Contract design for the fourth party logistics considering tardiness risk

Wang, H.; Huang, Ming; Xu, Feng; Zhou, Yanjie

doi:10.5267/j.ijiec.2021.9.002

Cited by 6 publications

(4 citation statements)

References 22 publications

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“…Although Yang and Yu [ 5 ] discussed the role of integrated logistics and procurement services provided by third-party logistics (3PL) in the Stackelberg game. Wang et al [ 30 ] investigated the impact of 3PL’s risk aversion under MV framework. However, they ignored the carbon policy.…”

Section: Literature Reviewmentioning

confidence: 99%

Pricing decisions of risk averse logistic companies with carbon cap and trade under Stackelberg game

Huang,

Liu,

Tao

et al. 2023

PLoS ONE

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With the implementation of the double carbon plan, this paper considers the delivery fees of two risk averse logistics companies under carbon cap and trade mechanism. We establish logistics company Stackelberg (MS) model and retailer Stackelberg (RS) model under mean variance (MV) framework, respectively. We obtain the optimal delivery fees and retail prices. We find out that the higher degree of risk aversion can lead to a lower delivery fee. We also show that a higher carbon trading price or a higher cross price sensitivity will increase delivery fees. Moreover, we indicate that the performances of logistics companies under MS scenario are higher than that RS scenario. In addition, we suggest that under the carbon cap and trade rules, in order to obtain higher profits, logistics companies should use fuel vehicle for transportation under certain conditions, and use electric vehicle in other cases.

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Section: Literature Reviewmentioning

confidence: 99%

Pricing decisions of risk averse logistic companies with carbon cap and trade under Stackelberg game

Huang,

Liu,

Tao

et al. 2023

PLoS ONE

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“…Chiappinelli (2020) stresses on application of problem-specific approaches on their research, the essential of processes and tasking flexibility measurement as an answer to address the market volatility and to fulfil the diverse customer needs. Manufacturing strategies consists of competitive priorities which mainly focus on effectiveness, cost, delivery, flexibility, innovation and responsiveness (Wang, Huang, Feng & Zhou, 2022). Also competitive priorities have been widely used as part of the measurement for manufacturing strategy performance.…”

Section: Introductionmentioning

confidence: 99%

The Influence of Fourth Party Logistics Services on Performance of Manufactuirng Sector in Kenya: A Study in Food and Beverage Manufacturing Firms

Naomy Jepchumba

2023

rowter

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The aim of this study was to establish the relationship between fourth party logistics services and performance of food and beverage manufacturing companies in Kenya. This research study adopted a descriptive and cross-sectional research designs. Data was collected from the food and beverage manufacturing firms using self-administered questionnaires. The data collected was analyzed by use of descriptive and inferential statistics. The findings from the study revealed that freight management, logistics information systems management, customer relations management and product Packaging had a significant influence on the performance of food and beverage processing firms. The study concluded that fourth party logistics through freight management, logistics information system, customer relations management and product Packaging were critical in enhancing the performance of food and beverage processing firms in Kenya. The study recommends that the management of food and beverage processing firms ought to embrace fourth party logistics services by having a freight management framework, enhancing use of logistics information systems, bringing customers on board and embracing effective and innovative ways of Packaging the products in order to gain performance.

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“…Chiappinelli (2020) stresses on application of problem-specific approaches on their research, the essential of processes and tasking flexibility measurement as an answer to address the market volatility and to fulfil the diverse customer needs. Manufacturing strategies consists of competitive priorities which mainly focus on effectiveness, cost, delivery, flexibility, innovation and responsiveness (Wang et al, 2022). Also competitive priorities have been widely used as part of the measurement for manufacturing strategy performance.…”

Section: Introduction 11 Background To the Studymentioning

confidence: 99%

Customer Relations Management in Fourth Party Logistics and its Influence on Performance of Food and Beverage Manufacturing Firms in Kenya

Jepchumba

Ngugi²,

Shale³

et al. 2022

IJSCL

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Purpose: The aim of this study was to establish role played by customer relations management as an aspect of fourth party logistics on performance of food and beverage manufacturing companies in Kenya. The study was anchored on the partnerships theory that upholds the need for bringing the customers closer in order to understand and meet their needs. Methodology: This research study adopted a descriptive and cross-sectional research designs. The designs were preferred since they allowed both in-depth study of the subject and comparison of the relationship between variables. Data was collected using self-administered questionnaires. The data collected was analysed by use of descriptive and inferential statistics. A regression model was used to show the relationship between the dependent variable and the independent variable. Findings: The findings from the study revealed that customer relations management as one of the core components of fourth party logistics play an integral role in enhancing the performance of food and beverage processing firms. The study concluded that fourth party logistics through customer relations management is critical in enhancing the performance of food and beverage processing firms in Kenya. Unique contribution to theory, practice and policy: The study recommended that the management of food and beverage processing firms ought to embrace fourth party logistics services by bringing customers on board in order to gain performance

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Contract design for the fourth party logistics considering tardiness risk

Cited by 6 publications

References 22 publications

Pricing decisions of risk averse logistic companies with carbon cap and trade under Stackelberg game

Pricing decisions of risk averse logistic companies with carbon cap and trade under Stackelberg game

The Influence of Fourth Party Logistics Services on Performance of Manufactuirng Sector in Kenya: A Study in Food and Beverage Manufacturing Firms

Customer Relations Management in Fourth Party Logistics and its Influence on Performance of Food and Beverage Manufacturing Firms in Kenya

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