An O(T2) algorithm for the NI/G/NI/ND capacitated lot size problem
Management Science
Information distortion in a supply chain: the bullwhip effect
Management Science - Special issue on frontier research in manufacturing and logistics
Quick response in manufacturer-retailer channels
Management Science - Special issue on frontier research in manufacturing and logistics
Value of Information in Capacitated Supply Chains
Management Science
The Effect of Collaborative Forecasting on Supply Chain Performance
Management Science
The Value of Information Sharing in a Two-Level Supply Chain
Management Science
Quantifying the Value of Leadtime Information in a Single-Location Inventory System
Manufacturing & Service Operations Management
On ordering adjustment policy under rolling forecast in supply chain planning
Computers and Industrial Engineering
Supply chain redesign for resilience using simulation
Computers and Industrial Engineering
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This paper investigates the effects of information sharing and early order commitment on the performance of four inventory policies used by retailers in a supply chain of one capacitated supplier and four retailers. Model parameters and operating conditions are emulated from a local business supplying a standard product to its retailers. Through computer simulation and subsequent analyses, we found that the inventory policy used by the retailers, information sharing, and early order commitment can significantly influence the performance of the supply chain. Out of the four inventory policies examined, the economic order quantity rule is found to be the best for the retailers and the entire supply chain, but periodic order quantity and Silver-Meal provide the best performance for the supplier. The sharing of future order plans by the retailer and the supplier is also shown to be the most effective way for reducing the supplier's cost and improving its service level; however, the magnitude of these benefits achieved is less for the retailers. In addition, early order commitment by the retailers is found to be beneficial to the supplier and retailers in reducing their total cost.