2011Int. J. Electron. Bus. Manag.Requires access

A DATA QUALITY MODEL OF INFORMATION-SHARING IN A TWO-LEVEL SUPPLY CHAIN

Pei-Chi Chen, Philip M. Wolfe

Open publisher page 12 citations

Abstract

Data quality affects decision quality. In any forecasting and estimation model, the quality of the forecast data or the estimated data needs to be evaluated before using for decision-making. In two-level supply chain model, the retailer collects the sales information and use it to forecast the future demands over the lead-time, and the manufacturer collects the information about retailer's orders and its sales data (if possible) to forecast the future demand over the external supplier's lead-time. However, the quality of the forecast data will decrease and needs to be measured as the time period increases. Hence a quality dimension is needed in this case for indicating the quality level of the estimate. This research defines a quality dimension, “reliability”, and provides a mathematical method to measure the reliability level of the forecast data under two cases: information sharing and non-information sharing [7]. With the outcome of the method, a score ranging from 0 to 1 (including 0 and 1) can be obtained to measure the reliability level associated with the forecast value. This can be a much meaningful indicator for representing the forecast data, thus being helpful for management level to make the right decision.

About this research paper

What this paper is about

Data quality affects decision quality. In any forecasting and estimation model, the quality of the forecast data or the estimated data needs to be evaluated before using for decision-making. In two-level supply chain model, the retailer collects the sales information and use it to forecast the future demands over the lead-time, and the manufacturer collects the information about retailer's orders and its sales data (if possible) to forecast the future demand over the external supplier's lead-time. However, the quality of the forecast data will decrease and needs to be measured as the time period increases. Hence a quality dimension is needed in this case for indicating the quality level of the estimate. This research defines a quality dimension, “reliability”, and provides a mathematical method to measure the reliability level of the forecast data under two cases: information sharing and non-information sharing [7]. With the outcome of the method, a score ranging from 0 to 1 (including 0 and 1) can be obtained to measure the reliability level associated with the forecast value. This can be a much meaningful indicator for representing the forecast data, thus being helpful for management level to make the right decision.

Why it matters

OpenAlex reports 12 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

Data quality affects decision quality. In any forecasting and estimation model, the quality of the forecast data or the estimated data needs to be evaluated before using for decision-making. In two-level supply chain model, the retailer collects the sales information and use it to forecast the future demands over the lead-time, and the manufacturer collects the information about retailer's orders and its sales data (if possible) to forecast the future demand over the external supplier's lead-time. However, the quality of the forecast data will decrease and needs to be measured as the time period increases. Hence a quality dimension is needed in this case for indicating the quality level of the estimate. This research defines a quality dimension, “reliability”, and provides a mathematical method to measure the reliability level of the forecast data under two cases: information sharing and non-information sharing [7]. With the outcome of the method, a score ranging from 0 to 1 (including 0 and 1) can be obtained to measure the reliability level associated with the forecast value. This can be a much meaningful indicator for representing the forecast data, thus being helpful for management level to make the right decision.

Key concepts: Reliability (semiconductor), Quality (philosophy), Supply chain, Data quality, Dimension (graph theory), Computer science, Measure (data warehouse), Demand forecasting

Related papers

Back to paper searchBrowse research topicsOriginal source
A DATA QUALITY MODEL OF INFORMATION-SHARING IN A TWO-LEVEL SUPPLY CHAIN — Research Paper | ScholarLens