Journal
INTERNATIONAL JOURNAL OF LOGISTICS-RESEARCH AND APPLICATIONS
Volume 13, Issue 6, Pages 475-492Publisher
TAYLOR & FRANCIS LTD
DOI: 10.1080/13675567.2010.482522
Keywords
supply chain visibility; multi-modal transport; simulation; shipment routing
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This study seeks to quantify the value of visibility over assets moving through a multi-modal transportation network. It presents a transportation model combining shipment and route choice and shows how in-transit visibility can be used to adjust the transportation plan with respect to the known state of the transportation system. By simulating the decision-making process with different levels of visibility, the gradual benefits of in-transit visibility are quantified. Computational experiments show that on-time delivery performance can be significantly improved by increasing the level of visibility.
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