Journal ArticleDOI
The Value of Information Sharing in a Two-Level Supply Chain
TLDR
In this article, a simple two-level supply chain with nonstationary end demands is analyzed and the authors show that the value of demand information sharing can be quite high, especially when demands are significantly correlated over time.Abstract:
Many companies have embarked on initiatives that enable more demand information sharing between retailers and their upstream suppliers. While the literature on such initiatives in the business press is proliferating, it is not clear how one can quantify the benefits of these initiatives and how one can identify the drivers of the magnitudes of these benefits. Using analytical models, this paper aims at addressing these questions for a simple two-level supply chain with nonstationary end demands. Our analysis suggests that the value of demand information sharing can be quite high, especially when demands are significantly correlated over time.read more
Citations
More filters
Book ChapterDOI
Supply Chain Coordination with Contracts
TL;DR: This chapter extends the newsvendor model by allowing the retailer to choose the retail price in addition to the stocking quantity, and discusses an infinite horizon stochastic demand model in which the retailer receives replenishments from a supplier after a constant lead time.
Journal ArticleDOI
Perspectives in supply chain risk management
TL;DR: In this paper, the authors present a review of various quantitative models for managing supply chain risks and relate various supply chain risk management strategies examined in the research literature with actual practices, highlighting the gap between theory and practice, and motivate researchers to develop new models for mitigating supply chain disruptions.
Journal ArticleDOI
Supply Chain Inventory Management and the Value of Shared Information
TL;DR: In traditional supply chain inventory management, orders are the only information firms exchange, but information technology now allows firms to share demand and inventory data quickly and inexpensively, and it is concluded that implementing information technology to accelerate and smooth the physical flow of goods through a supply chain is significantly more valuable.
Journal ArticleDOI
Firm performance impacts of digitally enabled supply chain integration capabilities
TL;DR: The results suggest that integrated IT infrastructures enable firms to develop the higher-order capability of supply chain process integration, which results in significant and sustained firm performance gains, especially in operational excellence and revenue growth.
Journal ArticleDOI
Environmental management and manufacturing performance: The role of collaboration in the supply chain
Stephan Vachon,Robert D. Klassen +1 more
TL;DR: In this article, the impact of environmental collaborative activities on manufacturing performance was examined using a survey of North American manufacturers, and it was found that the benefits of collaborative green practices with suppliers were broadest, while collaboration with customers yielded mixed outcomes.
References
More filters
Journal ArticleDOI
Information distortion in a supply chain: the bullwhip effect
TL;DR: The authors analyzes four sources of the bullwhip effect: demand signal processing, rationing game, order batching, and price variations, and shows that the distortion tends to increase as one moves upstream.
Journal ArticleDOI
Supply Chain Inventory Management and the Value of Shared Information
TL;DR: In traditional supply chain inventory management, orders are the only information firms exchange, but information technology now allows firms to share demand and inventory data quickly and inexpensively, and it is concluded that implementing information technology to accelerate and smooth the physical flow of goods through a supply chain is significantly more valuable.
Journal ArticleDOI
Quantifying the Bullwhip Effect in a Simple Supply Chain: The Impact of Forecasting, Lead Times, and Information
TL;DR: In this article, the authors quantify the effect of the bullwhip effect on simple two-stage supply chains consisting of a single retailer and a single manufacturer and demonstrate that the effect can be reduced by centralizing demand information.
Book
Foundations of Inventory Management
TL;DR: In this article, one item with a constant demand rate and time-varying demands is described. But, the model is based on a single item with constant lead times.
Book
A logit model of brand choice calibrated on scanner data
TL;DR: A multinomial logit model of brand choice, calibrated on 32 weeks of purchases of regular ground coffee by 100 households, shows high statistical significance for the explanatory variables of brand loyalty, size loyalty, presence/absence of store promotion, regular shelf price and promotional price cut as discussed by the authors.