Value of Sharing Production Yield Information in a Serial Supply Chain
成果类型:
Article
署名作者:
Choi, Hyun-cheol Paul; Blocher, James D.; Gavirneni, Srinagesh
署名单位:
California State University System; California State University Fullerton; Indiana University System; Indiana University Bloomington; IU Kelley School of Business; Cornell University
刊物名称:
PRODUCTION AND OPERATIONS MANAGEMENT
ISSN/ISSBN:
1059-1478
DOI:
10.3401/poms.1080.0068
发表日期:
2008
页码:
614-625
关键词:
Inventory Control
information sharing
random yield
Supply chain management
摘要:
New developments in corporate information technology Such as enterprise resource planning systems have significantly increased the flow of information among members of supply chains. However, the benefits of sharing information can vary depending on the supply chain structure and its operational characteristics. Most of the existing research has studied the impact of sharing downstream information (e.g., a manufacturer sharing information with its suppliers). We evaluate the benefits of sharing upstream yield information (e.g., a supplier sharing information with the manufacturer) in a two-stage serial supply chain in which the supplier has multiple internal processes and is faced with uncertain Output due to yield losses. We are interested in determining when the sharing of the supplier's information is most beneficial to the manufacturer. After proposing an order-up-to type heuristic policy, we perform a detailed computational study and observe that this information is most beneficial when the supplier's yield variance is high and when end-customer demand variance is low. We also find that the manufacturer's backorder-to-holding cost ratio has little, if any, impact on the usefulness of information.