Abstract:PurposeThe Physical Internet (PI) provides solutions to improve the current unsustainable economically logistics systems. This paper aims to identify the key themes and point out the gaps to demonstrate the current state of the PI deployment in the industry. Furthermore, this paper attempts to provide possible opportunities for future research to lead research directions of PI deployment in the industry.Design/methodology/approachThis paper follows the methodology of systematic literature review (SLR) includin… Show more
“…For example, Björklund and Forslund (2018) believed that the sustainable development of the logistics industry requires innovative thinking. Through a literature review, Chen et al. (2022) showed the current situation of the physical Internet of things and provided solutions to improve the current unsustainable economic logistics system.…”
Section: Literature Reviewmentioning
confidence: 99%
“…For example, Bj€ orklund and Forslund (2018) believed that the sustainable development of the logistics industry requires innovative thinking. Through a literature review, Chen et al (2022) showed the current situation of the physical Internet of things and provided solutions to improve the current unsustainable economic logistics system. Meanwhile, Luo et al (2022) proposed a new urban logistics solution through the physical Internet, designed a warehouse-type operation mode, provided flexible storage and transit solutions and argued that physical Internet urban logistics has more advantages than conventional solutions.…”
Section: Logistics Operations and Freight Platforms Enabled By Digita...mentioning
PurposeThe development of digital technology has provided technical support to various industries. Specifically, Internet-based freight platforms can ensure the high-quality development of the logistics industry. Online freight platforms can use cargo transportation insurance to improve their service capabilities, promote their differentiated development, create products with platform characteristics and increase their core competitiveness.Design/methodology/approachThis study uses a generalised linear model to fit the claim probability and claim intensity data and analyses freight insurance pricing based on the freight insurance claim data of a freight platform in China.FindingsConsidering traditional pricing risk factors, this study adds two risk factors to fit the claim probability data, that is, the purchase behaviour of freight insurance customers and road density. The two variables can significantly influence the claim probability, and the model fitting outcomes obtained with the logit connection function are excellent. In addition, this study examines the model results under various distribution types for the fitting of the claim intensity data. The fitting outcomes under a gamma distribution are superior to those under the other distribution types, as measured by the Akaike information criterion.Originality/valueWith actual data from an online freight platform in China, this study empirically proves that a generalised linear model is superior to traditional pricing methods for freight insurance. This study constructs a generalised linear pricing model considering the unique features of the freight industry and determines that the transportation distance, cargo weight and road density have a significant influence on the claim probability and claim intensity.
“…For example, Björklund and Forslund (2018) believed that the sustainable development of the logistics industry requires innovative thinking. Through a literature review, Chen et al. (2022) showed the current situation of the physical Internet of things and provided solutions to improve the current unsustainable economic logistics system.…”
Section: Literature Reviewmentioning
confidence: 99%
“…For example, Bj€ orklund and Forslund (2018) believed that the sustainable development of the logistics industry requires innovative thinking. Through a literature review, Chen et al (2022) showed the current situation of the physical Internet of things and provided solutions to improve the current unsustainable economic logistics system. Meanwhile, Luo et al (2022) proposed a new urban logistics solution through the physical Internet, designed a warehouse-type operation mode, provided flexible storage and transit solutions and argued that physical Internet urban logistics has more advantages than conventional solutions.…”
Section: Logistics Operations and Freight Platforms Enabled By Digita...mentioning
PurposeThe development of digital technology has provided technical support to various industries. Specifically, Internet-based freight platforms can ensure the high-quality development of the logistics industry. Online freight platforms can use cargo transportation insurance to improve their service capabilities, promote their differentiated development, create products with platform characteristics and increase their core competitiveness.Design/methodology/approachThis study uses a generalised linear model to fit the claim probability and claim intensity data and analyses freight insurance pricing based on the freight insurance claim data of a freight platform in China.FindingsConsidering traditional pricing risk factors, this study adds two risk factors to fit the claim probability data, that is, the purchase behaviour of freight insurance customers and road density. The two variables can significantly influence the claim probability, and the model fitting outcomes obtained with the logit connection function are excellent. In addition, this study examines the model results under various distribution types for the fitting of the claim intensity data. The fitting outcomes under a gamma distribution are superior to those under the other distribution types, as measured by the Akaike information criterion.Originality/valueWith actual data from an online freight platform in China, this study empirically proves that a generalised linear model is superior to traditional pricing methods for freight insurance. This study constructs a generalised linear pricing model considering the unique features of the freight industry and determines that the transportation distance, cargo weight and road density have a significant influence on the claim probability and claim intensity.
“…The vision of Physical Internet (PI) has gone through a strong maturing process since its conception (Montreuil, 2011), both in terms of its practical articulation and scientific grounding. Recent reviews of the PI-literature (Treiblmaier et al, 2020;Pan et al, 2021;Chen et al, 2022;Nguyen et al, 2022;Cortés-Murcia et al, 2022) explicitly link the PI system concepts to its founding disciplines: industrial engineering (IE) and supply chain management (SCM). Together these PI innovation agendas have helped to involve IE and SCM researchers outside the PI community and have promoted the bundling of global R&D efforts into converging streams of work.…”
This special issue of the Journal of Supply Chain Management Science (JSCMS) presents four papers that were discussed at the 9th International Physical Internet Conference (IPIC) in 2023.
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