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OALib Journal期刊
ISSN: 2333-9721
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A DATA QUALITY MODEL OF INFORMATION-SHARING IN A TWO-LEVEL SUPPLY CHAIN

Keywords: Data Quality , Supply Chain Model , Data Reliability , Information Sharing , Forecast

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Abstract:

Data quality affects decision quality. In any forecasting and estimation model, the quality of the forecast data or the estimated data needs to be evaluated before using for decision-making. In two-level supply chain model, the retailer collects the sales information and use it to forecast the future demands over the lead-time, and the manufacturer collects the information about retailer's orders and its sales data (if possible) to forecast the future demand over the external supplier's lead-time. However, the quality of the forecast data will decrease and needs to be measured as the time period increases. Hence a quality dimension is needed in this case for indicating the quality level of the estimate. This research defines a quality dimension, “reliability”, and provides a mathematical method to measure the reliability level of the forecast data under two cases: information sharing and non-information sharing [7]. With the outcome of the method, a score ranging from 0 to 1 (including 0 and 1) can be obtained to measure the reliability level associated with the forecast value. This can be a much meaningful indicator for representing the forecast data, thus being helpful for management level to make the right decision.

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