Effects of demand forecast and resource sharing on collaborative new product development in supply chain

Jha, A.; Fernandes, K.; Xiong, Y.; Nie, J.; Agarwal, N.; Tiwari, M.K.

Abstract

In today's volatile global marketplace co-developing of new products is increasingly important, owing to the uncertainties of developing and launching a new product. The collaborative new product development process however, presents a new challenge for the partner firms due to the sharing of information, resources and technology. Literature has not adequately addressed the issues associated with collaborative decision making that has to be robust in an environment with varying performance, quality and timing uncertainties, despite the growing need to collaborate. In our model, we consider a product development company and a technology development company with different but symbiotic capabilities. We analyze various scenarios, assessing the benefits and downsides of demand forecast information sharing on each company and the supply chain as a whole. The scenarios analyzed vary according to the level of technology, innovation and resources shared between the firms.

Citation

Jha, A., Fernandes, K., Xiong, Y., Nie, J., Agarwal, N., & Tiwari, M. (2017). Effects of demand forecast and resource sharing on collaborative new product development in supply chain. International Journal of Production Economics, 193, 207-221. https://doi.org/10.1016/j.ijpe.2017.07.012

• Journal Article Type: Article
• Acceptance Date: Apr 18, 2017
• Online Publication Date: Jul 17, 2017
• Publication Date: Nov 1, 2017
• Deposit Date: Apr 18, 2017
• Publicly Available Date: Jan 17, 2019
• Journal: International Journal of Production Economics
• Print ISSN: 0925-5273
• Electronic ISSN: 1873-7579
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 193
• Pages: 207-221
• DOI: https://doi.org/10.1016/j.ijpe.2017.07.012
• Public URL: https://durham-repository.worktribe.com/output/1360460