Evaluation of the Efficiency of Information Sharing Policies Using a TOPSIS Method in Materials Supply Chain

Hong Wei Wang; Yu Song Yan

doi:10.4028/www.scientific.net/AMR.675.47

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HomeAdvanced Materials ResearchAdvanced Materials Research Vol. 675Evaluation of the Efficiency of Information...

Evaluation of the Efficiency of Information Sharing Policies Using a TOPSIS Method in Materials Supply Chain

Abstract:

Information sharing is an important component of coordination in materials supply chain. Proper selection of information sharing policy has a significant impact on materials supply chain performance, especially in reducing costs and raising customer-service levels. However, it has long debated how the different policies affect the materials supply chain performance. This paper designs different information-sharing policies to analyze the supply chain performance through a simulation model. Finally, a technique for order performance by similarity to ideal solution (TOPSIS) method is used to evaluate the overall performance of each information-sharing policy.

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Periodical:

Advanced Materials Research (Volume 675)

Pages:

47-50

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.675.47

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Online since:

March 2013

Authors:

Hong Wei Wang, Yu Song Yan

Keywords:

Information Sharing Policy, Materials Supply Chain, Simulation, TOPSIS

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