The Influence of Information Sharing on Supply Chain Management
Chiang Wang1 Show affiliations
- Institute of Marketing and Logistics, Southern Taiwan University of Technology, No. 1, Nan-Tai Street, Yongkang Dist., Tainan City 710, Taiwan
Physics International, Volume 1, Issue 2, pp. 83–89 · doi.org/10.3844/pisp.2010.83.89
Abstract
Problem statement: Implementing information sharing and coordination can enhance the performance of supply chain management, such as a short response time, minimum cost, low inventory and joint production and transportation. Approach: Through information sharing among all supply chain members, stable long-term relationships can be established and maintained. Results: This study uses a quantitative cost model to identify the interaction among the supply chain members and to analyze the benefits of implementing information sharing. Conclusion: Through the joint procurement, production and transportation that is made possible under information sharing, the total cost of supply chain collaboration can be optimized for better supply chain management. Moreover, a successful supply chain management system with effective strategies can also be facilitated.
Licence and reuse
Open access. This article is licensed under a Creative Commons Attribution 3.0 Licence (CC BY 3.0), as printed on the article, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original authors and the source. No permission is needed.
How to reuse this articleResponses (0)
About this article
Wang, C. (2010). The Influence of Information Sharing on Supply Chain Management. Physics International, 1(2), 83–89. https://doi.org/10.3844/pisp.2010.83.89
- Licence
- CC BY 3.0
- Issue
- Volume 1, Issue 2
- Policies
- Editorial independenceUse of generative AIData availabilityAppeals and complaints
- Version
- Version of record