A review on supply chain contracting with information considerations: information updating and information asymmetry
Journal
International Journal of Production Research
Journal Volume
57
Journal Issue
15-16
Pages
4898-4936
Date Issued
2019
Author(s)
Abstract
Supply chain contracting and the use of information are undoubtedly two critical and influential areas in modern supply chain management. However, relatively little is known about supply chain contracting mechanisms with different information settings. To fill this gap, we review and classify the related supply chain contracting literature into three categories with respect to different kinds of information considerations, namely (i) demand information updating, (ii) supply information updating and (iii) information asymmetry. We report the publication trend and classify the commonly studied supply chain contracts with the use of information such as pricing contracts, commitment contracts and menu of contracts. We discuss how contracting and the use of information influence each other in the supply chain. Moreover, we review the major application areas of information usage and report the historical development of major related topics. Finally, we propose several important future research directions. ? 2018, ? 2018 Informa UK Limited, trading as Taylor & Francis Group.
Subjects
demand information updating; information asymmetry; supply chain contracting; supply information updating
Other Subjects
Classification (of information); Supply chain management; Demand information; Future research directions; Historical development; Information asymmetry; Information setting; Information updating; Supply chain contracting; Supply chain contracts; Information use
Publisher
Taylor and Francis Ltd.
Type
review