Value of Information in Capacitated Supply Chains
Management Science
A supply chain diagnostic methodology: determining the vector of change
Computers and Industrial Engineering - Supply chain management
A Single-Item Inventory Model for a Nonstationary Demand Process
Manufacturing & Service Operations Management
Manufacturing & Service Operations Management
The Value of Information Sharing in a Two-Level Supply Chain
Management Science
Evolution of ARMA Demand in Supply Chains
Manufacturing & Service Operations Management
Management Science
Information Sharing in a Supply Chain Under ARMA Demand
Management Science
On conflict and cooperation in a two-echelon inventory model for deteriorating items
Computers and Industrial Engineering
Information Sharing Strategies in Business-to-Business E-Hubs: An Agent-Based Study
International Journal of Intelligent Information Technologies
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Using a real-life data set, we investigate the benefit of sharing market sales information in a setting where a theoretical model argues there is no benefit from such a collaboration scheme. The set of real Electronic Point Of Sales (EPOS) data and the orders that were placed by a retailer to a suppler was used. We have focused on products that operate under an every day low price strategy. To measure the benefit of the second echelon player the Standard Deviation of the Prediction Errors (SDPE) is used as this is linearly related to inventory costs. It is revealed that the second echelon player can reduce its SDPE by between 8% and 19% by exploiting the shared EPOS data, suggesting that there is a benefit to information sharing. Furthermore, it is proposed that the noise element that is originally contained in the EPOS series is the major source of the information sharing benefit.