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Discrete Dynamics in Nature and Society
Volume 2019, Article ID 4695654, 13 pages
https://doi.org/10.1155/2019/4695654
Research Article

Strategic Information Sharing in a Dynamic Supply Chain with a Carrier under Complex Uncertainty

Heng Du1 and Ye Jiang1,2

1School of Management and Engineering, Nanjing University, Nanjing 210093, China
2School of Business, Jiangsu Open University, Nanjing 210011, China

Correspondence should be addressed to Heng Du; moc.361@19789859781

Received 10 January 2019; Accepted 13 May 2019; Published 2 June 2019

Academic Editor: Manuel De la Sen

Copyright © 2019 Heng Du and Ye Jiang. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

Whether to use an information sharing mechanism is investigated in a dynamic supply chain, where one manufacturer, one carrier, and one retailer are faced with uncertain yield, demand, and lead time during multiple periods. Each member is modeled as an adaptive agent based on multiagent technique, and their decisions can be adjusted timely to adapt to external environment. There are two choices for the whole supply chain to deal with uncertain risks: information sharing (IS) or no information sharing (NS). Under strategy , the information about market demand and the retailer’s inventory can be shared within the supply chain. For each strategy, the effects of yield, demand, and lead time uncertainties on costs of the supply chain and channel members are studied. It is found that (i) it is rewarding for the upstream manufacturer to use a retailer’s shared information under uncertain yield or demand; (ii) however, information sharing (IS) strategy sometimes should be abandoned for other members and the whole supply chain; (iii) counterintuitively, the increase of transportation time uncertainty benefits the retailer.