A serial supply chain of newsvendor problem with safety stocks under complete and partial information sharing

Jeong, In-Jae; Leon, V. Jorge

doi:10.1016/j.ijpe.2011.08.015

Cited by 25 publications

(14 citation statements)

References 17 publications

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“…Reciprocity is a moral norm, and it refers to an equal exchange in quantity among partners [46]; that is, reciprocal behavior can bring an equal interest in money to both parties. However, the amount of information sharing is difficult to measure quantitatively; as a kind of abstract exchange, it must be symmetrical, transparent, timely, and efficient [47,48]. Knowledge and information sharing can promote the quality of the social exchange relationship [49].…”

Section: Social Exchange Normsmentioning

confidence: 99%

Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms

Wang

Fang

2019

Advances in Civil Engineering

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Trust and control are the two main governance mechanisms in megaprojects. However, the role of social exchange norms in trust and control governance remains unclear. Based on social exchange theory, we explored the impact of control and trust on megaproject success by considering the mediating effect of social exchange norms, which include reciprocity, negotiation, and information sharing. Partial least squares structural equation modeling was used to test the hypotheses based on data collected from 155 respondents. Results show that control and trust have positive effects on megaproject success. Trust can promote social exchange norms. That is, the higher the level of trust is, the greater the likelihood that reciprocity, negotiation, and information sharing will increase. Control does not have a significant impact on social exchange norms. Social exchange norms have a mediating effect on the relationship between trust and megaproject success but not on the link between control and megaproject success. Our findings fill in the gaps in the literature on megaproject governance and contribute to the development of megaproject management theory, which can help project managers understand the motivation orientations of all parties to make decisions wisely and rationally under complex environments.

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Section: Social Exchange Normsmentioning

confidence: 99%

Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms

Wang

Fang

2019

Advances in Civil Engineering

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“…This leads firms to keep larger inventories of products and/or components to mitigate risks of shortages due to potential market demand changes, a phenomenon known as the "bullwhip effect" (Lee et al, 1997). The bullwhip effect may explain why many studies have highlighted the fact that information sharing is a critical factor in supply chain performance (Narasimhan and Nair, 2005;Jeong and Leon, 2012). Further, a well-defined supply chain is based on the existence of collaborative behaviors on which a mutual decision-making process is established, to achieve common goals (Smith et al, 2007;Vachon and Klassen, 2008).…”

Section: Collaboration Intensity In Supply Chainsmentioning

confidence: 99%

Impacts of adaptive collaboration on demand forecasting accuracy of different product categories throughout the product life cycle

Nagashima

Wehrle

Kerbache

et al. 2015

Supply Chain Management: An International Journal

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Purpose – This paper aims to empirically analyze how adaptive collaboration in supply chain management impacts demand forecast accuracy in short life-cycle products, depending on collaboration intensity, product life-cycle stage, retailer type and product category. Design/methodology/approach – The authors assembled a data set of forecasts and sales of 169 still-camera models, made by the same manufacturer and sold by three different retailers in France over five years. Collaboration intensity, coded by collaborative planning forecasting and replenishment level, was used to analyze the main effects and specific interaction effects of all variables using ANOVA and ordered feature evaluation analysis (OFEA). Findings – The findings lend empirical support to the long-standing assumption that supply chain collaboration intensity increases demand forecast accuracy and that product maturation also increases forecast accuracy even in short life-cycle products. Furthermore, the findings show that it is particularly the lack of collaboration that causes negative effects on forecast accuracy, while positive interaction effects are only found for life cycle stage and product category. Practical implications – Investment in adaptive supply chain collaboration is shown to increase demand forecast accuracy. However, the choice of collaboration intensity should account for life cycle stage, retailer type and product category. Originality/value – This paper provides empirical support for the adaptive collaboration concept, exploring not only the actual benefits but also the way it is achieved in the context of innovative products with short life cycles. The authors used a real-world data set and pushed its statistical analysis to a new level of detail using OFEA.

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“…Many studies highlight the importance of information sharing to enhance supply chain integration and the overall operations performance (Prajogo and Olhager 2012;Lai, Wong, and Lam 2015;Wu, Chuang, and Hsu 2014;Jeong and Leon 2012;Narasimhan and Nair 2005). If information can be shared effectively, shipping costs could be reduced by up to US$300 per container (Seatrade 2018b).…”

Section: Information Sharingmentioning

confidence: 99%

Blockchain adoptions in the maritime industry: a conceptual framework

Lam

2020

Maritime Policy & Management

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Blockchain technology has become one of the emerging technologies set to disrupt the maritime industry. Maritime companies are increasingly exploring to adopt blockchain to stay ahead of competition. However, studies on blockchain applications in the maritime sector have been scarce and most of them are confined to a specific sector like the maritime shipping sector. Therefore, this study is motivated to provide a thorough analysis of blockchain applications from the perspectives of different sectors in the industry. It also aims to develop a novel conceptual framework to provide a holistic view of blockchain adoption in the industry and guide future research. The implication analysis of blockchain adoption indicates that for industry organisations, a good understanding of blockchain and their own specific problems and requirements is key before adopting the technology. For government agencies, technical code for blockchain can be utilised to govern blockchain innovation with the same effects as legal code. Lastly, recommendations are provided to various maritime stakeholders to seize the emerging opportunities provided by blockchain and mitigate relevant risks.

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A serial supply chain of newsvendor problem with safety stocks under complete and partial information sharing

Cited by 25 publications

References 17 publications

Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms

Impact of Control and Trust on Megaproject Success: The Mediating Role of Social Exchange Norms

Impacts of adaptive collaboration on demand forecasting accuracy of different product categories throughout the product life cycle

Blockchain adoptions in the maritime industry: a conceptual framework

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