Impact of information sharing on supplier-buyer relationship and supply chain performance
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Date
2016-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Sri Lanka Society for Transport and Logistics
Abstract
Description
Supply chain management is defined as the integration of key business processes, from original supplier to end-user, to provide products, services and information. Supply chain management has emphasised the overall and long-term benefit of all parties on the chain through cooperation and information sharing. In the current competitive context, information is a vital factor in any supply chain as a primary driver and it has become a crucial activity in supply chain management [2]. The proper information sharing within a supply chain allows firms to access data across their supply chains, allowing them to collaborate in activities such as sales, production, and logistics and ultimately enhance the supply chain performance through integrated information network [3]. However, the benefits of sharing information among supply chain members are not always the same as they depend on the supply chain structure and its operational characteristics. World leading companies have successfully adapted supply chain management concepts in to practice and have successfully reached to the competitive edge within their own market segments. For instance, Zara, Apple, Proctor & Gamble, Walmart have secured their supply chain through the established information sharing network and strategies based on information sharing and collaboration.
Keywords
Information, Information sharing, Supplier-buyer relationship, Supply chain performances
Citation
Wickramanayake, R., & Jayaratne, P. (2016). Impact of information sharing on supplier-buyer relationship and supply chain performance [Extended Abstract]. In T.L. Gunaruwan (Ed.), Proceedings of 1st International Conference on Research for Transport and Logistics Industry 2016 (pp. 157-160). Sri Lanka Society of Transport and Logistics. https://slstl.lk/r4tli-2016/