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Effect of demand patterns and ordering policy on the effectiveness of information sharing on a retail supply chain
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Scopus
University of the Thai Chamber of Commerce
Date Issued
2013
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Other Contributor(s)
University of the Thai Chamber of Commerce. Research Support Office
Abstract
This paper studies the effect of information sharing on the supply chain performance and compares with the traditional inventory management principles and focus on critically analyzing the performance of information sharing retail supply chain in presence of demand pattern and order policies. The models were developed to access the supply chain performance in both environments by Monte Carlo. The KPIs are average inventory, total sales, lost sales, total profit and average order fill rate. Theresults of this study support that information sharing significantly improves the performance of the supply chain in terms of all the selected performance measures.
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University of the Thai Chamber of Commerce
Bibliographic Citation
Kasina Watanarawee, Manisra Baramichai (2013) Effect of demand patterns and ordering policy on the effectiveness of information sharing on a retail supply chain. WIT Transactions on Engineering Sciences, 709-715.
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