The Value of In-Transit Visibility for Supply Chains with Multiple Modes of Transport
International Journal of Logistics, 13 (6): 492-475, (2010).
Abstract: This study seeks to quantify the value of visibility over assets moving through an multi-modal transportation network. It presents a transportation model combining shipment and route choice and shows how in-transit visibility can be used to adjust the transportation plan with respect to the known state of the transportation system. By simulating the decision making process with different levels of visibility the gradual benefits of in-transit visibility are quantified. Computational experiments show that on-time delivery performance can be significantly improved by increasing the level of visibility.Show all publications