Abstract
Abstract This study aims to evaluate the efficiency of all businesses operating in the Freight Transportation Arrangement (FTA) service provider companies in Vietnam in the years 2016–2022 using the Slacks-Based Measure SBM-Max (SM) and super SBM-Max (SSM) models. The analysis was conducted by calculating the ratio between outputs and inputs in the FTA providers’ operational processes. The projection of the SSM model (Pro) and the Rh indicator were used to propose solutions for the inefficient providers by reducing the excessive inputs and increasing the outputs. The empirical results determined the inefficiency term, efficiency term, and rank for each provider every time. Dinh Vu port was identified as the best FTA provider in Vietnam, ranking first or second throughout the term due to its considerable efforts to perform efficiently. It shall be noted that the use of these models can help FTA providers in Vietnam to identify their strengths and weaknesses in terms of operational efficiency. By implementing the proposed solutions, businesses can improve their performance and ultimately increase their competitive advantage in the market. Further research could explore the effectiveness of these models in other industries or countries to provide deeper insights into their potential applications.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: LOGI – Scientific Journal on Transport and Logistics
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
