Information Sharing along the Global Textile Supply Chain for Maximizing their Added Values

Abstract

Information flows within global textile supply chains and between supply chains stakeholders should be suppressed as much as possible so as to maximize the added value of textile products when they move along the supply chain process. However, information flows between supply chain stakeholders with their corresponding distinct supply chains should not be suppressed in order to make sure that the supply meets the demand effectively and efficiently. Because stakeholders reduce the bullwhip effect by ordering the commercial textiles’ consignments based on the demand order sizes which they get from their downstream firms by means of information sharing technology. Out of many reengineering efforts taken by many textile supply chain giants to improve their supply chain operating efficiencies, information sharing between partners is one key initiative and sharing sales information is a significant strategy to counter bullwhip effect. Hence, it is high time; textile scientist as well as the merchandisers gave thought in this segment of global textile supply chain and maximized the revenue by means of information sharing from backward linkage industries to forward linkage industries.