Day-Definite Full Container Load Service for Time-Sensitive Shippers

Author:

Kouvelis Panos1,Li Jian2

Affiliation:

1. Olin Business School, Washington University in St. Louis, St. Louis, MO, USA

2. College of Business and Management, Northeastern Illinois University, Chicago, IL, USA

Abstract

The authors quantify the benefits of a newly introduced logistics product, day-definite Full Container-load (FCL), in terms of its cost reduction relative to other existing products – regular FCL and airfreight, from the perspective of a logistic manager in an intercontinental supply chain facing lead-time uncertainties. Numerical examples and sensitivity analysis are provided to illustrate the comparison across the above-mentioned three logistics products and the impact of other factors on the performance of these logistics products.

Publisher

IGI Global

Subject

Information Systems,Management Information Systems

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