The effect of inventory record inaccuracy in information exchange supply chains

Manfredi Bruccoleri, Salvatore Cannella, Ana Paula Barbosa-Póvoa, Susana Relvas, Salvatore Cannella, Jose M. Framinan

Risultato della ricerca: Article

38 Citazioni (Scopus)

Abstract

The goal of this paper is to quantify the impact of Inventory Record Inaccuracy on the dynamics of collaborative supply chains, both in terms of operational performance (i.e. order and inventory stability), and customer service level. To do so, we model an Information Exchange Supply Chain under shrinkage errors in the inventory item recording activity of their nodes, present the mathematical formulation of such supply chain model, and conduct a numerical simulation assuming different levels of errors. Results clearly show that Inventory Record Inaccuracy strongly compromises supply chain stability, particularly when moving upwards in the supply chain. Important managerial insights can be extracted from this analysis, such as the role of 'benefit-sharing' strategies in order to guarantee the advantage of investments in connectivity technologies.
Lingua originaleEnglish
pagine (da-a)120-129
Numero di pagine10
RivistaEuropean Journal of Operational Research
Volume243
Stato di pubblicazionePublished - 2015

Fingerprint

Supply Chain
Supply chains
Service Levels
Shrinkage
Sharing
Connectivity
Quantify
Customers
Information exchange
Supply chain
Numerical Simulation
Formulation
Computer simulation
Vertex of a graph
Model

All Science Journal Classification (ASJC) codes

  • Modelling and Simulation
  • Information Systems and Management
  • Management Science and Operations Research

Cita questo

The effect of inventory record inaccuracy in information exchange supply chains. / Bruccoleri, Manfredi; Cannella, Salvatore; Barbosa-Póvoa, Ana Paula; Relvas, Susana; Cannella, Salvatore; Framinan, Jose M.

In: European Journal of Operational Research, Vol. 243, 2015, pag. 120-129.

Risultato della ricerca: Article

Bruccoleri, Manfredi ; Cannella, Salvatore ; Barbosa-Póvoa, Ana Paula ; Relvas, Susana ; Cannella, Salvatore ; Framinan, Jose M. / The effect of inventory record inaccuracy in information exchange supply chains. In: European Journal of Operational Research. 2015 ; Vol. 243. pagg. 120-129.
@article{6bebf0b85faa40f1886a3b96229c7a5a,
title = "The effect of inventory record inaccuracy in information exchange supply chains",
abstract = "The goal of this paper is to quantify the impact of Inventory Record Inaccuracy on the dynamics of collaborative supply chains, both in terms of operational performance (i.e. order and inventory stability), and customer service level. To do so, we model an Information Exchange Supply Chain under shrinkage errors in the inventory item recording activity of their nodes, present the mathematical formulation of such supply chain model, and conduct a numerical simulation assuming different levels of errors. Results clearly show that Inventory Record Inaccuracy strongly compromises supply chain stability, particularly when moving upwards in the supply chain. Important managerial insights can be extracted from this analysis, such as the role of 'benefit-sharing' strategies in order to guarantee the advantage of investments in connectivity technologies.",
author = "Manfredi Bruccoleri and Salvatore Cannella and Barbosa-P{\'o}voa, {Ana Paula} and Susana Relvas and Salvatore Cannella and Framinan, {Jose M.}",
year = "2015",
language = "English",
volume = "243",
pages = "120--129",
journal = "European Journal of Operational Research",
issn = "0377-2217",
publisher = "Elsevier",

}

TY - JOUR

T1 - The effect of inventory record inaccuracy in information exchange supply chains

AU - Bruccoleri, Manfredi

AU - Cannella, Salvatore

AU - Barbosa-Póvoa, Ana Paula

AU - Relvas, Susana

AU - Cannella, Salvatore

AU - Framinan, Jose M.

PY - 2015

Y1 - 2015

N2 - The goal of this paper is to quantify the impact of Inventory Record Inaccuracy on the dynamics of collaborative supply chains, both in terms of operational performance (i.e. order and inventory stability), and customer service level. To do so, we model an Information Exchange Supply Chain under shrinkage errors in the inventory item recording activity of their nodes, present the mathematical formulation of such supply chain model, and conduct a numerical simulation assuming different levels of errors. Results clearly show that Inventory Record Inaccuracy strongly compromises supply chain stability, particularly when moving upwards in the supply chain. Important managerial insights can be extracted from this analysis, such as the role of 'benefit-sharing' strategies in order to guarantee the advantage of investments in connectivity technologies.

AB - The goal of this paper is to quantify the impact of Inventory Record Inaccuracy on the dynamics of collaborative supply chains, both in terms of operational performance (i.e. order and inventory stability), and customer service level. To do so, we model an Information Exchange Supply Chain under shrinkage errors in the inventory item recording activity of their nodes, present the mathematical formulation of such supply chain model, and conduct a numerical simulation assuming different levels of errors. Results clearly show that Inventory Record Inaccuracy strongly compromises supply chain stability, particularly when moving upwards in the supply chain. Important managerial insights can be extracted from this analysis, such as the role of 'benefit-sharing' strategies in order to guarantee the advantage of investments in connectivity technologies.

UR - http://hdl.handle.net/10447/154941

M3 - Article

VL - 243

SP - 120

EP - 129

JO - European Journal of Operational Research

JF - European Journal of Operational Research

SN - 0377-2217

ER -