Evaluating the relative efficiency of third party logistics companies using data envelopment analysis: A case study in road transportation and warehousing
Ching-Chiao Yang , Chia-Nan Wang , Thuong-Truyet Ngo
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引用次数: 0
Abstract
As the backbone of supply chain operations, efficient freight road transportation and warehousing play a crucial role in facilitating business connectivity and ensuring smooth operations. Despite their significance, there remains a gap in understanding the efficiency levels of third-party logistics (3PL) companies in this specific area. To address this gap, this study employs the Data Envelopment Analysis (DEA) model to evaluate the relative efficiency of 3PL companies operating in Vietnam, a country that is positioning logistics as one of the spearhead service industries for the future. Drawing data from practical sources, our analysis encompasses various input and output variables. The findings reveal that 6 out of 13 3PL companies achieved overall efficiency. While many previous studies in this area overlook the slack of both input and output variables, this research conducts a thorough analysis. Through slack variables analysis, inefficient 3PL companies can identify which resources need to be reduced. Furthermore, this research provides valuable insights for policymakers and practitioners seeking to optimize logistics operations and enhance business connectivity in the region. Additionally, it offers actionable recommendations for improving logistics efficiency and delineates future research avenues, thus furnishing practical insights for enhancing the performance of logistics firms in emerging markets like Vietnam.
期刊介绍：
Research in Transportation Business & Management (RTBM) will publish research on international aspects of transport management such as business strategy, communication, sustainability, finance, human resource management, law, logistics, marketing, franchising, privatisation and commercialisation. Research in Transportation Business & Management welcomes proposals for themed volumes from scholars in management, in relation to all modes of transport. Issues should be cross-disciplinary for one mode or single-disciplinary for all modes. We are keen to receive proposals that combine and integrate theories and concepts that are taken from or can be traced to origins in different disciplines or lessons learned from different modes and approaches to the topic. By facilitating the development of interdisciplinary or intermodal concepts, theories and ideas, and by synthesizing these for the journal''s audience, we seek to contribute to both scholarly advancement of knowledge and the state of managerial practice. Potential volume themes include: -Sustainability and Transportation Management- Transport Management and the Reduction of Transport''s Carbon Footprint- Marketing Transport/Branding Transportation- Benchmarking, Performance Measurement and Best Practices in Transport Operations- Franchising, Concessions and Alternate Governance Mechanisms for Transport Organisations- Logistics and the Integration of Transportation into Freight Supply Chains- Risk Management (or Asset Management or Transportation Finance or ...): Lessons from Multiple Modes- Engaging the Stakeholder in Transportation Governance- Reliability in the Freight Sector
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