4PL Suppliers Evaluating Indicator System Based on Grey Correlation Model

Abstract

Abstract:The fourth party logistics which acts as a new role will increasingly play more and more important functions. In this paper, for a given deformation problems of 4PL providers' evaluation, We builds up a fourth party logistics evaluating indicator system based on four factors, which are quality, technical abilities, collaboration and price. Besides, we studies the analysis methods of grey correlation model and gives the definition of the correlation coefficient. Then we quantifies the index system and gives different weights to all evaluation indexes by calculating the grey relational grades. The studies show that different variable factors on the impact of choosing the fourth party logistics suppliers and it is more suitable in the practice than traditional methods.

Synergies and misalignments in lean and green practices: a logistics industry perspective

“…However, there are many senior management teams that are not ready to wait for long-term to see the benefit from integrated approach and thus sceptical about making more investment in Lean and Green approach. Florida, 1996;Franchetti et al, 2009;Cheraffi et al, 2017Piercy & Rich, 2015Colicchia et al, 2017; In addition to challenges related to JIT policies, insufficient supply chain visibility can lead to unnecessary inefficiencies in inventory holding and transportation operations, as found by Ye & Wu (2015) and Sanchez Rodrigues et al (2015). Another main difference between Lean and Green lies in how they see the environment.…”

“…Instead, participants from companies B and C emphasise how not having technologies, either related to ICT and/or vehicle improvements, available to the company adopting Green and Lean can hinder the success of this type of programme. Recent research studies emphasise that insufficient supply chain visibility can lead to unnecessary inefficiencies in inventory holding and transportation operations (Ye & Wu, 2015;Sanchez Rodrigues et al, 2015). Furthermore, the findings gathered from Case A show that lead-time and inventory levels could need to be increased when implementing Lean and Green, since cargo shift from road to rail or water transport can lead to CO2e reduction but increases in delivery time and stock levels.…”