Today's world is a world of information, so success in any economic or even social and political field is not possible without information. The accuracy of information and its availability in a timely and appropriate manner are considered the most important foundations of success in any sector, and this absolutely applies to the supply chain.

Dr Sabri Hasan thank you for your contribution to discussion

Yes, information sharing positively and significantly influenced supply chain visibility, collaboration, agility and performance. The impact of new technologies such as the Internet and software that provide a faster and better communication between supply chain components. The results of data analysis showed that information technology has a positive effect on the supply chain performance. Information sharing is a vital aspect of coordination amongst parties in a supply chain. Information sharing can increase supply chain efficiency by reducing inventories and smoothing production. All these members are having different ranges of information which need to be shared between each other. Many incentives upon sharing information amongst members as they are being able to make good decisions, increase visibility between members and gain more profitability. Information sharing and distribution is what keeps all other functions of supply chain management on track. If the information workflow and communication are lacking, it could break apart the entire chain and lead to mismanagement. The information or data flow SCM model follows critical information like purchase orders, schedules, quotations, and supplier reports from supplier to customer and vice versa. Keeping every department in this information loop increases accuracy, reduces human error, and makes workflows predictable. Responsiveness to customer demand, and overall customer satisfaction, cannot be achieved without proper management of the goods movement and associated information flow throughout the supply chain.Information sharing and distribution is what keeps all other functions of supply chain management on track. If the information workflow and communication are lacking, it could break apart the entire chain and lead to mismanagement.

Information sharing is crucial for supply chain performance as it enhances coordination, reduces uncertainties, and improves overall efficiency. When information flows seamlessly among supply chain partners, it enables better demand forecasting, inventory management, and production planning. This collaboration leads to reduced lead times and costs.If information workflow is not integrated into supply chain management, it can result in fragmented processes, leading to inefficiencies, stockouts, and excess inventory. Lack of real-time data sharing may lead to inaccurate demand forecasting, causing disruptions in the supply chain. Additionally, without proper information flow, it becomes challenging to respond quickly to changes in customer demand or market conditions.

Dr Mehzabin Shawon thank you for your contribution to discussion