Study on Value of Information Synergy in Steel Closed-Loop Supply Chain Based on Response Time

Li Na Fang; Shu Qi Liu

doi:10.4028/www.scientific.net/AMM.220-223.285

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 220-223Study on Value of Information Synergy in Steel...

Study on Value of Information Synergy in Steel Closed-Loop Supply Chain Based on Response Time

Abstract:

To study significance of information synergy achievement to steel closed-loop supply chain. Using research of supply chain response time for reference, this paper studied value of information synergy in steel closed-loop supply chain. Profit model of information synergy and profit of steel closed-loop supply chain in a two modes closed-loop supply chain that consisted of one steel enterprise and a seller was constructed in this paper. The result shows that within a certain range, as information synergy increases, benefit of steel closed-loop supply chain increases too. The study has an important role in research on information synergy in steel closed-loop supply chain. It also supports research for information synergy.

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Periodical:

Applied Mechanics and Materials (Volumes 220-223)

Pages:

285-289

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.220-223.285

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Online since:

November 2012

Authors:

Li Na Fang, Shu Qi Liu

Keywords:

Closed-Loop Supply Chain, Information Synergy, Response Time, Steel

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