The Effect of Information Sharing and Inventory Management in the Supply Chain Practices on Firms’ Performance: Empirical Evidence from Some Selected Companies of Ethiopia

2020 ◽  
Author(s):  
Diriba Gabisa ◽  
Tika Saroha ◽  
Petra M Moog
Keyword(s):  
Supply Chain ◽  
Information Sharing ◽  
Empirical Evidence ◽  
Inventory Management

scholarly journals Some empirical evidence on the relationship between inventory management and social responsibility

2013 ◽  
Vol 2 (3) ◽  
pp. 98-106 ◽  
Author(s):  
Khaled Elsayed
Keyword(s):  
Supply Chain ◽  
Social Responsibility ◽  
Empirical Evidence ◽  
Inventory Management ◽  
Emerging Market ◽  
Developed Countries ◽  
Listed Firms ◽  
Corporate Social ◽  
The Cost ◽  
The Relationship

Despite the crucial role that inventory plays in supply chain management (SCM), research that examines the relationship between inventory and corporate social responsibility (CSR) is rare. This is surprising given the evidence that inventory represents a huge source of cost, a matter that is often reported as a major impediment in practicing social responsibility in SCM. As such, this paper fills this gape in literature by examining directly the effect of inventory management on CSR. Maximum-likelihood ordered logistic regression was performed on a sample of 38 Egyptian listed firms during the period from 2007 to 2010. The results demonstrate that inventory management exerts a positive and significant coefficient on CSR. Further analysis shows that inventory management cannot be safely dropped from model of analysis. Rather, inventory management does add something unique in explaining differences in CSR. For practitioners interested in optimizing their firms’ values, thinking in managing supply chain imperatives, and specially inventory, in terms of social responsibility may guide them to build up a stock of reputational capital that can be used, in turn, to increase the cost of their rivals. This study, to the best of knowledge, is the first one that offers empirical evidence regarding the effect of inventory management on CSR. Moreover, the paper adds to both SCM and CSR literature by providing empirical evidence from Egypt as an emerging market, where much of the existing evidence reflects experience from developed countries

Information sharing in supply chains, myth or reality? A critical analysis of empirical literature

2014 ◽  
Vol 44 (3) ◽  
pp. 179-200 ◽  
Author(s):  
Joakim Kembro ◽  
Dag Näslund
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Information Sharing ◽  
Empirical Evidence ◽  
Research Area ◽  
Empirical Literature ◽  
Future Research ◽  
Main Body ◽  
Supplier Relationships ◽  
Content Type

Purpose – The purpose of this paper is to investigate what empirical evidence exists regarding benefits of information sharing in supply chains, and to identify potential gaps and opportunities in this research area. Design/methodology/approach – The authors conducted an in-depth, systematic literature review and multilevel analysis of 82 selected articles. In the analysis, the authors investigated: whether the articles applied the supply chain as the unit of analysis; the selected research method; whether the articles applied the supply chain as the unit of data collection (i.e. collected data from three or more different companies); and finally, aspects of information sharing – including benefits. Findings – Despite anecdotal descriptions of benefits from information sharing in supply chains, the authors could not find empirical evidence to support these claims. Rather, the main body of literature reports on a focal company's perspective on traditional buyer-supplier relationships. Research limitations/implications – Given the lack of evidence for the claimed benefits of information sharing on a supply chain level, more research is needed in this field. The authors therefore propose an agenda for future research building on four key points. Originality/value – Contrary to popular belief, empirical evidence for benefits of information sharing in supply chains does not seem to exist. This article highlights an issue previously not addressed with a systematic in-depth review and analysis of empirical articles.

Developing Information Sharing Model Using Cloud Computing and Smart Devices for SMEs Supply Chain

2020 ◽  
pp. 791-812
Author(s):  
Chi-on Chan ◽  
Owen Liu ◽  
Ricky Szeto
Keyword(s):  
Cloud Computing ◽  
Supply Chain ◽  
Information Sharing ◽  
Size Distribution ◽  
Inventory Management ◽  
Supply And Demand ◽  
Smart Devices ◽  
Smart Device ◽  
Retail Stores ◽  
Fashion Industry

The mismatch between supply and demand always exists within the supply chain and among retail stores. This situation is even worse for SMEs who work without state-of-the-art technologies, especially in terms of quantitative demand and size distribution in fashion industry. In this paper, we develop a cloud computing and smart device (CCSD) model to address the stochastic deviation between supply and demand. A computational experiment proves that the performance of inventory management in the supply chain and among retail stores can be significantly improved by application of CCSD, irrespective of demand and size distribution. In this paper, we illustrate its benefits for both normal and right-skewed demand distribution. We find that different stages in supply chain can also be coordinated by using the CCSD platform. The results show that using all-channel communication network through CCSD increases the information sharing performance.

scholarly journals Review on Effects of Logistics Practices and Information Sharing on Supply Chain Performance

2019 ◽  
Vol 3 (2) ◽  
pp. 1-9
Author(s):  
Diriba Ayele Gebisa
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Information Sharing ◽  
Inventory Management ◽  
Transportation Cost ◽  
Review Literature ◽  
Supply Chain Performance ◽  
Chain Management ◽  
The Road ◽  
Rival Firms

Today companies no longer compete merely as an independent business but rather as supply chains. Individual businesses no longer operate in isolation and neither should their strategic orientation be wholly individualistic. This attracted supply chain management concept to be used. Supply chain management primarily designed by firms to get competitive advantage over the rival firms and to overcome the intense global competition coming from globalization, innovation, free trade and economic cooperation formed in different region. The concept led to cooperation and integration among firms and with their suppliers, distributors, consumers, and transport agency. It is totally systematic coordination and management from upstream to downstream paths of an organization. The importance and research interest in supply chain management are growing from time to time; however, the number of professional materials and well-organized review literature is limited relative to the growing trend of the area. Therefore, this paper reviewed different supply chain management articles, reports, and books by concentrating on logistics practices and information sharing on supply chain performance to develop a well-organized research article that advances supply chain management understanding. Under the logistics practices, the major variables discussed were the effect of the road network, transportation cost, facility location, waiting time, inventory management and mode of transportation, whereas the effect information sharing discussed from the viewpoints of the level of information sharing and quality of information on supply chain performance.  

Developing Information Sharing Model Using Cloud Computing and Smart Devices for SMEs Supply Chain

2017 ◽  
Vol 10 (3) ◽  
pp. 44-64 ◽  
Author(s):  
Chi-on Chan ◽  
Owen Liu ◽  
Ricky Szeto
Keyword(s):  
Cloud Computing ◽  
Supply Chain ◽  
Information Sharing ◽  
Size Distribution ◽  
Inventory Management ◽  
Supply And Demand ◽  
Smart Devices ◽  
Smart Device ◽  
Retail Stores ◽  
Demand Distribution

The mismatch between supply and demand always exists within the supply chain and among retail stores. This situation is even worse for SMEs who work without state-of-the-art technologies, especially in terms of quantitative demand and size distribution in fashion industry. In this paper, we develop a cloud computing and smart device (CCSD) model to address the stochastic deviation between supply and demand. A computational experiment proves that the performance of inventory management in the supply chain and among retail stores can be significantly improved by application of CCSD, irrespective of demand and size distribution. In this paper, we illustrate its benefits for both normal and right-skewed demand distribution. We find that different stages in supply chain can also be coordinated by using the CCSD platform. The results show that using all-channel communication network through CCSD increases the information sharing performance.

scholarly journals The Effect of Information sharing and Inventory Management in the Supply Chain Practices on Firms’ Performance: Empirical Evidence from Some Selected Companies of Ethiopia

2021 ◽  
Vol 03 (01) ◽  
pp. 1-15
Author(s):  
Diriba Ayele Gebisa ◽  
Tika Ram
Keyword(s):  
Developing Countries ◽  
Supply Chain ◽  
Organizational Performance ◽  
Information Sharing ◽  
Inventory Management ◽  
Structural Equation ◽  
Missing Values ◽  
Management Practices ◽  
Management Practice ◽  
Data Entry

The objective of this paper is to investigate empirically the effect of information sharing and inventory management practice on firms’ performance. To achieve the stated objective the study targeted supply chain practices of some companies operating in Ethiopia. Data were collected from 170 respondents including employees, suppliers, and distributors of the companies under investigation. Before the analysis of data, the accuracy of data entry, the existence of missing values, normality of data distribution and outliers checked and proved the nonexistence of serious issues. The specified objective and proposed hypotheses in this study tested by structural equation modelling (SEM). The result shows information sharing and inventory management practices have a direct and significant effect on the firm’s performance. Similarly, the higher share of information leads to better inventory management practice, which in turn leads to a greater performance of firms. The study concludes that information sharing has both direct and indirect effects on a firm's performance in the supply chain practices; whereas inventory management practices have a direct effect on the firm's performance. Generally, the results of the study have major theoretical and practical implications. Theoretically, it offers concrete evidence on the significant effects of information sharing and inventory management in the supply chain practices on firm’s performance in developing countries; and hence contributes to the scarce body of literature and reduces the gaps of knowledge in the developing countries on the specified area of study. Besides the theoretical implication, practically the study allows the companies and industries under the considerations to recognize the significant effects of information sharing and inventory management practices on firm’s performance and to use this information to develop and enhance culture of information sharing and usage of sound inventory management techniques in the supply chain practices for the enhancement of organizational performance.

Inventory optimization considering the vehicle capacity and specifics of cash flows at rental storage sites

2020 ◽  
pp. 77-90
Author(s):  
V.D. Gerami ◽  
I.G. Shidlovskii
Keyword(s):  
Supply Chain ◽  
Inventory Management ◽  
Sufficient Conditions ◽  
Cash Flows ◽  
Management Systems ◽  
Cargo Capacity ◽  
Special Modification ◽  
The Cost ◽  
Necessary And Sufficient ◽  
Vehicle Capacity

The article presents a special modification of the EOQ formula and its application to the accounting of the cargo capacity factor for the relevant procedures for optimizing deliveries when renting storage facilities. The specified development will allow managers to take into account the following process specifics in the format of a simulated supply chain when managing inventory. First of all, it will allow considering the most important factor of cargo capacity when optimizing stocks. Moreover, this formula will make it possible to find the optimal strategy for the supply of goods if, also, it is necessary to take into account the combined effect of several factors necessary for practice, which will undoubtedly affect decision-making procedures. Here we are talking about the need for additional consideration of the following essential attributes of the simulated cash flow of the supply chain: 1) time value of money; 2) deferral of payment of the cost of the order; 3) pre-agreed allowable delays in the receipt of revenue from goods sold. Developed analysis and optimization procedures have been implemented to models of this type that are interesting and important for a business. This — inventory management systems, the format of which is related to the special concept of efficient supply. We are talking about models where the presence of the specified delays for the outgoing cash flows allows you to pay for the order and the corresponding costs of the supply chain from the corresponding revenue on the re-order interval. Accordingly, the necessary and sufficient conditions are established based on which managers will be able to identify models of the specified type. The purpose of the article is to draw the attention of managers to real opportunities to improve the efficiency of inventory management systems by taking into account these factors for a simulated supply chain.

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