scholarly journals Pricing decision research for TPL considering different logistics service level influencing the market demand

2013 ◽  
Vol 6 (1) ◽  
Author(s):  
Wei Li ◽  
Xuehui He ◽  
Kai Nie
Keyword(s):  
Service Level ◽  
Market Demand ◽  
Logistics Service ◽  
Pricing Decision ◽  
Decision Research

scholarly journals Evaluation and Selection of Nigerian Third-Party Logistics Service Providers Using Multi-Criteria Decision Models

2021 ◽  
Vol 12 (1) ◽  
pp. 135-146
Author(s):  
E.A. Ejem ◽  
C.M. Uka ◽  
D.N. Dike ◽  
C.C. Ikeogu ◽  
C.C. Igboanusi ◽  
...  
Keyword(s):  
Service Providers ◽  
Service Level ◽  
Decision Makers ◽  
Third Party ◽  
Decision Models ◽  
Third Party Logistics ◽  
Logistics Service ◽  
Logistics Service Providers ◽  
Selection Of

Abstract This paper is focused on solving the evaluation and selection of 3PL’s by applying multi-criteria decision-making methods. Nigerian Breweries, Nigerian Bottling Company (NBC), AG Leventis, Kobo logistics, and Flour Mills of Nigeria (FMN) were understudied. The main criteria on which evaluation is based were established: Cost, Service level, Financial Capability, Reputation and Long-term relationship. A combination of two quantitative models was adopted in the study. Relevant data were collected through an oral interview with managers and key decision-makers at the companies. SWARA was first applied to the collated data to determine the relative weights of the criteria. Afterwards, the TOPSIS was applied to the weights developed using SWARA and on the performance of the selected service providers. After the analysis, the best service provider was identified as supplier 2 while the worst was supplier 5.

Research on Service Modes of Steel Processing and Distribution Centers in China

2013 ◽  
Vol 671-674 ◽  
pp. 3020-3027
Author(s):  
Gui Rong Liu ◽  
Jun Liu
Keyword(s):  
Supply Chain ◽  
Value Chain ◽  
Service Level ◽  
End Users ◽  
Distribution Centers ◽  
Iron And Steel ◽  
Logistics Service ◽  
Market Situation ◽  
Steel Processing ◽  
Service Mode

Steel processing and distribution centers in China have been constructed by iron and steel enterprises, by warehousing enterprises, by steel circulation enterprises, or by end users. These centers connect steel mills with end users, which’s logistics service level affects the competitive advantages of steel supply-chain. So their common characters, problems and development tendency are analyzed in this paper. Based on this analysis, three service modes with cases are proposed, such as integrated logistics service mode, comprehensive logistics service mode, integrated value chain logistics service mode. Which one mode has been adopted, these centers should take some measures to improve service level and reduce costs. Four measures are put forward for these centers, respectively mastering the dynamic market situation, designing market oriented service mechanism, optimizing the supply chain, re-engineering business process.

Matching volatile demand with transportation services in Vietnam

2015 ◽  
Vol 28 (1) ◽  
pp. 160-174 ◽  
Author(s):  
Albert Tan ◽  
Olli-Pekka Hilmola ◽  
Do Huy Binh
Keyword(s):  
Distribution System ◽  
Demand Uncertainty ◽  
Single Case ◽  
Night Shift ◽  
Research Work ◽  
Service Level ◽  
System Perspective ◽  
Content Type ◽  
Logistics Service

Purpose – Demand for retail transportation is typically volatile, and it is driven by the end of period (month) spiky deliveries. This is especially the case in emerging markets. The purpose of this paper is to examine situation in one of the leading Vietnamese logistics service company with numerous customers within the area of Ho Chi Minh City. Design/methodology/approach – Research work is based on a case study within a company called Gemadept, who is providing logistics services in Vietnam. Researchers were given access to the company data on distribution system, and the authors had collected daily data from transportation operations. Findings – Considerable truck utilization can be achieved even with volatile retail demand environment if optimization is applied to allocate trucks and drivers on certain routes and customer demand points. Relaxing service level of customers shall improve situation further, but not significantly. However, from logistics service point of view, it would be best to use numerous shifts per day (night shift option) to distribute products – this would enable high utilization of distribution fleet while overcoming spiky demand. Research limitations/implications – Analyses are dependent on a single case study of one logistics service provider in Vietnam. While this may limit the findings to some extent, but with rich case data and observations within the company distribution system, it provides the required depth to build an optimized model for the company. Practical implications – In volatile demand environment, it is important to allocate trucks and drivers as well as work schedule in a systematic order, and not based on trial-and-error human intervened timetable. System perspective also enables evaluation of different strategies and their implications on performance. Originality/value – Research work represents one of the seminal studies of Vietnamese retail logistics sector, and verifies that demand uncertainty is high in such environment in addition to exhibiting the end of period demand spikes (hockey stick effect).

scholarly journals Testando a relação nível de serviço versus preço por meio do Laboratório de Logística

2018 ◽  
Vol 17 (1) ◽  
pp. 175-196
Author(s):  
Marco Aurelio Carino Bouzada
Keyword(s):  
Performance Indicators ◽  
Research Question ◽  
Service Level ◽  
Experimental Results ◽  
Sale Price ◽  
Sales Price ◽  
Logistics Service ◽  
Business Game ◽  
The Impact ◽  
The Relationship

Resumo: Será que empresas que oferecem nível de serviço logístico mais elevado alcançam mesmo maiores receitas e incorrem em custos maiores, como prega a teoria? Nesta pesquisa teve-se como objetivo testar a relação entre nível de serviço, preço de venda e alguns indicadores de desempenho das empresas gerenciadas por participantes de um Jogo de Logística. Para testar a questão de pesquisa foram realizadas sete análises de correlação. O principal resultado foi a constatação do impacto do nível de serviço nos custos e na receita e do preço de venda na receita e no resultado total. Esses achados empíricos foram comparados às conclusões teóricas encontradas na literatura. Foi possível concluir que as discordâncias com a teoria não caracterizam, necessariamente, que os resultados experimentais estão refutando os teóricos, apenas indica que os participantes do Jogo não estão, de maneira geral, atendendo às sugestões da teoria.Palavras-chave: Jogos de Empresas. Logística. Laboratório de Logística. Nível de Serviço Logístico. Preço. Testing the relationship between service level and price through the Logistics Laboratory Abstract: Do companies that offer higher level of logistics service achieve higher revenues and have to deal with higher costs, as the theory says? This research aimed to test the relationship among service level, sales price and some performance indicators of companies managed by participants of a Logistics Business Game. To test the research question, seven correlation analyzes were performed. The main results were the verification of the impact of the service level on costs and revenue and the impact of the sale price on revenue and total result. These empirical findings were compared to the theoretical conclusions found in the literature. It was possible to conclude that the disagreements with theory do not imply that the experimental results are refuting the theoretical ones; they only indicate that the participants of the Game are not, in general, attending to the suggestions of the theory.Keywords: Business Games. Logistics. Logistics Laboratory. Logistical Service Level. Price.

scholarly journals Pricing Strategies In High-Inflation Markets: Implications For The Multinational Corporation

2011 ◽  
Vol 9 (1) ◽  
pp. 44
Author(s):  
Alphonso O. Ogbuehi
Keyword(s):  
Multinational Corporation ◽  
Multinational Firms ◽  
Pricing Strategies ◽  
Market Demand ◽  
Internal Factors ◽  
Government Regulations ◽  
Market Pricing ◽  
Easy Task ◽  
Pricing Decision ◽  
High Inflation

The pricing decision of multinational firms directly affects their ability to competitively remain in a high-inflation market. Pricing, never an easy task, involves many factors such as competition, market demand, government regulations, and internal factors. However, when the firm must set price within a high-inflation market, these factors become compounded. A framework for formulating pricing strategies in high-inflation markets is proposed.

scholarly journals Pricing decision of a dual-channel supply chain with different payment, corporate social responsibility and service level

2021 ◽  
Author(s):  
Baogui Xin ◽  
Le Zhang ◽  
Lei Xie
Keyword(s):  
Supply Chain ◽  
Interest Rate ◽  
Supply Chains ◽  
Stackelberg Game ◽  
Service Level ◽  
Optimal Decision ◽  
Payment Methods ◽  
Dual Channel ◽  
Pricing Decision ◽  
Dual Channel Supply Chain

Strategies such as price, CSR, and service have an important impact on enterprises and supply chains. This paper proposes a two-echelon dual-channel supply chain composed of a manufacturer and a retailer. Considering the product pricing, CSR level, and service level in the supply chain, this paper employs the Stackelberg game to depict supply chain participants' optimal decisions and analyze the influence of explanatory variables on the optimal decision with retailer's payment methods. The results state that market share, service level, CSR, and financing interest rate significantly impact the pricing decision of all participants in the supply chain. In addition, strategies of CSR level and service level are also affected by the discount rate of advance payment, financing interest rate, return on investment, and opportunity cost rate. This paper incorporates CSR and service level into the objective function, considers a variety of retailers' payment methods, enriches the supply chain's pricing model, and is of great value to scientific decision-making of enterprises and sustainable development of supply chains.

DESIGN OF ROBUST DISTRIBUTION NETWORKS RUN BY THIRD PARTY LOGISTICS SERVICE PROVIDERS

2012 ◽  
Vol 15 (05) ◽  
pp. 1150024 ◽  
Author(s):  
M. P. M. HENDRIKS ◽  
D. ARMBRUSTER ◽  
M. LAUMANNS ◽  
E. LEFEBER ◽  
J. T. UDDING
Keyword(s):  
Network Topology ◽  
Service Providers ◽  
Supply And Demand ◽  
Distribution Networks ◽  
Optimization Method ◽  
Service Level ◽  
Third Party ◽  
Third Party Logistics ◽  
Logistics Service ◽  
Set Up

We consider a third party logistics service provider (LSP), who faces the problem of distributing different products from suppliers to consumers having no control on supply and demand. In a third party set-up, the operations of transport and storage are run as a black box for a fixed price. Thus the incentive for an LSP is to reduce its operational costs. The objective of this paper is to find an efficient network topology on a tactical level, which still satisfies the service level agreements on the operational level. We develop an optimization method, which constructs a tactical network topology based on the operational decisions resulting from a given model predictive control (MPC) policy. Experiments suggest that such a topology typically requires only a small fraction of all possible links. As expected, the found topology is sensitive to changes in supply and demand averages. Interestingly, the found topology appears to be robust to changes in second order moments of supply and demand distributions.

scholarly journals Optimal Pricing Decision of Fashion Apparel considering Experiential Service and Design Enhancement

Complexity ◽  
2020 ◽  
Vol 2020 ◽  
pp. 1-11 ◽  
Author(s):  
Qi Xu ◽  
Lili Zhou ◽  
Qi Chen
Keyword(s):  
Substitution Effects ◽  
Optimal Pricing ◽  
Selling Price ◽  
Market Demand ◽  
Complementarity Effect ◽  
Deterioration Rate ◽  
Pricing Decision ◽  
Proposed Model ◽  
Total Profit ◽  
Fashion Apparel

Fashionable clothing is susceptible to seasonality, fashion popularity, and other factors. The decline in the fashion level for fashion apparel will cause its market value to continuously decrease, reducing market demand and creating a backlog of apparel inventory. Under such a circumstance, the apparel retailer chooses to maintain the fashion of the goods by providing experiential services or enhancing product design capabilities. This paper focuses on the discussions on the issue of whether experience service and design efforts are complements or substitutes. The major objective is to simultaneously determine the experience service investment and the optimal selling price to maximize the total profit. First, a Cobb–Douglas utility function is used to derive a demand function that depends on the price and fashion level. Four kinds of inventory models are further established to obtain optimal pricing and inventory ordering strategies. Second, an algorithm is presented to search for the optimal solutions of the proposed model. Finally, a numerical example is provided to perform a sensitivity analysis of the key parameters and to discuss specific managerial insights. The numerical examples show that both the experiential services and the enhanced fashion design can effectively reduce the apparel company’s inventory and increase profits. When the two strategies are combined, they will produce complementary or substitution effects, which depend on the deterioration rate of the fashion level of the apparel. If the deterioration rate is less than a critical value, the interaction of experiential services and design investment has a complementarity effect.

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