Understanding the value of upstream inventory information sharing in supply chain networks

Srivathsan, Sandeep; Kamath, Manjunath

doi:10.1016/j.apm.2017.09.004

Cited by 17 publications

(12 citation statements)

References 27 publications

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“…Shnaiderman and Ouardighi [16] focus on partial demand IS and show that various levels of IS can reduce the SC costs. Srivathsan and Kamath [24] study partial inventory IS on overall system performance. In their study, the inventory level is shared as low, medium and high.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Information Sharing on Different Performance Indicators in a Multi-Level Supply Chain

2021

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Enterprises can use different methods/principles to obtain competitive advantages. Information sharing (IS) among supply chain (SC) partners is also one of these methods used in enterprises and it has positive effects on overall system performance like reduced inventory level, decreased cost, bullwhip effects and increased profit. In this paper, our aim is to present the impacts of IS on different costs like ordering, holding and penalty costs of each SC member and total system costs in multi SC. We want to show the effects of sharing different types of information simultaneously or separately on SC partners as cost change. Besides, this paper presents the situation of order quantity estimation according to the proximity of actual order quantity in decentralized or centralized demand sharing. A model is developed to determine IS influence on the cost of SC partners. Various IS scenarios are studied in this paper. The customer demand, warehouse order quantity and warehouse-manufacturer lead time are the shared information of scenarios. Results are tested and analysed by using analysis of variance (ANOVA).The findings of this study show that IS especially simultaneously sharing reduces system costs. Lead time sharing provides the lowest cost between other types of sharing. For every system member, holding cost reduces the most during IS. The more accurate demand forecasting is performed in centralized demand sharing compared to decentralized sharing.

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Section: Literature Reviewmentioning

confidence: 99%

The Impact of Information Sharing on Different Performance Indicators in a Multi-Level Supply Chain

2021

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“…Source Enhance customer service [40], [27], [37] Lower transaction costs [37], [38] , [22] Real time information obtain [39] , [22] Decrease stock level [39] Cut down transportation cost [40], [22] Increase transport performance [40] Enhance communication [39] , [40] Reduce labour cost [39] , [22] Increase productivity [9], [27] Facilitate high quality information deliver [37] , [22] , [27] Elimination of manual processing mistake [39] Improve product information transparency [39] , [13] Eliminate product, pallet and truck counting and location error [22] Facilitate transfer of knowledge [16] Enhance planning procedure [41] , [27] Enhance decision making [41] , [22] Assist prediction [41] , [ [41] , [22] , [37] , [27] Improve SC visibility [29], [25] Strengthen security and reducing damage [22] Minimise out of stock [22] Sharing risk with partner [22] Broaden market [40] , [22] Sharing capital …”

Section: Impactsmentioning

confidence: 99%

Information Technology for Supply Chain Management: Literature Review

Sorooshian¹

2020

IJATCSE

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The technological growth of internet services and devices has enabled users easier access to online information. IT (Information Technology) is a necessity for all industries. Without IT, effective SCM (supply chain management) is unachievable. Thus, the development and adoption of IT has become a common phenomenon in SCM. The objective of the article is to list the impacts of IT on SCM by reviewing existing literatures. This article is a literature review. This review uncovers a better understanding of IT adoption and their role on SCM.

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“…Moreover, the research results of reference [27] show that information sharing will lead to the loss of suppliers. Although information sharing among the supply chain network partners is a key strategy to address the availability of inventory [37], the main beneficiary of the information sharing is usually the warehouse, which receives approximately two-thirds of the benefit. Thus, incentives and revenue sharing contracts should be implemented to motivate and balance the benefits between supply chain partners [38].…”

Section: Literature Review a Supply Chain Information Collaboration Or Information Sharingmentioning

confidence: 99%

Supply Chain Logistics Information Collaboration Strategy Based on Evolutionary Game Theory

Zhang

Xue

et al. 2020

IEEE Access

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Supply chain logistics information collaboration (SCLIC) is the basis and premise of supply chain logistics collaboration. An effective logistics information collaboration strategy can improve enterprises' chances of success in a new partnership in the supply chain. However, SCLIC is usually difficult to be achieved because of the complexity of the impact factor, strategy evolution process, and stability strategies. We propose an evolutionary game theory-based SCLIC strategy to solve this problem. Firstly, we build an evolutionary game model of SCLIC based on a two-echelon supply chain composed of suppliers and manufacturers. The strategy evolution game of suppliers, manufacturers, and the combination of manufacturers and suppliers are analyzed based on benefit maximization. The evolutionary stability strategy (ESS) is determined. Secondly, we analyze the impact of the relevant parameters on the strategy evolution process. And we use a comprehensive simulation to examine the efficiency of the proposed model. Finally, some managerial insights are presented for the supply chain enterprises to promote the realization of SCLIC.INDEX TERMS Supply chain logistic information collaboration, evolutionary game theory, evolutionary stability strategy. ABBREVIATIONS EGTEvolutionary game theory ESS Evolutionarily stable strategy NIS Neighborhood invader strategy SCIS Supply chain information sharing SCLIC Supply chain logistics information collaboration SCM Supply chain management

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Understanding the value of upstream inventory information sharing in supply chain networks

Cited by 17 publications

References 27 publications

The Impact of Information Sharing on Different Performance Indicators in a Multi-Level Supply Chain

The Impact of Information Sharing on Different Performance Indicators in a Multi-Level Supply Chain

Information Technology for Supply Chain Management: Literature Review

Supply Chain Logistics Information Collaboration Strategy Based on Evolutionary Game Theory

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