Presentation on Collaboration and Supply Chains: Information Sharing

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Added on  2023/06/08

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This presentation delves into the critical role of collaboration and information sharing within supply chains. It defines supply chain collaboration and highlights its importance in achieving cooperative strategies and fostering innovation. The presentation explores various forms of collaboration and the benefits of information sharing, including improved efficiency and reduced inventories. Key concepts such as decision-making processes, mutual reporting, and information exchange with partners are discussed, along with real-world examples like the National Institute of Health (NIH) and the German independent farmers. The presentation also emphasizes the importance of encouraging participation from customers, workers, and external stakeholders. It concludes by summarizing the positive impacts of information sharing and encouraging organizations to leverage technology to remain competitive in the market. The presentation references several academic sources to support its claims.
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Collaboration and Supply Chains
Information Sharing and Innovation
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Introduction
Defining supply chain collaboration- it’s a case
where two or more firms work together to
execute their plans in supply chain
operations(Cao & Zhang, 2011, p. 163).
Supply chain collaboration helps to attain
cooperative strategy among the participating
organizations(Khadafi, 2017).
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Cont’d
Forms of supply chain collaboration
- Vertical cooperation
- Horizontal cooperation (Uapippo, 2011, p. 1).
Why organizations cooperate?
- To share information
- To integrate Innovativeness (Postolache,
2017, p. Online).
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Cont’d
Information sharing involves;
-Establishment of organizational and technical
network
- Free exchange of data
- Controlling risks of sharing data (Savolainen,
2017, p. Online).
Information sharing is one of the fundamental
aspects of coordination in a supply chain
(SendhilKumar & S.Pugazhendhi, 2012, p. 2147).
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Cont’d
Efficiency in the supply chain,
- Is critical in the present as competition
-Is now based between supply chains but
not companies as it used to be.
Sharing of information can lead to;
- an efficient supply chain through the
reduction of inventories and smoothening of
production (Baihaqi & Sohal, 2012, p. 743)
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Concepts in information sharing
Sharing of information;
- Has increased innovation of most
collaborative firms (Kamasak, 2010).
In this presentation,
- we are going to see how some of the
concepts of information sharing have
benefited most of the organizations
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Explaining decisions
Purpose of decision making
- To help managers and other professionals in a
firm to solve issues in the supply chain
(Hussung, 2017, p. Online).
Many organizations have evolved their internal
intranets into corporate social networks.
This include web logs (ThoughFarmer, 2016, p.
Online).
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Cont’d
This makes it easy for employees to comment
as well as discuss some of the decisions made
by their managers.
For example,
- the National Institute of Health (NIH) saves
the lives of many individuals through proper
communication between its cooperative
parties (O'Mara, et al., 2017, p. 64).
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Cont’d
Advantage of information shared between
various organizations;
- Distinguish between biological targets of
various diseases.
Some of this diseases respond to newly
discovered targets
This helps in a bid to characterize biological
alerts of various conditions.
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Mutual report
Mutual reporting helps management and employees
to share and update each other on developing
matters in the firm (Calo, et al., 2012, p. 59).
NIH, for instance, uses social technologies to enable
- an interactive,
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Cont’d
-multi-way of sharing data between its other
pharmaceuticals (Joshi, et al., 2013, p. Online).
The organization has divided the individual
communication channels to fit executives and
employees who wish to subscribe.
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Information sharing with partners
Exchange of information includes
- External data
- Internal data
Managers or employees share this data with
external stakeholders of the supply chain (İnce
& Gül, 2011, p. 106).
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