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Strategic Study of CAE >> 2008, Volume 10, Issue 9

On the flexible choice of logistics management mode in enterprises under efficiency uncertainty

1. Deptartment of Industrial Engineering, Hunan University of Science and Technology, Xiangtan, Hunan 411201, China;

2. Department of Industry and Commerce Management, Hunan University of Finance and Economics, Changsha 410205, China

Funding project:湖南省软科学研究项目(2007zk3084);湖南省教育厅研究项目(06C346) Received: 2007-03-03 Available online: 2008-09-18 14:52:56.000

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Abstract

The logistics models and the current situation of logistics management in China are analyzed in this paper. Through setting up model, the enterprises' threshold to transfer to the third party logistics mode from self-run logistics mode under efficiency uncertainty is obtained with the real option approach. Further, the results shows: the choice of the logistics management model in enterprises are critically influenced by following aspects: the efficiency of self-run logistics, the quantity of the portfolio damages and the transaction costs, the raise speed and the uncertainty of the logistics efficiency.

References

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