TY - GEN
T1 - The role and value of information for supply loop management
T2 - 2008 16th IEEE International Symposium on Electronics and the Environment, ISEE
AU - Doctori-Blass, Vered
AU - Geyer, Roland
PY - 2008
Y1 - 2008
N2 - Good decision making regarding product end-of-life management requires information from different life cycle stages. If information is missing or not accessible when needed by the decision maker, it can affect the performance of the entire supply loop. In this paper we investigate the role and value of information for supply loop management. We introduce a generic evaluation method to assess the value of information and apply it to the example of cell phones. Our results suggest that information can have high value and plays an important role affecting the economic and environmental performance of supply loops. However, the potential value of information is realized only if the relevant supply loop members are willing and able to use it for improved decision making. Our evaluation method can be used as a tool to determine what information is most valuable based on its effect on the performance.
AB - Good decision making regarding product end-of-life management requires information from different life cycle stages. If information is missing or not accessible when needed by the decision maker, it can affect the performance of the entire supply loop. In this paper we investigate the role and value of information for supply loop management. We introduce a generic evaluation method to assess the value of information and apply it to the example of cell phones. Our results suggest that information can have high value and plays an important role affecting the economic and environmental performance of supply loops. However, the potential value of information is realized only if the relevant supply loop members are willing and able to use it for improved decision making. Our evaluation method can be used as a tool to determine what information is most valuable based on its effect on the performance.
KW - Economic and environmental performance
KW - Product end-of-life
KW - Supply loop
KW - Value of information
UR - http://www.scopus.com/inward/record.url?scp=51849135102&partnerID=8YFLogxK
U2 - 10.1109/ISEE.2008.4562942
DO - 10.1109/ISEE.2008.4562942
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AN - SCOPUS:51849135102
SN - 1424422728
SN - 9781424422722
T3 - IEEE International Symposium on Electronics and the Environment
BT - 2008 16th IEEE International Symposium on Electronics and the Environment, ISEE
Y2 - 19 May 2008 through 22 May 2008
ER -