Evaluation and selection of third party logistics services providers using data envelopment analysis: a sustainable approach

2018 ◽  
Vol 14 (4) ◽  
pp. 427 ◽  
Author(s):  
Nirupam Choudhury ◽  
Rakesh D. Raut ◽  
Bhaskar B. Gardas ◽  
Manoj G. Kharat ◽  
Sankalp Ichake
Keyword(s):  
Data Envelopment Analysis ◽  
Third Party ◽  
Data Envelopment ◽  
Third Party Logistics ◽  
Logistics Services ◽  
Using Data ◽  
Selection Of

scholarly journals New product concept selection: an integrated approach using data envelopment analysis (DEA) and conjoint analysis (CA)

2014 ◽  
Vol 3 (1) ◽  
pp. 44 ◽  
Author(s):  
SaEd M. Salhieh ◽  
Mira Y. Al-Harris
Keyword(s):  
Data Envelopment Analysis ◽  
Conjoint Analysis ◽  
Perceived Value ◽  
New Product ◽  
Data Envelopment ◽  
Product Concept ◽  
Customer Perceived Value ◽  
Using Data ◽  
Product Concepts ◽  
Selection Of

New product concept development is considered to be a critical step and the main determinant for the success or failure of new product development. This paper introduces a new methodology for the evaluation and selection of new product concepts using Data Envelopment Analysis (DEA) and Conjoint Analysis (CA). The proposed methodology integrates customer perceived value of the new product concepts through the use of CA and uses this perceived value as a measure for the new concepts performance. In addition, the methodology takes into account the development burden that a company has to perform to bring the new concept into a state of market readiness. This development burden is estimated by determining two main factors, namely the burden to produce and the burden to sell the new product concept. The customer perceived value and the development burden are both used in DEA to evaluate the new product concepts resulting in the selection of the best product concept. The applicability of the proposed methodology is illustrated through a case study. Keywords: Product development, concept selection, data envelopment analysis, conjoint analysis.

3PL evaluation and selection using integrated analytical modeling

2017 ◽  
Vol 12 (2) ◽  
pp. 224-242 ◽  
Author(s):  
Abhijeet Haldar ◽  
Umer Qamaruddin ◽  
Rakesh Raut ◽  
Sachin Kamble ◽  
Manoj Govind Kharat ◽  
...  
Keyword(s):  
Multiple Criteria Decision Making ◽  
Real Data ◽  
Integrated Approach ◽  
Third Party ◽  
Vendor Selection ◽  
Data Envelopment ◽  
Third Party Logistics ◽  
Content Type ◽  
Practical Implications ◽  
Selection Of

Purpose The purpose of this paper is to propose a framework for evaluating and selecting the most optimal third-party logistics (3PL) service provider vendor among the available ones. Selection is done based on the performance values of the vendors on certain predefined criteria. Design/methodology/approach An integrated approach involving data envelopment analysis (DEA), technique for order of preference by similarity to ideal solution (TOPSIS) and linear programming (LP) problem has been used to develop a new model for the selection of 3PL vendor. First, DEA is used to evaluate the efficiency of each vendor according to the identified criteria. Second, TOPSIS is applied to rank the maximally efficient vendors. Finally, LP problem is stated and solved to ascertain the quantities to be allocated to each maximally efficient vendor in the context of multiple logistics provider. The proposed DEA–TOPSIS–LP (DETOLP) model is finally tested with real-time industry data for 3PL vendor evaluation and selection. The study, thus, proposes a three-step hierarchical technique for selection of 3PL vendor based on the multiple criteria decision-making approach. Findings The paper focuses on assessing the performance of 26 vendors using a combined approach of DEA, TOPSIS and LP. It is observed that vendor V4 outperforms all the considered vendors, which exactly corroborates with the present scenario within the company. Research limitations/implications Exclusion of qualitative criteria for 3PL vendor selection and the judgment of weights for TOPSIS can be considered as the limitations of the present work. The study has significant practical implications for organizations belonging to any sector or industry. It can help them in evaluating the existing 3PL vendors and selecting the most efficient among them. Originality/value This paper deals with a framework modeled for 3PL vendor selection. It is the first attempt to utilize an integrated approach, i.e. DETOLP model for evaluation and selection of 3PL. For assessment of the model, real data from an Indian company has been taken to analyze the result and compare it with the present scenario within the company.

Pricing of 3PL Services

2013 ◽  
pp. 376-387
Author(s):  
Papasotiriou Dimitris
Keyword(s):  
Integrated Approach ◽  
Third Party ◽  
Technical Knowledge ◽  
Third Party Logistics ◽  
The Third Party Logistics ◽  
The Third ◽  
Logistics Services ◽  
Logistics Market ◽  
Selection Of

The project of pricing logistics services in the Logistics-Services-Provider sector is extremely difficult due to the absence of adequate technical knowledge in the Logistics market. This knowledge is not taught in special and integrated approach. The Logistics market is in need of a sector responsible for recording all pricing methods as regards the provision of pricing services. This sector has to be fully functional, efficient, and rational. This chapter aims at the development of an integrated record for the identification and classification of the advantages – disadvantages and key criteria as regards the selection of pricing methods in the third party logistics (3PLs) market sector. The key finding of this chapter contribute to the identification and classification of pricing methods, possibly applied in future 3PL projects.

Sign in / Sign up

Export Citation Format

Share Document