The paper studies the effects of lead time managed and information sharing strategies on supply chain performance. We proposed four types of information sharing strategies for a supply chain: (1) Order information strategy, (2) Demand information sharing strategy, (3) Inventory sharing strategy, (4) Shipment information sharing strategy. The analytical approach is on a multi-echelon supply chain to evaluate the impact of different lead time distributions under four information sharing strategies. In this paper, we set out to explore what will happen if the end customers’demand pattern changes and where lead time relaxing managed will accordingly improved the supply chain performance under different information sharing strategies. Our numerical results indicate that demand information sharing strategy gives improvement in four-tier supply chain performance of overall inventory cost and bullwhip effect. For demand information sharing strategy, the bullwhip effect remains unchanged under the different lead time distribution. The different lead time skewed distributions will lead to reduce the bullwhip effect for the other information sharing strategies. We also observe that the supply chain performs better when we have larger lead time upstream and shorter lead time downstream ( i. e. skewed towards upstream). These insights can help managers in the lead time control under different information sharing strategies.