Abstract

Information sharing issue is addressed in a three level supply chain with fuzzy demand. The chain consists of an upstream supplier, a manufacturer and a retailer, all of who adopt the order-up-to policy with a periodic review procedure to replenish their stock. The external demand is a fuzzy auto-correlated AR (1) process. The impact of downstream information sharing is investigated quantitatively on the supplier, and the results demonstrate that the supplier's forecast and performance, such as inventory level and average cost, have been improved through the downstream information sharing. Finally, numerical examples are provided to validate the value of information sharing and identify the sensitivity of supplier's performance to demand characteristics and replenishment lead times.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.