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Author/Affiliation: Cher Kian Lee
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6 Pages, 971 KB Download PDF

Marginalizing Last Mile Logistics Cost through 4th Party Milk Run

Advances in Science, Technology and Engineering Systems Journal, Volume 4, Issue 4, Page # 462–467, 2019; DOI: 10.25046/aj040456
Abstract:

To reduce its high last mile logistics cost, a company may explore different options such as a horizontal collaboration with another company that has a similar logistics requirement. Traditionally, the collaboration can be conducted through an outsource contract mechanism where the company may need to guarantee a certain number of logistics demands or usage for…

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(This article belongs to the SP7 (Special Issue on Advancement in Engineering and Computer Science 2019) & Section Transportation Science & Technology (TST))

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