An auction mechanism for the last-mile deliveries via urban consolidation centre

Handoko, Stephanus Daniel; Nguyen, Duc Thien; Lau, Hoong Chuin

doi:10.1109/coase.2014.6899390

Cited by 27 publications

(14 citation statements)

References 8 publications

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“…In [1], it is assumed that shippers/carriers are aware of the potential cost savings they can benefit from when using the service offered by the vee for their last-mile deliveries. It is further assumed that the vee operates its own resources to consolidate and deliver orders to the city centre.…”

Section: Basic Uee Auctionmentioning

confidence: 99%

“…We found no literature discussing the automatic matching of orders to the available fleets of UCCs' transport vehicles for the efficient last-mile deliveries. We believe [1] to be the first auction mechanism proposed for the last-mile delivery via the UCc. Compared to the fixed-rate mechanism, the proposed auction is distinctively aimed at achieving both operational efficiency and economic viability-both of which are important for the sustainability of the UCc.…”

Section: Introductionmentioning

confidence: 99%

“…The basic auction mechanism proposed in [1] is however quite restrictive in that bidders are only allowed to compete for the UCC's resources in the immediate period following the winner determination. In that paper, a period of one week was observed.…”

Section: Introductionmentioning

confidence: 99%

“…Section II briefly reviews some related works on auction in the logistics. Section III elaborates the basic auction mechanism presented in [1] and forms the basis of our extension described in this paper. Section IV proposes the auction mechanism in elaborative manner.…”

Section: Introductionmentioning

confidence: 99%

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An auction with rolling horizon for urban consolidation centre

Wang

Handoko

Lau

2014

Proceedings of 2014 IEEE International Conference on Service Operations and Logistics, and Informatics

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Ahstract-A number of cities around the world have adopted urban consolidation centres (VCCs) to address some challenges of their last-mile deliveries. At the VCC, goods are consolidated based on their destinations prior to their deliveries into the city centre. In many examples, the VCC owns a fleet of eco-friendly vehicles to carry out the deliveries. A carrier/shipper who buys the VCC's service hence no longer needs to enter the city centre in which time-window and vehicle-type restrictions may apply.As a result, it becomes possible to retain the use of large trucks for the economies of scale outside the city centre. Furthermore, time which would otherwise be spent in the city centre can then be used to deliver more orders. With possibly tighter regulation and thinning profit margin in near future, requests for the use of the VCC's service shall become more and more common. In [1], the authors proposed a profit-maximizing auction mechanism for the use of the VCC's last-mile delivery service. In this paper, we extend that work with the idea of a rolling horizon to give bidders greater flexibility in competing for the VCC's resources in advance. In particular, it addresses the challenge that many shippers/carriers plan their deliveries many weeks ahead, and simultaneously allows last-minute bidders to compete for the VCC's resources.

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Section: Basic Uee Auctionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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An auction with rolling horizon for urban consolidation centre

Wang

Handoko

Lau

2014

Proceedings of 2014 IEEE International Conference on Service Operations and Logistics, and Informatics

Self Cite

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“…Multi-Criteria Decision based on Fuzzy theory for UDC localization has been developed in [2] based on several criteria as urban congestion, air quality and reduction of the total distribution cost in order to increase business efficiency. A profitmaximizing auction mechanism for the consolidation of shipments into the city centre for the last-mile deliveries via Urban Consolidation Centres (UCC) has been proposed in [3]. Such auction is aimed to achieving both operational viability and economic efficiency for the sustainability of the UCC.…”

Section: Introductionmentioning

confidence: 99%

Development of a New Concept Electric Vehicle for Last Mile Transportations

Andaloro

Napoli

Sergi

et al. 2015

WEVJ

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Within European cities, where 68% of the EU population lives using 70% of the energy, an integrated and sustainable urban approach is Other important aspects are to define specific mission of use, range of autonomy, recharge times and cost in terms of batteries and recharge systems technologies.In conclusion synergy of electro-mobility with renewable energy plants and smart grids is essential for sustainability of smart city concept.

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