Abstract
This paper attempts to quantify the impact of information sharing on inventory and expected cost in a multiple-echelon supply chain under a general end demand process. Three levels of information sharing in a three-echelon supply chain are given and the optimal inventory policy under each level is derived. We show that both the inventory level and expected cost of the distributor and the manufacturer decrease with an increase in the level of information sharing.
Original language | English |
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Pages (from-to) | 1-11 |
Number of pages | 11 |
Journal | International Journal of Production Economics |
Volume | 115 |
Issue number | 1 |
DOIs | |
Publication status | Published - 1 Sept 2008 |
Keywords
- Information sharing
- Inventory
- Supply chain
ASJC Scopus subject areas
- Economics and Econometrics
- Industrial and Manufacturing Engineering