Hierarchical Planning and Information Sharing Techniques in Supply Chain Management

Book excerpt: Efficient supply chain management is essential for maintaining successful workflows within companies. A lack of decisional, organizational, and information integration can lead to increased cost for a business due to missed opportunities, delays, inefficient inventory decisions, poor capacity allocation, and misuse of resources. Companies must employ collaborative practices across all functions of the supply chain in order to avoid costly mishaps. Hierarchical Planning and Information Sharing Techniques in Supply Chain Management is an essential reference source that discusses information exchanges and approaches of coordination related to operation planning for a better understanding of how hierarchical planning techniques and principles can contribute to the effective and efficient management and planning of supply chain activities. Featuring research on topics such as competitive advantages, information sharing, and transport management, this book is ideally designed for managers, academicians, and practitioners in the field of supply chain management, operations management, logistics, and operations research.