantages. However, there is still a lack of information sharing within companies nowadays.…”

Section: Introductionmentioning

confidence: 99%

A model to evaluate risk propagation considering effect of dynamic risk information sharing and multi-sourcing in supply chain networks

Ponnambalam

et al. 2015

2015 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)

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The cost-optimal trend in global competitive environment has led to lean, complex and consequently vulnerable supply chains. This vulnerability is high due to the presence of increasing dependency in lean supply chain networks. Hence, it is essential for companies to regulate the supply chain network structure and information sharing strategies so as to be more resilient to disruptions/risks. In order to achieve this objective, it is imminent to analyze as to how best to quantify and examine the robustness of their supply chain networks under disruptions.Here, we propose an analytical model to assist companies to evaluate dynamic risk propagation and quantify likely disruption loss in supply chain networks with the consideration of the effect of multiple sourcing and information sharing on risk propagation. Mean loss and Value at risk (VaR) is employed to quantify the potential loss due to disruptions.

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“…This study also reported that the potential total SC cost savings up to 9.7% have been shown, with increased savings occurring with reduced system capacity. A comparative study on the value of IS under different inventory policies in construction SC is done by Xue et al (2011).They reported that Q system is better than P system under no IS and P system is better than Q system under IS for contractor's service level. A study on the significance of vertical IS on SC performance incorporating buyer's expectations under various conditions (Karabatı and Sayın, 2008) is also reported in literature.…”

Section: Introductionmentioning

confidence: 99%

Effect of information sharing on the performance of a four stage serial supply chain under back order and lost sale situations

Ambilikumar

Bhasi

Madhu

2016

IJSCIM

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In any supply chain (SC) system, information sharing is very important as it supports other SC drivers to enhance coordination and it thereby improves the performance of the entire SC. The objective of this study is to analyse the performance of a four level serial SC under eight different kinds of information sharing cases, with backorder and lost sales situations. The study has been done using experiments on SC simulation game software called 'SC role play game'. Steady state results from the game under different cases have been used to understand the behaviour under different information sharing cases. The data generated under different cases were subjected to statistical analysis to check for significant impact on performance between cases. The results show that the 'traditional' way of information sharing produces least performance and 'demand and SC performance' information sharing provides best performance for the SC under both backorder and lost sales situations. It is also seen that the performance improvement with better information sharing is more in the case of lost sales situation compared to backorder situation.

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Comparing the value of information sharing under different inventory policies in construction supply chain

Cited by 41 publications

References 37 publications

Strategies for integrating design and construction and operations and maintenance supply chains in Singapore

Strategies for integrating design and construction and operations and maintenance supply chains in Singapore

A model to evaluate risk propagation considering effect of dynamic risk information sharing and multi-sourcing in supply chain networks

Effect of information sharing on the performance of a four stage serial supply chain under back order and lost sale situations

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