Dynamic Modeling and Simulation of How Information Sharing Influences Supply Chain Performance

With the growing intensity of cooperation, the partners in the manufacturing supply chain (SC) raise stricter requirements for information sharing (IS) within the SC, which has been an effective capability to improve the performance of manufacturing SC. To reveal the influence of IS on SC performanc...

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Autores principales:	Weibin Wang, Renyong Chi
Formato:	article
Lenguaje:	EN
Publicado:	Hindawi Limited 2021
Materias:	Mathematics QA1-939
Acceso en línea:	https://doaj.org/article/e447bba8c0c54c91b1768995a2ecbd0c
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spelling	oai:doaj.org-article:e447bba8c0c54c91b1768995a2ecbd0c2021-11-08T02:37:11ZDynamic Modeling and Simulation of How Information Sharing Influences Supply Chain Performance1607-887X10.1155/2021/2877467https://doaj.org/article/e447bba8c0c54c91b1768995a2ecbd0c2021-01-01T00:00:00Zhttp://dx.doi.org/10.1155/2021/2877467https://doaj.org/toc/1607-887XWith the growing intensity of cooperation, the partners in the manufacturing supply chain (SC) raise stricter requirements for information sharing (IS) within the SC, which has been an effective capability to improve the performance of manufacturing SC. To reveal the influence of IS on SC performance, this paper firstly carries out a theoretical analysis on the influencing factors of IS, SC integration and SC performance, and builds a theoretical model of the IS’s impacting on SC performance. Next, valid index data were obtained by investigating typical manufacturing enterprises in Yangtze River Delta region of China. Then, according to the dynamics system flow of IS influence on SC performance, the proposed theoretical model would be modeled from system dynamics and simulated by Vensim PLE software. The results show that IS among manufacturing SC nodes enhances the SC performance via SC integration; when SC integration is suitable for IS, SC performance will be improved as long as the IS amount is greater than zero; however, excessive IS would reduce the quality and weaken the amount of IS; overall, the degree of IS and SC integration are the key to better SC performance. This implies that how to improve IS among SC partners is a very important thing in manufacturing SC management. And, it also enlightens that enterprise managers should pay attention to establish a high-level trust relationship with SC partners, achieve high-quality IS with a wider range, and then promote the SC system more integrated to improve its operational performance.Weibin WangRenyong ChiHindawi LimitedarticleMathematicsQA1-939ENDiscrete Dynamics in Nature and Society, Vol 2021 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Mathematics QA1-939
spellingShingle	Mathematics QA1-939 Weibin Wang Renyong Chi Dynamic Modeling and Simulation of How Information Sharing Influences Supply Chain Performance
description	With the growing intensity of cooperation, the partners in the manufacturing supply chain (SC) raise stricter requirements for information sharing (IS) within the SC, which has been an effective capability to improve the performance of manufacturing SC. To reveal the influence of IS on SC performance, this paper firstly carries out a theoretical analysis on the influencing factors of IS, SC integration and SC performance, and builds a theoretical model of the IS’s impacting on SC performance. Next, valid index data were obtained by investigating typical manufacturing enterprises in Yangtze River Delta region of China. Then, according to the dynamics system flow of IS influence on SC performance, the proposed theoretical model would be modeled from system dynamics and simulated by Vensim PLE software. The results show that IS among manufacturing SC nodes enhances the SC performance via SC integration; when SC integration is suitable for IS, SC performance will be improved as long as the IS amount is greater than zero; however, excessive IS would reduce the quality and weaken the amount of IS; overall, the degree of IS and SC integration are the key to better SC performance. This implies that how to improve IS among SC partners is a very important thing in manufacturing SC management. And, it also enlightens that enterprise managers should pay attention to establish a high-level trust relationship with SC partners, achieve high-quality IS with a wider range, and then promote the SC system more integrated to improve its operational performance.
format	article
author	Weibin Wang Renyong Chi
author_facet	Weibin Wang Renyong Chi
author_sort	Weibin Wang
title	Dynamic Modeling and Simulation of How Information Sharing Influences Supply Chain Performance
title_short	Dynamic Modeling and Simulation of How Information Sharing Influences Supply Chain Performance
title_full	Dynamic Modeling and Simulation of How Information Sharing Influences Supply Chain Performance
title_fullStr	Dynamic Modeling and Simulation of How Information Sharing Influences Supply Chain Performance
title_full_unstemmed	Dynamic Modeling and Simulation of How Information Sharing Influences Supply Chain Performance
title_sort	dynamic modeling and simulation of how information sharing influences supply chain performance
publisher	Hindawi Limited
publishDate	2021
url	https://doaj.org/article/e447bba8c0c54c91b1768995a2ecbd0c
work_keys_str_mv	AT weibinwang dynamicmodelingandsimulationofhowinformationsharinginfluencessupplychainperformance AT renyongchi dynamicmodelingandsimulationofhowinformationsharinginfluencessupplychainperformance
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Dynamic Modeling and Simulation of How Information Sharing Influences Supply Chain Performance

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