A. Find: Identify issues in inventory network data sharing
According to the author they classify issues in production network data into two types i) information innovation ii) information sharing related problems. They have talked about the writing identified with data stream and coordination in a prior segment. Author said that, the purpose of data offering to store network assistants is to achieve better coordination to improve store network implementation (Zhang, 2009). On the other point of view said that, data sharing is considered a basic requirement for survival in the unquestionably globalized and focused economy and is a critical empowering agent of store network settlement (Chopra and Meindl, 2015).
Long haul collaboration and coordination with innovative practice has carried more productivity through data sharing. By and by, difficulties burdens still exist which should be set out to complete upper hand. The present difficulties in data sharing are examined below:
Confidentiality and Trust
Supply chain always considering for practical or responsive for favorable and true information, although that’s are important enabling operators. Data sharing in the supply chains is being critical improvements in data advancements to encourage data sharing (Li and Lin, 2006).
Tyan and Wee described that, within the sight of trust, cooperation with assistants through data sharing brings down concerns in regards to the loss of key or basic data. Furthermore, the sum and nature of shared data vary contingent upon the level of trust shaped. Blockchain to overcomes the risks of supply chain management and example of vendor management inventory VMI implementation among Walmart and P;G (Tyan and Wee, 2003). As if there should be arise a happening of VMI execution, an unusual of trust between the organizations allowable valid data sharing prompting a productive usage (Tyan and Wee, 2003). In the era of globalization, production networks exists all over the sides. There must be level of trust and control of classified data is observed to strengthen influences and quick store network grouping.
Inability to share information
While inability to share information with supply chain associates could be cause by less IT knowledge or grip, facing difficulty in implementing IT systems, or unskilled person working in IT department. These are the risk factors for supply chain management to overdcome and increase the efficiency within the company. Furthermore the lack of SOP of diffenet IT systems also can be the reason of inability in sharing information. According to author disconnected corporate systems generate substantial data redundancy often leading to supply chain inefficiencies with higher costs.
Lack of data standards
There are some global standards in EDI, RFID and bar code systems are lacking and acting as a significiant barrier in information sharing which leads to supply chain scalability issues (Michael and McCathie, 2005). Moberg said that, the quality of information sharing becomes an issue. Information quality by its definition refers to information that is reliable, valid, accurate and timely (Moberg et. al., 2002).
Supply chain stakeholders decided to create the global data standards, at the same moment some companies feeling not comfortable due to confidentiality and other issues. Suggested framework for supply chain data standards will provide the unique and unambiguous references to products and locations that will allow interoperability between different enterprise systems and facilitate wider operation of RFID or barcode systems (Folinas et. al., 2006).