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

Author

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  • Jha, Aditya
  • Fernandes, Kiran
  • Xiong, Yu
  • Nie, Jiajia
  • Agarwal, Neelesh
  • Tiwari, Manoj 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.

Suggested Citation

  • Jha, Aditya & Fernandes, Kiran & Xiong, Yu & Nie, Jiajia & Agarwal, Neelesh & Tiwari, Manoj K., 2017. "Effects of demand forecast and resource sharing on collaborative new product development in supply chain," International Journal of Production Economics, Elsevier, vol. 193(C), pages 207-221.
    • Handle: RePEc:eee:proeco:v:193:y:2017:i:c:p:207-221
    DOI: 10.1016/j.ijpe.2017.07.012
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    2. Hafezi, Maryam & Zhao, Xuan & Zolfagharinia, Hossein, 2023. "Together we stand? Co-opetition for the development of green products," European Journal of Operational Research, Elsevier, vol. 306(3), pages 1417-1438.
    3. Xu, Xiaoyan & Choi, Tsan-Ming & Chung, Sai-Ho & Guo, Shu, 2023. "Collaborative-commerce in supply chains: A review and classification of analytical models," International Journal of Production Economics, Elsevier, vol. 263(C).
    4. Magistretti, Stefano & Dell'Era, Claudio & Verganti, Roberto, 2020. "Searching for the right application: A technology development review and research agenda," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    5. Li, Wei & Wang, Peilin & Cheng, Wencheng & Nie, Kai, 2024. "Transnational remanufacturing decisions under carbon taxes and tariffs," European Journal of Operational Research, Elsevier, vol. 312(1), pages 150-163.
    6. Pavel Castka, 2020. "The Role of Standards in the Development and Delivery of Sustainable Products: A Research Framework," Sustainability, MDPI, vol. 12(24), pages 1-18, December.
    7. Malacina, Iryna & Teplov, Roman, 2022. "Supply chain innovation research: A bibliometric network analysis and literature review," International Journal of Production Economics, Elsevier, vol. 251(C).
    8. Choi, Tsan-Ming, 2018. "Launching the right new product among multiple product candidates in fashion: Optimal choice and coordination with risk consideration," International Journal of Production Economics, Elsevier, vol. 202(C), pages 162-171.

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