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Cost-Based Decision Making Model For Regional In-House Versus Outsourcing Logistics, Henrik Darren Lee
Cost-Based Decision Making Model For Regional In-House Versus Outsourcing Logistics, Henrik Darren Lee
Master's Theses
This thesis proposes a model for selecting between insourcing logistics for local distribution and outsourcing these functions to a third-party logistics (3PL) company. Supply chain optimization, as well as global supply chain management, are topics that are now well-covered; local distribution, despite its integral function in an organization, is much less researched. Models exist for network design and optimization, but the practical application of these network models may call for decisions and considerations that are not covered in these optimization models.
A breakeven analysis selection model between using in-house logistic system and 3PL is derived, considering various regional parameters. The …