Information Sharing in Construction Supply Chain

Abstract

In order to improve information asymmetry in construction supply chain and keep effective information among parties involved sharing seamlessly, current narrow sense understanding of information sharing in construction industry is summarized firstly; then broaden content and essence of information sharing in construction supply chain is pointed out, that is not only information sharing which can be improved by information technology included, but some asymmetric information which caused by different parties own interest also included in sharing scope. Information sharing is process of making information symmetrical to each party. Conclusion is given that information sharing is basis for adding value to whole construction supply chain under the condition of risk & profit sharing.