Information sharing in a maritime supply chain with carrier sustainability investment

Under the signaling mechanism, we aim to explore information sharing in a maritime supply chain consisting of one port with private forecast information and one risk averse carrier employing sustainability investment. To this end, we study two scenarios: non-information sharing and information sharing. Based on the different scenarios, we analyse the impacts of port forecast accuracy on decision-making and utility, and conclude that improving the forecast information accuracy is not always beneficial for the port and the carrier either. Meanwhile, we find that information sharing by the port is always beneficial for itself, but may be detrimental for the carrier, depending on the effectiveness of the sustainability investment. In addition, we propose two strategies to incentivize the port and the carrier to establish information sharing agreements. Finally, we validate above findings with some numerical analyses.

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Publication Details

Journal
INFOR Information Systems and Operational Research
Published
2024-08-09
DOI
https://doi.org/10.1080/03155986.2024.2388444
Citations
1
Primary Topic
Supply Chain and Inventory Management
Type
article
Field-Weighted Citation Impact
0.53

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article

Information sharing in a maritime supply chain with carrier sustainability investment

Dongsheng Yang, Xin Li
1 citations
INFOR Information Systems and Operational Research
Supply Chain and Inventory Management
0.53
article

Information sharing in a maritime supply chain with carrier sustainability investment

Dongsheng Yang, Xin Li
article en
1 citations

Abstract

Under the signaling mechanism, we aim to explore information sharing in a maritime supply chain consisting of one port with private forecast information and one risk averse carrier employing sustainability investment. To this end, we study two scenarios: non-information sharing and information sharing. Based on the different scenarios, we analyse the impacts of port forecast accuracy on decision-making and utility, and conclude that improving the forecast information accuracy is not always beneficial for the port and the carrier either. Meanwhile, we find that information sharing by the port is always beneficial for itself, but may be detrimental for the carrier, depending on the effectiveness of the sustainability investment. In addition, we propose two strategies to incentivize the port and the carrier to establish information sharing agreements. Finally, we validate above findings with some numerical analyses.

INFOR Information Systems and Operational ResearchVol. 63(1)
Hubei University of Arts and Science (CN), Northwest Normal University (CN)
National Natural Science Foundation of China, Youth Innovation Technology Project of Higher School in Shandong Province
Industry, innovation and infrastructure, Responsible consumption and production
Openalex Percentile: Top 28%
Supply Chain and Inventory Management
0.53
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