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The beneficial effect of information sharing in a two-stage reverse supply chain

Son, Yooee and Kim, Taebok and Omar, Mohd Faizal (2015) The beneficial effect of information sharing in a two-stage reverse supply chain. International Journal of Procurement Management, 8 (6). pp. 688-709. ISSN 1753-8432

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Abstract

In this paper, we analyse the effect of information sharing structure in which collection and re-manufacturing capacity design is considered under the stochastic environment.We consider a two-stage reverse supply chain, which consists of single collector and single remanufacturer, and these two actors collaborate with each other to share their own information in order to get better performance from system perspective.We develop four different optimization models according to the schemes of these two actors' collaboration for information sharing.Through a numerical example, we examine the value of information sharing with consideration of variance, and identify the robustness of the models in a simulation study. From the extensive numerical analyses, we conclude that the issues who leads information sharing scheme between two actors and which information is shared can show different performance for both each individual actor and system.Furthermore, with respect to information uncertainty, the significance of variance management on return rate in a reverse supply chain is also identified.

Item Type: Article
Uncontrolled Keywords: information sharing, reverse supply chains, capacity design, newsvendor model, remanufacturing capacity, collection capacity, optimisation, modelling, simulation, information uncertainty, variance management, return rate, supply chain management, SCM
Subjects: Q Science > QA Mathematics > QA76 Computer software
Divisions: School of Quantitative Sciences
Depositing User: Dr. Mohd Faizal Omar
Date Deposited: 02 Mar 2016 06:37
Last Modified: 28 Apr 2016 01:09
URI: https://repo.uum.edu.my/id/eprint/17410

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