Open Access. Powered by Scholars. Published by Universities.®
- Publication
Articles 1 - 2 of 2
Full-Text Articles in Business
Improving Bid Pricing For Humanitarian Logistics, John Trestrail, Jomon Paul, Michael Maloni
Improving Bid Pricing For Humanitarian Logistics, John Trestrail, Jomon Paul, Michael Maloni
Jomon Aliyas Paul
Purpose - Humanitarian logistics plays a critical role in the aid response to hunger and disasters worldwide. The US Department of Agriculture (USDA) uses a competitive bidding process to procure P.L. 480 Title II food aid, a $2 billion business annually. This paper describes a mixed-integer program (MIP) decision tool that mimics the USDA bid approach in order to improve ocean carrier and food supplier bid pricing strategy. Design/methodology/approach - First, the USDA bid process is detailed and the MIP decision tool is described. Then how the tool is run against historical data to approximate future USDA bid awards is …
Milk, Elisa Addlesperger