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    Performance of supply chain collaboration - a simulation study

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    Authors
    Ramanathan, Usha
    Affiliation
    University of Bedfordshire
    Issue Date
    2013-07-16
    Subjects
    CPFR
    performance measurement
    simulation
    supply chain collaboration
    
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    Abstract
    In the past few decades several supply chain management initiatives such as Vendor Managed Inventory, Continuous Replenishment and Collaborative Planning Forecasting and Replenishment (CPFR) have been proposed in literature to improve the performance of supply chains. But, identifying the benefits of collaboration is still a big challenge for many supply chains. Confusion around the optimum number of partners, investment in collaboration and duration of partnership are some of the barriers of healthy collaborative arrangements. To evolve competitive supply chain collaboration (SCC), all SC processes need to be assessed from time to time for evaluating the performance. In a growing field, performance measurement is highly indispensable in order to make continuous improvement; in a new field, it is equally important to check the performance to test conduciveness of SCC. In this research, collaborative performance measurement will act as a testing tool to identify conducive environment to collaborate, by the way of pinpointing areas requiring improvements before initializing collaboration. We use actual industrial data and simulation to help managerial decision-making on the number of collaborating partners, the level of investments and the involvement in supply chain processes. This approach will help the supply chains to obtain maximum benefit of collaborative relationships. The use of simulation for understanding the performance of SCC is relatively a new approach and this can be used by companies that are interested in collaboration without having to invest a huge sum of money in establishing the actual collaboration. © 2013 Elsevier Ltd. All rights reserved.
    Citation
    Ramanathan U (2014) 'Performance of supply chain collaboration - a simulation study', Expert Systems with Applications, 41 (1), pp.210-220.
    Publisher
    Elsevier
    Journal
    Expert Systems with Applications
    URI
    http://hdl.handle.net/10547/623961
    DOI
    10.1016/j.eswa.2013.07.022
    Additional Links
    https://www.sciencedirect.com/science/article/pii/S0957417413004995
    Type
    Article
    Language
    en
    ISSN
    0957-4174
    ae974a485f413a2113503eed53cd6c53
    10.1016/j.eswa.2013.07.022
    Scopus Count
    Collections
    Business and management

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