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Supply chain management is concerned with the coordination of material, information and financial flows within and across often legally separated organizational units. With the recent advances in information technology, real time data exchange has become feasible and affordable. As a result, an equally (if not more) important issue for supply chain coordination is to incorporate information into a coordination policy. In this paper, the authors have studied a vast literature on coordination problem for supply chains with suppliers, manufacturers, retailers, and customers. In this research they have developed a framework for: information sharing within supply chain members, improving decision making process, and finally strategic management of the whole supply chain.
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