Information Sharing in Supply Chains: An Overview

Abstract

Information sharing and technology is the one of the key aspects of coordination amongst parties in a supply chain. Supply chain efficiency is highly important as today's competition is no longer between companies, but between supply chains. Information sharing can increase supply chain efficiency by reducing inventories and smoothing production. This paper provides an overview about information sharing in supply chains. The paper discusses the impacts of information sharing in supply chains along with the associated benefits. Challenges posed in the process of information sharing are also listed out.