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Information sharing strategies in whitefish supply chains in Norway vs. Iceland

Abstract

Information sharing is one of the main supply chain strategies for reducing uncertainty and is vital for supply chain efficiency. The motivation factors for supply chain information sharing include legislative requirements, efficient product recalls, optimization of business processes and product differentiation. Whitefish value chains are complex in nature due to high supply uncertainty and rapid quality deterioration due to handling and temperature variations. For decades, whitefish industries in Iceland and Norway have produced similar products and have exported to the same global markets. Nevertheless, there are indications that the Icelandic industry has had more market success than the Norwegian industry. The lack of vertical integration in the Norwegian whitefish industry limits the information sharing between the fishing vessels and the processors and this in turn limits the decision support for meeting the market needs. We compare the information sharing practices in the whitefish supply chains in Norway and Iceland and how this influences the supply chain decision making.

Category

Lecture

Client

  • Research Council of Norway (RCN) / 233709

Language

English

Author(s)

  • Maitri Thakur
  • Valur N. Gunnlaugsson

Affiliation

  • SINTEF Ocean / Climate and Environment
  • Unknown

Presented at

World Seafood Congress

Place

Reykjavik

Date

11.09.2017 - 13.09.2017

Year

2017

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