Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/13279
Title: Benefits of information sharing with supply chain partnerships
Authors: Yu, Z
Yan, H 
Cheng, TCE 
Issue Date: 2001
Source: Industrial management and data systems, 2001, v. 101, no. 3, p. 114-119
Abstract: The power of information technology can be harnessed to help supply chain members establish partnerships for better supply chain system performance. Supply chain partnerships can mitigate deficiencies associated with decentralized control and reduce the "bullwhip effect". This study illustrates the benefits of supply chain partnerships based on information sharing. For a decentralized supply chain comprising a manufacturer and a retailer, we derive the members' optimal inventory policies under different information sharing scenarios. We show that increasing information sharing among the members in a decentralized supply chain will lead to Pareto improvement in the performance of the entire chain. Specifically, the supply chain members can reap benefits in terms of reductions in inventory levels and cost savings from forming partnerships with one another. A case study is provided for illustration.
Keywords: Decentralization supply chain
Information exchange
Pareto analysis
Partnering
Publisher: Emerald Group Publishing Limited
Journal: Industrial management and data systems 
ISSN: 0263-5577
EISSN: 1758-5783
DOI: 10.1108/02635570110386625
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