3PL-HUB Supply Chain Logistics Cost Simulation Study Based on System Dynamics

Jun Zou; Liang Shan

doi:10.4028/www.scientific.net/AMR.779-780.1752

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 779-7803PL-HUB Supply Chain Logistics Cost Simulation...

3PL-HUB Supply Chain Logistics Cost Simulation Study Based on System Dynamics

Abstract:

System dynamics provides a more intuitive and effective tool for system analysis in area supply chain logistics. By using method of system dynamics, this paper builds up a 3PL-HUB three echelon supply chain system from the perspective of costs, compares supply chain logistics costs variation in two cases with and without 3PL-HUB involved in, simulates logistics costs of each node enterprise, and fully analyzes the influence of 3PL-HUB on bullwhip effect and fluctuation of inventory of supply chain members. It shows that 3PL-HUB can reduce costs and benefit all the enterprises of whole supply chain, which represents a method to enhance supply chain synergy.

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Periodical:

Advanced Materials Research (Volumes 779-780)

Pages:

1752-1757

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.779-780.1752

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Online since:

September 2013

Authors:

Jun Zou, Liang Shan

Keywords:

3PL-HUB, Cost, Simulation, Supply Chain Logistics, System Dynamics (SD)

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References

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DOI: 10.1108/15982681211287793

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