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Watanarawee, Kasina and Baramichai, Manisra (2013) Effect of demand patterns and ordering policy on the effectiveness of information sharing on a retail supply chain. WIT Transactions on Engineering Sciences. pp. 709-715.

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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. The results of this study support that information sharing significantly improves the performance of the supply chain in terms of all the selected performance measures.

Item Type: Article
Uncontrolled Keywords: Information sharing; Inventory management; Retail supply chain; Risk management; Simulation
Subjects: Engineering > Business Engineering
Divisions: Research Center > Research Support Office
Depositing User: Miss Niramol Sudkhanung
Date Deposited: 22 Jun 2016 08:34
Last Modified: 22 Jun 2016 08:34
URI: http://eprints.utcc.ac.th/id/eprint/5697

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