A comparative study of three different SCM approaches Available to Purchase

A comparative study of three different approaches on a hypothetical supply chain model is presented. The three approaches investigated are: independent; semi‐integrated; and integrated. In the independent approach, it is assumed that decisions are made independently at three different levels. Decisions are assumed to be made at two different levels in the semi‐integrated approach. In the integrated approach, all decisions are assumed to be made at a single level.