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Keyword: Horizontal collaborationOpen AccessArticle
6 Pages, 971 KB 
Marginalizing Last Mile Logistics Cost through 4th Party Milk Run
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…
Read More(This article belongs to the SP7 (Special Issue on Advancement in Engineering and Computer Science 2019) & Section Transportation Science & Technology (TST))