Carrier Assignment Models in Transportation Procurement

Author

Yunsong GUO, National University of Singapore
Andrew LIM, Hong Kong University of Science and Technology
Brian RODRIGUES, Singapore Management UniversityFollow
Yejun ZHU, Hong Kong University of Science and Technology

Publication Type

Journal Article

Publication Date

12-2006

Abstract

This paper extends carrier assignment models used in winner determination auctions for transportation procurement to include shipper non-price objectives and carrier transit point costs. The models are unlike traditional carrier assignment models which incorporate only carrier lane bids, and different from combinatorial auction models which focus on packets of lanes without considering transit point costs. We develop solutions, including metaheuristics, for the new models and through computational experimentation show that the algorithms work well and can be easily implemented.

Keywords

Bid, Metaheuristics, Procurement, Transportation

Discipline

Operations and Supply Chain Management

Research Areas

Operations Management

Publication

Journal of the Operational Research Society

Volume

57

Issue

12

First Page

1472

Last Page

1481

ISSN

0160-5682

Identifier

10.1057/palgrave.jors.2602131

Publisher

Palgrave

Citation

GUO, Yunsong; LIM, Andrew; RODRIGUES, Brian; and ZHU, Yejun. Carrier Assignment Models in Transportation Procurement. (2006). Journal of the Operational Research Society. 57, (12), 1472-1481.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/560

Additional URL

https://doi.org/10.1057/palgrave.jors.2602131