This paper creates an overview of previous research which has been conducted related to how information exchange can improve planning and control decisions in order to establish directions for future research. By synthetizing literature reviews, more than 130 unique papers are considered in the analysis. It is identified that most research only examines a dyad relation, and there exist a strong focus on how to improve the order replenishment by using demand and inventory level information. Case studies, simulation models, and inclusion of more complex network structures is suggested for future research.