Third Party Logistics Operation Risk Control Mechanism and Decision-making Optimization

摘要：

Logistics operation risk is one of the main and internally-controllable risks for a third party logistics service provider (3PL). According to the identified relationships among objective risk, estimated risk, risk preference and risk control, this paper presents a mechanism to control logistics operation risk and a control model for 3PL. The existence of the optimal solution is verified. Finally, the paper suggests an optimal risk control strategy, i.e.. as long as the risk declining rate is larger than the ratio of marginal cost and marginal revenue, the logistics operation manager should control risk actively. The results are important for 3PL to control its operation risks.

关键词： Third party logistics operation risk decision model risk control mechanism

作者: Siyun Chen Wen Shen Guoxian Wang

作者单位: Center for Materials Research & Analysis of Iluhan University of Technology, Wuhan 430070, China School of Logistics Engineering of Wuhan University of Technology, Wuhan 450070, P.R. China MOE Engi

会议类型: 国际会议

会议名称: The First World Congress on Global Optimization in Engineering & Science(第一届工程与科学全局优化国际会议 WCGO2009)

会议地点: 长沙

会议语种:英文

页码: 593-598

在线出版日期: 2009-06-01（万方平台首次上网日期，不代表论文的发表时间）