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Modelling the 3PL service chain in steel bar logistics
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Lu, Dawei and Wang, M. S.. Modelling the 3PL service chain in steel bar logistics. World Journal of Management, Vol.3 (No.2). pp. 1-11. ISSN 1838-3726
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Official URL: http://wbiaus.org/1.%20Dawei.pdf
Abstract
The aim of the paper is to present a conceptual exploration on how a newly emerged distribution service business in China is developed, interpreted and modelled. The changes in logistics process and structure were primarily driven by not only the higher returns on investment to the participating members individually, but also by that of the total supply chain. The study draws on a recent case from a fast expanding 3PL company in China and frames the case with a conceptual flow-model and interprets it mathematically by using a linear bi-level programming algorism. The emerged steel bar logistics service model studied here represents a new business evolution in the 3PL service industry in China. The application of bi-level programming algorithm in assessing returns on investment and the total supply chain value has been original.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
| Divisions: | Faculty of Science > WMG (Formerly the Warwick Manufacturing Group) |
| Library of Congress Subject Headings (LCSH): | Business logistics -- Econometric models, Business logistics -- China, Physical distribution of goods -- Management, Physical distribution of goods -- China |
| Journal or Publication Title: | World Journal of Management |
| Publisher: | World Business Institute, Australia |
| ISSN: | 1838-3726 |
| Volume: | Vol.3 |
| Number: | No.2 |
| Page Range: | pp. 1-11 |
| Status: | Not Peer Reviewed |
| Publication Status: | Published |
| Version or Related Resource: | Paper presented at: 14th International Business Research Conference, Dubai, UAE, 28th-30th April 2011 |
| Conference Paper Type: | Paper |
| Type of Event: | Conference |
| URI: | http://wrap.warwick.ac.uk/id/eprint/40309 |
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