Value Analysis on Inventory Information Sharing in Supply Chain

Abstract:

This paper attempts to illustrate the benefits of supply chain partnerships with information sharing, especially with the inventory information sharing. Based on a two-stage supply chain comprising a retailer and a manufacturer, quantitative analysis have been performed to explore supply chain members' optimal inventory control policies, specifically, both the retailer and the manufacturer can obtain performance improvement in terms of inventory cost with the inventory information sharing.

• Periodical: Advanced Materials Research (Volumes 712-715)
• Pages: 3063-3066
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.712-715.3063
• Online since: June 2013
• Authors: Li Xia Zhou, Tai Jie Li, Shi Yu Li
• Keywords: Inventory Information Sharing, Supply Chain, Total Cost

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