Total Cost Analysis In Logistics
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Total Cost Analysis In Logistics
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Author : Björn Oskarsson
language : en
Publisher: Linköping University Electronic Press
Release Date : 2019-11-01
Total Cost Analysis In Logistics written by Björn Oskarsson and has been published by Linköping University Electronic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-01 with categories.
Cost is considered a crucial factor in much decision-making in private and public organisations. Therefore, the ability to calculate total estimated costs for different alternatives is important. However, such total cost analysis is a challenging task. Providing students with the knowledge and skills needed for total cost analysis is therefore relevant in several disciplines within higher education. Within logistics management, total cost analysis is for decades by several scholars regarded as a ‘cornerstone’, a fundamental part of the discipline. However, except for describing the basic steps and presumptions, the literature does not give much support concerning how to conduct such analyses, or which the difficulties associated with total cost analysis are. This blank space in literature is not limited to the logistics discipline, it stretches throughout many disciplines. Neither does literature cover how to teach to support students’ learning of total cost analysis. Hence, to address the lack of research, the purpose of this thesis was formulated as follows: To contribute to the understanding of conducting, learning, and teaching total cost analysis. Three research questions were shaped to address each part of the purpose: conducting, learning and teaching. RQ1 What challenges are connected to the process of conducting total cost analysis? RQ2 What thresholds are there for learning how to conduct total cost analysis? RQ3 How can total cost learning be supported by suitable educational methods? The research questions are connected to each other in the sense that the challenges of conducting total cost analysis (RQ1) indicate within which areas total cost learning is difficult, and thereby where thresholds are to be investigated (RQ2). Further, knowledge about the learning thresholds is needed to discuss suitable educational activities (RQ3). The research was conducted by a combination of literature reviews and multiple case studies at four Higher Education Institutions, where both teachers and students were approached. The findings for RQ1 were developed in an abductive procedure walking back and forth between literature and cases. A twelve-step process for total cost analysis was defined, and specific challenges associated for each of these steps. Regarding learning thresholds (RQ2), perceived difficulties with learning total cost analysis were identified in the case studies. These difficulties were then analysed against threshold characteristics available in literature. This resulted in the identification of four total cost learning thresholds. Literature on constructivist-based teaching was used to suggest teaching methods to support learning (RQ3). These types of activities proved to match the ones most appreciated by teachers and students in the studied cases. The twelve-step process provides a more structured and holistic view of total cost analysis than previously available in the logistics literature. The description of challenges with conducting total cost analysis is novel, not only within logistics, but also generally, why this is a major contribution from this research. Aspects regarding teaching and learning connected to logistics, and to total cost analysis, are very sparsely addressed in literature, which makes the findings concerning learning thresholds and teaching methods valuable. The findings are believed to be useful for different stakeholders. First and foremost, teachers can use the findings for designing programs, courses, and course modules which cover the important aspects of total cost analysis with help from educational activities supporting the students’ learning. Second, for organisations where total cost analyses are conducted, the suggested process with its steps and associated challenges can be used to achieve better total cost analyses, and in turn more substantiated decisions. In the longer perspective, better education on total cost analysis at Higher Education Institutions will further strengthen the total cost competence in organisations, thereby improving the total cost-related decision making. Total cost analysis is not unique for the logistics discipline. Although focus in the study has been on Higher Education Institutions providing logistics courses, the findings are to a high extent believed to be relevant also for other disciplines dealing with total cost analysis.
The Impacts Of Warehouse Consolidation On Logistics Costs For Farm Supply
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Author : Roger Gayle Ginder
language : en
Publisher:
Release Date : 1985
The Impacts Of Warehouse Consolidation On Logistics Costs For Farm Supply written by Roger Gayle Ginder and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with categories.
Logistics Systems Analysis
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Author : Carlos Daganzo
language : en
Publisher: Springer Science & Business Media
Release Date : 2005-04-19
Logistics Systems Analysis written by Carlos Daganzo and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-04-19 with Business & Economics categories.
"... a well structured and documented book that certainly reflects the new era of logistics." Journal of the Operational Research Society (of a previous edition) Expanded edition includes new research results and numerous modifications to enhance comprehensiveness and clarity. Two new sections, a new appendix, and more than half a dozen new figures. Provides new concept for an integrated examination of logistics systems Features "reasonable" solutions requiring as little information as possible
The Impacts Of Warehouse Consolidation On Logistics Costs For Farm Supply
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Author : Roger G. Ginder
language : en
Publisher:
Release Date : 1979
The Impacts Of Warehouse Consolidation On Logistics Costs For Farm Supply written by Roger G. Ginder and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Farm supply industries categories.
Logistics Systems Analysis
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Author : Carlos F. Daganzo
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-04-18
Logistics Systems Analysis written by Carlos F. Daganzo and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-18 with Business & Economics categories.
This book examines logistics systems in an integrated way. Its goal is to describe and show how to find rational structures for logistics systems considering all the relevant aspects. Building on an understanding of the simplest logistical system with only one origin and one destination, the book treats problems with many origins and one destination, many destinations and one origin, and many origins and many destinations; this is done for systems with and without transshipments. The solutions and methodologies presented in the book are particularly helpful in instances where detailed data are not available and when time is of the essence.
Supply Chain Cost Control Using Activity Based Management
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Author : Matthew Zander
language : en
Publisher: CRC Press
Release Date : 2006-07-19
Supply Chain Cost Control Using Activity Based Management written by Matthew Zander and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-19 with Business & Economics categories.
Having an accurate assessment of company expenditures is a key to staying in business. Activity-based management (ABM) is the only system that offers the tools to correctly assess the outflow involved in a tightly knit supply chain and enables understanding not only of the total cost of ownership (TCO), but also how these costs should be allocated.
Public Logistics Network Cost Analysis
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Author :
language : en
Publisher:
Release Date : 2002
Public Logistics Network Cost Analysis written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
A public logistics network (PLN) was proposed as a means to allow multiple firms to cooperate in providing ground parcel transport. To support fast and flexible shipping, a PLN would require sorting in terminals. In this research, we address to find an upper bound on the terminal cost for a PLN system such that its total transport costs would be the same as that of the a private logistics network like UPS. The labor costs in current terminals are high because of lots of human handling [10]. In order to reduce high labor costs and provide efficient sorting capacity, we want to use automatic equipment in the PLN terminals. Since the biggest parcel delivery company, UPS, is a hub-and-spoke (HUB) transportation system, the total logistics network cost in a PLN should be higher than UPS's. The total logistics network cost includes line-haul transportation cost, pick-up/delivery (P/D) routing cost, and terminal cost. By analyzing each cost in the logistics network, we define an upper bound terminal cost for a PLN based on a similar level of service with HUB. A hypothetical network of 36 terminals in the southeastern U.S. is used as an example PLN in the analysis. In the example, we observed that transportation cost in a PLN is lower than in a HUB, and the saving transportation cost of PLN contributes to among that can be spent on sorting equipment at the terminals. The upper bound sorting cost for whole hypothetical network is around $5- 1 billion for 4- 0 years. The average upper bound cost for each terminal is around $163- 18 million for 4- 0 years. According to the number of sorts need in the hypothetical network, the upper bound sorting cost per truck stop, $91,832- 79,289, is offered to determine the size of terminals based on their sorting needs. All these upper bound costs can be used to provide a detailed terminal layout design in the future.
Encyclopedia Of Production And Manufacturing Management
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Author : Paul M. Swamidass
language : en
Publisher: Springer Science & Business Media
Release Date : 2000-06-30
Encyclopedia Of Production And Manufacturing Management written by Paul M. Swamidass and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-30 with Business & Economics categories.
Production and manufacturing management since the 1980s has absorbed in rapid succession several new production management concepts: manufacturing strategy, focused factory, just-in-time manufacturing, concurrent engineering, total quality management, supply chain management, flexible manufacturing systems, lean production, mass customization, and more. With the increasing globalization of manufacturing, the field will continue to expand. This encyclopedia's audience includes anyone concerned with manufacturing techniques, methods, and manufacturing decisions.
The Aggregate Analysis Of Logistics Cost And Total Factor Productivity
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Author : Thanattaporn Rasamit
language : en
Publisher:
Release Date : 2003
The Aggregate Analysis Of Logistics Cost And Total Factor Productivity written by Thanattaporn Rasamit and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.
The study surveys the relationship of logistics cost and total factor productivity (TFP). The paper discusses the theoretical aspect of TFP growth estimation and the concept of logistics cost as percentage of GDP as the factor indicating efficiency in logistics operations. Calculation of TFP from 1960-2001 is obtained by using growth accounting method. Linear regression analysis between logistics cost and TFP shows significant correlations with negative coefficient between TFP and inventory level of the same year. It also shows correlation with negative coefficient of one-year lagged TFP and following independent variables, logistics cost, inventory level, inventory carrying rate, and inventory carrying cost. Correlation implies the link between logistics efficiency and economy's productivity. Line fit plot for each significant correlation show the common time period of 1973-1986 for the series, which suggests that periods of recession and trucking deregulation might cause abrupt qualitative changes in logistics operations.
A Cost Analysis Of Graduate Education In Logistics Management
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Author : Ralph R. Haynes
language : en
Publisher:
Release Date : 1977
A Cost Analysis Of Graduate Education In Logistics Management written by Ralph R. Haynes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with categories.
The purpose of this thesis was to compare the full cost to the Air Force for providing an officer with a Master of Science degree in Logistics Management from AFIT with the full cost of a similar degree from a civilian institution. Graduate logistics programs of twelve universities were evaluated to determine if their graduate degree requirements were similar to AFIT resident program requirements; the requirements of four universities were found to be similar. Elements of cost necessary to make a comparative cost analysis were identified and defined. The elements were subdivided into three categories to facilitate cost comparison and to more readily identify the areas of greatest cost. The three categories were direct and indirect costs of education and pay and allowances. The average monetary value of each element of cost was determined. Then an analysis of the total cost of each program was performed. The authors concluded that pay and allowances are the most sensitive element of cost and that the AFIT resident program was the least expensive. (Author).