Each of which is explained briefly below: Resource sharing is an important attribute of coordination and the communication process. Resource sharing in the process of coordination can be at all levels. This can be the Resource sharing at the Operational level, planning level, and the Strategic level.The resource sharing at the operational level can be regarded as the communication process carried out during the collection of operational resources, point-of-sale data etc. The planning level coordination can be the one carried out among the managers while developing plans for production and inventory development. Resource sharing at the strategic level can be during the formulation of the strategic plans, resource investment in the sector of Research and Development and forming strategic alliances.For a centralized style of decision making, a single firm has the control over the decisions to be taken during the Supply Chain Coordination Process while in a decentralized style; all the firms have to take their decisions independently and to enforce them.The high level of control is one where there is a strict and accurate level of control and monitoring; the firms outline and develop strict routine and rules to be followed along with control systems which can observe other firms performance. In contrast, the low level of control has a very slight monitoring and control over the activities.A condition where fair rewards exist is where a certain firm is willing to undertake more risks that the other firms are and as a result receives more advantage from the coordination. The unfair condition is the vice versa of this as the firm takes a low risk and manages to enjoy more benefits from the coordination.Information sharing in supply chain management is very necessary due to the integration of processes throughout the supply chain in order to share information regarding forecasts, transportation, demand signals and prospective collaboration etc which are an integral part of the supply chain process.
Beamon, B. M. (2006). Supply Chain Coordination and Cooperation Mechanism. The Journal of Supply Chain Management .
(2003). Information sharing and supply chain coordination. In F. Chen. Amsterdam.
K.C. So, a. C. (2000). The Value of Information sharing in a two-level supply.
The role of inventory in delivery-time competition. In L. Li.
Please type your essay title, choose your document type, enter your email and we send you essay samples