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What is Value of Information Sharing in Supply Chains about?

This feasibility study compares traditional supply chain inventory management where only orders are shared between firms to a model where demand and inventory data can be shared quickly due to information technology. The study finds that allowing full sharing of information reduces supply chain costs by an average of 2.2% compared to only sharing orders, with a maximum savings of 12.1%. Faster order processing and smaller batch sizes due to information technology provide even greater average cost savings of

Author

Klara Smmee

Language

EN