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Demand Chain Management Model: A Tool for Stakeholders’ Value Creation

Author

Listed:
  • Kwabena Sarpong Anning

    (Kwame Nkrumah University of Science and Technology and Africa Centre for Supply Chain Research)

  • Stephen Okyere

    (Purchasing and Supply Department, Kumasi Polytechnic)

  • Jonathan Annan

    (Department of Information Systems and Decision Sciences, School of Business, Kwame Nkrumah University of Science & Technology)

Abstract

The recent pressure on organisations to maximise shareholders value through demand chain management has brought about many arguments as there are different consensuses on what supply chain management and demand chain management are.This study aims to augment the existing knowledge of demand chain management concept and how it can be used to maximise stakeholders’ value. The study examines demand chain management through comprehensive literature review on the various definitions of demand chain management, the difference between demand chain management and how they can be integrated to achieve stakeholders’ value. It also reviews literature on evidence of demand chain management in practice. Based on the literature review a model of demand chain management is developed. The study suggests finding the balance between supply chain and demand chain in order to maximise customer value hence shareholders value.

Suggested Citation

  • Kwabena Sarpong Anning & Stephen Okyere & Jonathan Annan, 2013. "Demand Chain Management Model: A Tool for Stakeholders’ Value Creation," International Journal of Business and Social Research, LAR Center Press, vol. 3(12), pages 37-47, December.
    • Handle: RePEc:lrc:larijb:v:3:y:2013:i:12:p:37-47
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    References listed on IDEAS

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    1. Stephen C. Graves, 1999. "A Single-Item Inventory Model for a Nonstationary Demand Process," Manufacturing & Service Operations Management, INFORMS, vol. 1(1), pages 50-61.
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