Analysis of Factors Affecting the Benefits of Demand Information Sharing

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dc.contributor.authorJin, Hyun-Woong
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2019-09-16T08:54:22Z
dc.date.available2019-09-16T08:54:22Z
dc.description.abstractSharing customer demand information across the supply chain is known to be an effective approach to improve the performance of the whole supply chain. However, demand information sharing between companies requires a large amount of budget and leads to a change in the work process within the organization. Therefore, it is necessary to verify whether the sharing of customer demand information is beneficial to the company or not by considering their business environment. This paper aims to analyze the benefits of demand information sharing between companies in various business environments in order to provide managerial implications for the companies considering the adoption of a collaborative inventory management policy with external companies. This research uses a simulation approach based on system dynamics to model the considered supply chain and to explore its performance. For the simulation test, two types of simulation models were developed which represent a supply chain without information sharing and a supply chain with information sharing. Test results were analyzed in terms of the bullwhip effect, the inventory level and the stockout rate of the retailer. The results of this research may help practitioners to understand the dynamics of supply chain when the customer demand is shared. These understandings could help them to make a decision on adopting a collaborative inventory management policy based on the demand information sharing. The originality of this paper is that it deals with various business environments which are rarely considered in the previous researches. These include the length of ordering cycle, the maximum size of ordering quantity, backlog versus lost sales and the type of information shared.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2019-3-013
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.orcid0000-0001-8787-8454 Jin, Hyun-Woong
dc.identifier.urihttps://dspace.tul.cz/handle/15240/153582
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectinformation sharingen
dc.subjectsystem dynamicsen
dc.subjectsimulationen
dc.subjectbullwhip effecten
dc.subjectcollaborative inventory managementen
dc.subject.classificationM10
dc.subject.classificationM11
dc.subject.classificationC63
dc.titleAnalysis of Factors Affecting the Benefits of Demand Information Sharingen
dc.typeArticleen
local.accessopen
local.citation.epage219
local.citation.spage204
local.facultyFaculty of Economics
local.filenameEM_3_2019_13
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue3
local.relation.volume22
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