2004Journal of systems engineeringRequires access

Quantifying value of information sharing in supply chain: Research by simulating based on agent

Liu Sanya

Open publisher page 1 citations

Abstract

For supply chain management, the quantitative value of information will redound to coordination among supply chain members and carrying out the strategy of information sharing. So a three-level supply chain with nonlinear demand process AR(1) is considered and modeled by agent. At the same time, (agent's) architecture, inter-agent interaction, agents' decision-making and the operation process of the supply chain system based agent are discussed in detail. On this basis, the value of information sharing was studied by simulation. In the simulation, the value of information sharing and its distribution among the whole supply chain system as well as every supply chain members are analyzed. Further, the effect on the cost structure of distributor is discussed.

About this research paper

What this paper is about

For supply chain management, the quantitative value of information will redound to coordination among supply chain members and carrying out the strategy of information sharing. So a three-level supply chain with nonlinear demand process AR(1) is considered and modeled by agent. At the same time, (agent's) architecture, inter-agent interaction, agents' decision-making and the operation process of the supply chain system based agent are discussed in detail. On this basis, the value of information sharing was studied by simulation. In the simulation, the value of information sharing and its distribution among the whole supply chain system as well as every supply chain members are analyzed. Further, the effect on the cost structure of distributor is discussed.

Why it matters

OpenAlex reports 1 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

For supply chain management, the quantitative value of information will redound to coordination among supply chain members and carrying out the strategy of information sharing. So a three-level supply chain with nonlinear demand process AR(1) is considered and modeled by agent. At the same time, (agent's) architecture, inter-agent interaction, agents' decision-making and the operation process of the supply chain system based agent are discussed in detail. On this basis, the value of information sharing was studied by simulation. In the simulation, the value of information sharing and its distribution among the whole supply chain system as well as every supply chain members are analyzed. Further, the effect on the cost structure of distributor is discussed.

Key concepts: Supply chain, Information sharing, Computer science, Service management, Supply chain management, Process (computing), Value of information, Value (mathematics)

Related papers

Back to paper searchBrowse research topicsOriginal source
Quantifying value of information sharing in supply chain: Research by simulating based on agent — Research Paper | ScholarLens