Appraisement and benchmarking of third-party logistic service provider by exploration of risk-based approach

Nitin Kumar Sahu,Atul Kumar Sahu,Anoop Kumar Sahu,Shaofeng Liu

doi:10.1080/23311975.2015.1121637

Nitin Kumar Sahu, Atul Kumar Sahu + Show 2 more

Open Access

https://doi.org/10.1080/23311975.2015.1121637

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Abstract

AbstractIn the present era, Reverse Logistics Support has monitored as a momentous realm, where stuffs are transferred from point of consumption to origin. The companies who provide the logistic equipments, i.e. Truck, Joseph Cyril Bomford, and Shipment, etc. to its partner’s firms called Third-Party Logistics (3PL) service provider. Today, the feasible 3PL service provider evaluation-opt problem is yet an amorous dilemma. The appraisement and benchmarking of logistics service providers in extent of index; allied risk-based indices and their interrelated metrics; outlooked as a great tool for each international firm, in order that firm could obtain their core goals. The novelty of manuscript is that here, a hairy-based approach has been integrated and then implemented upon a novel developed multi hierarchical third-party logistics (3PL) service providers appraisement index in purpose to umpire the 3PL provider for their strong and ill’s core indices. Moreover, the overall score (Si) system has also been c...

Highlights

In present era, apiece industry’s logistic activities are carried out in purpose to transform inputs into goods
The main benefits of logistics alliances are to allow the outsourcing company to concentrate on the core competence, increase the efficiency, improve the service, reduce the transportation cost, restructure the supply chains, and establish the marketplace legitimacy
The findings of this study revealed the underlying sub-parameters which come into play while rating/choosing or evaluating service providers in the global lead logistics provider (LLP) situations of today

Summary

Introduction

Apiece industry’s logistic activities are carried out in purpose to transform inputs into goods. Risk-based metrics Grievance Reprocess Reproduction Re utilization Dumping Coordination level Swiftness in service Price saving Overall working relations Storehouse administrative curriculum Order supervision Evaluation of supply chain strategy activities Order chasing system Transportation price important (SMI), Very strongly more important (VSMI), and Absolutely more important (AMI) has been selected to assign criteria weights (Table 2).

Results

Conclusion