Title :
Study on 4PL as coordinating and constructing agent for supply chain system — A transaction cost theory approach
Author_Institution :
Sch. of Manage., Xiamen Univ., Xiamen
fDate :
June 30 2008-July 2 2008
Abstract :
This paper introduces a new mathematical model for analyzing the economic benefits of incorporating 4PL, which is a contractor (i.e. agent) for the supply chain coordination and construction based on the division of community and the outsourcing development. The mathematical model enriches the connotation of 4PL and it broadens the thought for 4PL development. Secondly, the proposed mathematical model predicated on transaction costs, is supported by Transaction Cost Theory (TCT) and acts as the theoretical analysis tool of 4PL for coordinating 3-party generic supply chain. Through the model, some trendy conclusions can be drawn to provide theoretical support for 4PLpsilas practices.
Keywords :
cost-benefit analysis; costing; economics; supply chain management; 4PL development; constructing agent; coordinating agent; economic benefit analysis; mathematical model; outsourcing development; supply chain coordination; supply chain system; transaction cost theory; Collaborative work; Companies; Cost benefit analysis; Logistics; Mathematical model; Outsourcing; Supply chain management; Supply chains; Technology management; Virtual enterprises; Coordination; Fourth-Party Logistics; Supply Chain; Transaction Cost;
Conference_Titel :
Service Systems and Service Management, 2008 International Conference on
Conference_Location :
Melbourne, VIC
Print_ISBN :
978-1-4244-1671-4
Electronic_ISBN :
978-1-4244-1672-1
DOI :
10.1109/ICSSSM.2008.4598520
