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http://dx.doi.org/10.13106/jidb.2021.vol12.no5.27

Collaborative Communication, Information Sharing and Supply Chain Performance  

LEE, Changjoon (Department of Logistics, Services, Operations Management, Sogang University)
KIM, Soohyo (Department of Logistics, Services, Operations Management, Sogang University)
Publication Information
The Journal of Industrial Distribution & Business / v.12, no.5, 2021 , pp. 27-36 More about this Journal
Abstract
Purpose: This study empirically investigates the effect of collaborative communication and information sharing on the supply chain performance of South Korean pharmaceutical companies. Specifically, it understands the importance collaborative communication and suggests a method for investigating communication in academic research on the pharmaceutical industry. Investigating this sector is crucial because the importance of the pharmaceutical industry is increasing globally against the background of the Covid-19 pandemic. Research design, data, and methodology: A questionnaire was administered to employees of South Korean pharmaceutical companies and 244 valid responses were used for the statistical analysis. Additionally, structural equation modeling was used to measure the relationships between the observed and latent variables. Results: Collaborative communication has a positive effect on information sharing. However, information sharing, unlike collaborative communication, does not exhibit a significant positive relationship with supply chain performance. These results indicate that it is important to communicate effectively in the supply chain rather than strive for the right type of information sharing. Conclusions: Consumers and retailers within the supply chain should continue to strive for candid communication. This study is meaningful, as it empirically tests the relationships between collaborative communication, information sharing, and supply chain performance in the South Korean pharmaceutical industry.
Keywords
Collaborative Communication; Information Sharing; Supply Chain Performance; Pharmaceutical;
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