首页 | 本学科首页   官方微博 | 高级检索  
     


The value of information sharing in a supply chain with a seasonal demand process
Authors:Dong Won Cho  Young Hae Lee
Affiliation:Department of Industrial and Management Engineering, Hanyang University, Republic of Korea
Abstract:This paper considers a two echelon seasonal supply chain model that consists of one supplier and one retailer, with the assumption that external demand from the customer follows a seasonal autoregressive moving average (SARMA) process, including marketing actions that cannot be deduced from the other parameters of the demand process. In our model, the supplier and the retailer employ order-up-to policy to replenish their inventory. In order to evaluate the value of information sharing in a two echelon seasonal supply chain, three levels of information sharing proposed by Yu, Yan, and Cheng (2002) are used. The results for optimal inventory policies under these three levels of information sharing are derived. We show that the seasonal effect has an important impact on optimal inventory policies of the supplier under the three levels of information sharing. Our findings also demonstrate that the replenishment of lead time must be less than the seasonal period in order to benefit from information sharing. Thus, this result provides managers with managerial insights to improve supply chain performance through information sharing integration partnerships.
Keywords:Supply chain  Bullwhip effect  Information sharing  Seasonal demand process
本文献已被 ScienceDirect 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号