Interorganizational Collaborative Forecasting and Replenishment Systems and Supply Chain Implications

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Interorganizational Collaborative Forecasting and Replenishment Systems and Supply Chain Implications

Srinivasan - Nama Orang; Raghunathan - Nama Orang;

Collaborative Forecasting and Replenishment (CFAR) is a new interorganizational system that enables retailers and manufacturers to forecast demand and schedule production jointly. The capabilities of CFAR exceed those of the traditional ED1 because CFAR allows exchange of complex decision support models and manufacturerhetailer strategies. The proponents of CFAR claim that the fastest way for retailers and manufacturers to slash inventory costs and product shortages is by coordinating their decisions. The impact of CFAR on the supply chain using a model consisting of a manufacturer selling its product through two independent identical retailers is analyzed. The model assumes that the manufacturer doesn’t face capacity constraints, the demand is stationary, and retailer prices are constant over time; the shortages are backordered at the manufacturer and retailers to isolate the effects of information sharing in CFAR. The most significant findings relate to the increase in the cost incurred by the nonparticipant in CFAR, the increase in the manufacturer’s cost of serving the nonparticipant if the participant can obtain delivery guarantees in return for demand information sharing, and the incentives of the players to move towards universal retailer participation in CFAR. The findings are explained using the risk structure faced by the players in the supply chain. The managerial implications of the impact of CFAR on the supply chain structure are also discussed

Ketersediaan

IPC Corporate University Library ATC LO SRI i

ATC1803026

Tersedia

Informasi Detail

Judul Seri: Forecasting and Replenishment System
No. Panggil: ATC LO SRI i
Penerbit: United States of America : ., 1999
Deskripsi Fisik: 19 p.
Bahasa: English
ISBN/ISSN: -
Klasifikasi: LO
Tipe Isi: -
Tipe Media: -
Tipe Pembawa: online resource
Edisi: Volume 30 Number 4 Fall 1999
Subjek: Supply Chain Management
Forecasting
Operations management
Replenishment Systems
Supply Chain Implications
Interorganizational Systems
Info Detail Spesifik: -
Pernyataan Tanggungjawab: Srinivasan

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