The impact of different contract structures on IT investment in logistics outsourcing

Gong, Fengmei; Kung, David S.; Zeng, Tong

doi:10.1016/j.ijpe.2017.10.009

Cited by 27 publications

(20 citation statements)

References 39 publications

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“…Some researchers investigate the performance of two or more different contracts. Gong et al (2018) analysed the impact of four different contract structures on the level of investment of 3PL. Wang et al (2018) studied two contracts to examine the impact of shipment insurance premium.…”

Section: Literature Reviewmentioning

confidence: 99%

Contract design for the fourth party logistics considering tardiness risk

Wang¹,

Huang²,

Xu³

et al. 2022

10.5267/j.ijiec

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Nowadays, tardiness has become a significant risk in the logistics industry. To address this problem, we introduce the tardiness risk index to quantify both the magnitude of the tardiness risk and the maximum probability of tardiness occurring. In this paper, we investigate the contract design problem with the tardiness risk index to mitigate the tardiness risk when a fourth-party logistics company (4PL) delegates the delivery task of a client to a third-party logistics company (3PL). Specifically, the contracts are designed in a decentralized system with information symmetry and information asymmetry when 3PL is risk neutral and risk averse. Furthermore, the incentive problems demonstrated that the 3PL is encouraged to make the optimal effort for delivery and the 4PL determines the optimal fixed payment and penalty coefficient. Through analyzing the experimental simulation results, we can find that the contract can effectively mitigate the tardiness risk and the maximum probability of risk occurrence.

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Section: Literature Reviewmentioning

confidence: 99%

Contract design for the fourth party logistics considering tardiness risk

Wang¹,

Huang²,

Xu³

et al. 2022

10.5267/j.ijiec

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“…Por otra parte, la disponibilidad de tecnologías de la información y sistemas de información (TI/SI) se han convertido en el centro de las capacidades que son esenciales para que los clientes y los 3PL puedan gestionar de manera efectiva la cadena de suministro, de tal forma que, la capacidad de TI/SI es el segundo criterio más utilizado en 60% (20) de los trabajos. Como menciona Gong et al (2018) las capacidades de tecnología de la información son un factor relevante para la ventaja competitiva de sectores como el de la logística y en particular de los 3PL.…”

Section: Criterios De Evaluaciónunclassified

Selection and evaluation of third party logistics in the supply chain: A systematic review

Macías¹,

Hernández²

2021

cuadernosgestion

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A nivel mundial se estima que más del 85% de las principales empresas utilizan servicios logísticos externos, con tasas de crecimiento de este mercado de servicios proyectadas entre el 18 y 22% por año. Esta tendencia ha generado un creciente interés en los investigadores de la cadena de suministro por proponer diferentes enfoques para la selección y evaluación del desempeño de los proveedores de logística externa (3PL). En este artículo se propone una revisión sistemática analizando una muestra de artículos publicados en revistas indexadas con el objetivo de identificar las principales contribuciones sobre este tema. Este estudio muestra que la evaluación y selección de un 3PL es una decisión crítica y compleja, debido a la existencia de varios criterios de base imprecisa y subjetiva. Como resultado, se presentan características metodológicas, enfoques utilizados, modelos aplicados, atributos de las revistas e industrias que utilizan proveedores de logística externa. El costo, las tecnologías de la información implementadas por los proveedores de logística y la efectividad en los envíos y entregas a tiempo, son los criterios más valorados por las empresas para la evaluación y selección de 3PL. Los resultados de este estudio sirven a apoyo a los investigadores, como referencia que permite identificar algunas posibilidades para futuras investigaciones en el campo de los proveedores que ofertan servicios de logística externa, impulsando la competitividad en la cadena de suministro.

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“…Hu and Feng (2017) studied the optimization and coordination of one-supplier-one-buyer supply chain under supply and demand uncertainty. Gong, Kung, and Zeng (2018) analyzed a 3PL provider's IT investment and provided 3PL buyers and providers guidance in terms of using contract structures to motivate IT investment in logistics outsourcing. Cai, Chen, Xiao, Xu, and Yu (2013) studied a fresh product supply chain.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Coordination Analysis of Revenue Sharing in E-Commerce Logistics Service Supply Chain With Cooperative Distribution

et al. 2019

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With the rapid development of e-commerce, logistics distribution has become the bottleneck of its development. It is urgent to study how to optimize the cooperation between e-commerce platforms and logistics service providers. Based on Stackelberg game theory, this research first studies the decision making of two-stage logistics service supply chains consisting of the e-commerce mall and the logistics service provider without cooperative distribution, in which decentralization and centralization are analyzed, respectively. Then, it is extended to the decision making of three-stage logistics service supply chains consisting of e-commerce malls, express delivery companies, and terminal distributors. The results show that the profit, sales volume, and logistics service effort of the centralized decision-making system are higher than those of the decentralized decision-making system, regardless of the two-stage or three-stage logistics service supply chain. Therefore, it is vital to formulate a reasonable profit distribution scheme based on revenue-sharing contract to achieve the cooperation among the partners of logistics service supply chain, so as to achieve a win-win situation in which all of their profits increase. Finally, a numerical example is presented to verify the results, and some issues are proposed for future research.

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The impact of different contract structures on IT investment in logistics outsourcing

Cited by 27 publications

References 39 publications

Contract design for the fourth party logistics considering tardiness risk

Contract design for the fourth party logistics considering tardiness risk

Selection and evaluation of third party logistics in the supply chain: A systematic review

Coordination Analysis of Revenue Sharing in E-Commerce Logistics Service Supply Chain With Cooperative Distribution

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