Details
Original language | English |
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Title of host publication | Advances in Production Management Systems. Smart Manufacturing and Logistics Systems: Turning Ideas into Action |
Subtitle of host publication | IFIP WG 5.7 International Conference, APMS 2022, Proceedings, Part I |
Editors | Duck Young Kim, Gregor von Cieminski, David Romero |
Place of Publication | Cham |
Pages | 494-501 |
Number of pages | 8 |
ISBN (electronic) | 978-3-031-16407-1 |
Publication status | Published - 2022 |
Event | IFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2022 - Gyeongju, Korea, Republic of Duration: 25 Sept 2022 → 29 Sept 2022 |
Publication series
Name | IFIP Advances in Information and Communication Technology |
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Volume | 663 |
ISSN (Print) | 1868-4238 |
ISSN (electronic) | 1868-422X |
Abstract
Companies can differentiate themselves from competitors through higher logistical performance. It must be valued in monetary terms to realise the advantages of higher logistical performance. According to available information and diverse customer types, different analysis needs to be carried out. In this paper, the unit price potential of a delivery time reduction for customers with stock procurement as an exemplary customer type is modelled for the case of existing customer's process information and analysed based on individual customer-related revenue analysis and thus the logistic operating curves theory. Using storage and procurement models, unit price-delivery time combinations are derived with the same total costs of the customer to deduce the unit price potential of different supplier delivery times. Thus, this model enables supplier to quantify possible unit price increases for lower delivery times for customers with stock procurement.
Keywords
- Delivery time, Logistical modelling, Logistical performance, Logistics & distribution networks, Monetary evaluation
ASJC Scopus subject areas
- Computer Science(all)
- Information Systems
- Computer Science(all)
- Computer Networks and Communications
- Decision Sciences(all)
- Information Systems and Management
Cite this
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Advances in Production Management Systems. Smart Manufacturing and Logistics Systems: Turning Ideas into Action: IFIP WG 5.7 International Conference, APMS 2022, Proceedings, Part I. ed. / Duck Young Kim; Gregor von Cieminski; David Romero. Cham, 2022. p. 494-501 (IFIP Advances in Information and Communication Technology; Vol. 663).
Research output: Chapter in book/report/conference proceeding › Conference contribution › Research › peer review
}
TY - GEN
T1 - Monetary Evaluation of Logistical Performance
AU - Heuer, Tammo
AU - Teuber, Vanessa
AU - Nyhuis, Peter
PY - 2022
Y1 - 2022
N2 - Companies can differentiate themselves from competitors through higher logistical performance. It must be valued in monetary terms to realise the advantages of higher logistical performance. According to available information and diverse customer types, different analysis needs to be carried out. In this paper, the unit price potential of a delivery time reduction for customers with stock procurement as an exemplary customer type is modelled for the case of existing customer's process information and analysed based on individual customer-related revenue analysis and thus the logistic operating curves theory. Using storage and procurement models, unit price-delivery time combinations are derived with the same total costs of the customer to deduce the unit price potential of different supplier delivery times. Thus, this model enables supplier to quantify possible unit price increases for lower delivery times for customers with stock procurement.
AB - Companies can differentiate themselves from competitors through higher logistical performance. It must be valued in monetary terms to realise the advantages of higher logistical performance. According to available information and diverse customer types, different analysis needs to be carried out. In this paper, the unit price potential of a delivery time reduction for customers with stock procurement as an exemplary customer type is modelled for the case of existing customer's process information and analysed based on individual customer-related revenue analysis and thus the logistic operating curves theory. Using storage and procurement models, unit price-delivery time combinations are derived with the same total costs of the customer to deduce the unit price potential of different supplier delivery times. Thus, this model enables supplier to quantify possible unit price increases for lower delivery times for customers with stock procurement.
KW - Delivery time
KW - Logistical modelling
KW - Logistical performance
KW - Logistics & distribution networks
KW - Monetary evaluation
UR - http://www.scopus.com/inward/record.url?scp=85140449530&partnerID=8YFLogxK
U2 - 10.1007/978-3-031-16407-1_58
DO - 10.1007/978-3-031-16407-1_58
M3 - Conference contribution
AN - SCOPUS:85140449530
SN - 9783031164064
T3 - IFIP Advances in Information and Communication Technology
SP - 494
EP - 501
BT - Advances in Production Management Systems. Smart Manufacturing and Logistics Systems: Turning Ideas into Action
A2 - Kim, Duck Young
A2 - von Cieminski, Gregor
A2 - Romero, David
CY - Cham
T2 - IFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2022
Y2 - 25 September 2022 through 29 September 2022
ER -