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Monetary Evaluation of Logistical Performance

Research output: Chapter in book/report/conference proceedingConference contributionResearchpeer review

Authors

  • Tammo Heuer
  • Vanessa Teuber
  • Peter Nyhuis

Details

Original languageEnglish
Title of host publicationAdvances in Production Management Systems. Smart Manufacturing and Logistics Systems: Turning Ideas into Action
Subtitle of host publicationIFIP WG 5.7 International Conference, APMS 2022, Proceedings, Part I
EditorsDuck Young Kim, Gregor von Cieminski, David Romero
Place of PublicationCham
Pages494-501
Number of pages8
ISBN (electronic)978-3-031-16407-1
Publication statusPublished - 2022
EventIFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2022 - Gyeongju, Korea, Republic of
Duration: 25 Sept 202229 Sept 2022

Publication series

NameIFIP Advances in Information and Communication Technology
Volume663
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

Cite this

Monetary Evaluation of Logistical Performance. / Heuer, Tammo; Teuber, Vanessa; Nyhuis, Peter.
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 proceedingConference contributionResearchpeer review

Heuer, T, Teuber, V & Nyhuis, P 2022, Monetary Evaluation of Logistical Performance. in DY Kim, G von Cieminski & D Romero (eds), 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. IFIP Advances in Information and Communication Technology, vol. 663, Cham, pp. 494-501, IFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2022, Gyeongju, Korea, Republic of, 25 Sept 2022. https://doi.org/10.1007/978-3-031-16407-1_58
Heuer, T., Teuber, V., & Nyhuis, P. (2022). Monetary Evaluation of Logistical Performance. In D. Y. Kim, G. von Cieminski, & D. Romero (Eds.), 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 (pp. 494-501). (IFIP Advances in Information and Communication Technology; Vol. 663).. https://doi.org/10.1007/978-3-031-16407-1_58
Heuer T, Teuber V, Nyhuis P. Monetary Evaluation of Logistical Performance. In Kim DY, von Cieminski G, Romero D, editors, 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. Cham. 2022. p. 494-501. (IFIP Advances in Information and Communication Technology). Epub 2022 Sept 19. doi: 10.1007/978-3-031-16407-1_58
Heuer, Tammo ; Teuber, Vanessa ; Nyhuis, Peter. / Monetary Evaluation of Logistical Performance. 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. editor / Duck Young Kim ; Gregor von Cieminski ; David Romero. Cham, 2022. pp. 494-501 (IFIP Advances in Information and Communication Technology).
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