KOREASCHOLAR

FLEXIBLE LOGISTICS STRATEGY BASED ON THE REAL-TIME DATA

Yerim Chung, Tae-joon Park
  • LanguageENG
  • URLhttp://db.koreascholar.com/Article/Detail/325975
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Global Fashion Management Conference
2017 Global Fashion Management Conference at Vienna (2017.07)
pp.463-464
글로벌지식마케팅경영학회 (Global Alliance of Marketing & Management Associations)
Abstract

The purpose of this paper is to investigate the usefulness of Flexible Logistics Strategy for coping with the difficulties that logistics industry encountered in the highly competitive market. We define a logistics network model that reflects the current logistics environment of the metropolitan area and suggest the Flexible Logistics Strategy. We investigate the efficiency of the logistics system by comparing the Flexible Vehicle Strategy with other logistics strategies at the various scenarios that can mirror the real world.

Keyword
logistics networklogistics strategyinternet of thingsreal-timerouting problem
Author
  • Yerim Chung(Yonsei School of Business, Republic of Korea)
  • Tae-joon Park(Yonsei School of Business, Republic of Korea)