Insights on Partial Information Sharing in Supply Chain dynamics

Abstract

Abstract-This paper provides an assessment of partial Information Sharing (IS) in Supply Chain (SC). We study the dynamics of collaborative multi-echelon structure, characterized by an increasing level of information visibility among partners. To do so, we mathematically model six four-echelon serial SCs via difference equations and conduct numerical simulations on the basis of a robust design of experiment. Results shows how (1) as the extent of IS increases, the performance of whole SC improves as well, and (2) the impact of IS depends not on which particular members are involved but on the number of collaborative members.

Supply Chain Information Collaborative Simulation Model Integrating Multi-Agent and System Dynamics

“…It is found that the key problem of supply chain collaboration at this stage is the bullwhip effect caused by the inability to share information, which leads to the failure of supply chain enterprises to achieve global optimisation. This problem is not specific to a particular type of supply chain, it is very general [3,4]. Therefore, in order to realise the collaborative optimisation of the supply chain, information collaboration is the most important to achieve.…”