Benchmarking the operational efficiency of third party logistics providers using data envelopment analysis

2006 ◽  
Vol 11 (3) ◽  
pp. 259-265 ◽  
Author(s):  
Hokey Min ◽  
Seong Jong Joo
Keyword(s):  
Data Envelopment Analysis ◽  
Operational Efficiency ◽  
Third Party ◽  
Data Envelopment ◽  
Third Party Logistics ◽  
Using Data

scholarly journals A comparative evaluation of operational efficiency of wood industry using data envelopment analysis and Malmquist productivity index

2019 ◽  
Vol 70 (3) ◽  
pp. 287-298 ◽  
Author(s):  
Jože Kropivšek ◽  
Matej Jošt ◽  
Petra Grošelj ◽  
Darko Motik ◽  
Andreja Pirc Barčić ◽  
...  
Keyword(s):  
Data Envelopment Analysis ◽  
Comparative Evaluation ◽  
Operational Efficiency ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Data Envelopment ◽  
Low Carbon ◽  
Wood Industry ◽  
International Comparative ◽  
Using Data

The wood industry, as a traditional sector, represents a very important part of the economy in terms of ensuring a sustainable development of society and transition to a low-carbon society in both countries studied, Slovenia and Croatia. For its further development, it is crucial to know the current position of the industry. The best way to achieve this is an analysis of financial data and international comparative evaluation of its operational efficiency. The aim of the research is to compare the relative efficiency of the wood industry using Data Envelopment Analysis (DEA) and the Malmquist Productivity Index (MI), focusing on the Slovenian and Croatian wood industry sectors (C16 and C31) for a recent five-year period (from 2013-2017). With this purpose, the combined measure DEA/MI was applied. The analysis includes only the highest rated companies with more than fi ve employees, divided into 12 clusters regarding the company size. As a result, it was established that clusters CRO-C31- micro, CRO-C16-micro and SI-C16-larger have the highest operational efficiency, due to the effects of different financial indicators, especially activity and liquidity ratios. In general, within the grouped clusters regarding country and subsector, groups SI-C16 and CRO-C31 achieve the highest values for the average of weighted score of efficiency, while CRO-C16 achieves the lowest values.

scholarly journals Benchmarking the operational efficiency of major U.S. trucking firms using data envelopment analysis

2003 ◽  
Vol 14 (2) ◽  
pp. 22-34 ◽  
Author(s):  
Hokey Min ◽  
Seong Jong Joo
Keyword(s):  
United States ◽  
Data Envelopment Analysis ◽  
Best Practices ◽  
Continuous Improvement ◽  
The United States ◽  
Operational Efficiency ◽  
Data Envelopment ◽  
Logistics Industry ◽  
Non Profit ◽  
Using Data

In an era of downsizing and financial cutbacks, the operational efficiency of trucking firms dictates their competitiveness and survival. In an effort to help trucking firms develop a winning formula in the fiercely competitive logistics industry, this research aims to develop a meaningful set of benchmarks that will set the tone for best practices. In particular, a data envelopment analysis (DEA) is described. DEA has proven to be useful for measuring the operational efficiency of various profit or non-profit organizations. Using the examples of major trucking businesses in the United States, the usefulness of data envelopment analysis for the continuous improvement of trucking services is illustrated.

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