Identifying information asymmetry challenges in the defence sector

摘要

Nowadays austerity policy and reduced funding promote the Defence Sector (DS) interested in improving interactions across the supply network to achieve more outcomes with less expense. The quality of the information link plays a key role in the supply chain. The information is often lost causing costs increase. Information Asymmetry (IA) exists when two or more parties in a contract/project have different types or amounts of information, and choose not to share or fail to understand information that is shared. This paper aims to outline some of the challenges faced within the DS as a result of the existence of IA. This is the first step towards improving the management of IA and has been supported by a literature review and through semi-structured interviews with subject matter experts. Therefore, the conclusions in this paper can be used for further developments in this area of study.