Paper Title:
The Effect of Information Sharing on the Dynamics of a Two-Stage Supply Chain
  Abstract

In this paper, the effect of information sharing on the dynamics of a two-stage supply chain is investigated by switched system theory and discrete system control theory. The supply chain consists of one retailer and one distributor with a kind of order-up-to policy as the control law, and where the retailer’s forecasted demands are shared with the distributor, inventory constraint is considered too. The stability area of the different modes of the supply chain is given theoretically, and bifurcation diagram are used to describe the dynamics of the system by simulations. It is pointed that information sharing can make the supply chain more stable by weaken the bullwhip effect, however, the supply chain is apt to be unstable if the retailer choose to adjust its inventory unbalance radically, if so, the distributor should take a more conservative attitude to adjust its inventory unbalance. And it is also deduced that the stock level of the distributor has the critical effect on the dynamics of the supply chain.

  Info
Periodical
Key Engineering Materials (Volumes 467-469)
Edited by
Dehuai Zeng
Pages
1814-1819
DOI
10.4028/www.scientific.net/KEM.467-469.1814
Citation
H. X. Liu, C. G. Xue, "The Effect of Information Sharing on the Dynamics of a Two-Stage Supply Chain", Key Engineering Materials, Vols. 467-469, pp. 1814-1819, 2011
Online since
February 2011
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Price
$32.00
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