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The IUP Journal of Operations Management :
Designing an Agent-Based B2B Market Place for Third-Party Logistics Service Providers (3PLs)
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Logistics is the primary building block of any manufacturing or service supply chain and is a key factor for improving the performance and productivity of manufacturing and service organization. A B2B market place for the logistics service providers basically provides the infrastructure for matching the requirements of the buyer with a right logistics service provider. In the current paper, a Double Auction model is implemented for winner determination.

 
 

Logistics is one of the key components in supply chain network. Logistics is an inseparable and ubiquitous part of any manufacturing or service supply chain (Simchi- Levi and Philip, 1999). Logistics is defined as “the broad range of activities concerned with effective movement of semi-finished products or services from one business to another or from distributor/retailer to the customer.” The main goal of logistics is to ensure the availability of the right product/service at the right spot, in the right time and the right cost.

A B2B market place is a mechanism which coordinates the buyers (enterprise of buyer) and sellers (enterprise of seller), and helps the buyer to get the details of various goods and services that are offered by the sellers in the market. There is a small entry fee for the registration of buyers and sellers in the market. The market mechanism essentially keeps track of various logistics providers’ financial and nonfinancial performance measures. Agent-based technology is used to dig the details of various logistics service providers available. Further, the agent can also be used for mapping of the right logistics provider to a buyer of the services, depending on the buyer’s capacity.

 
 

Operations Management Journal, Relative Efficiencies of Schools, Data Envelopment Analysis, Government-Aided Schools, Linear Programming Model, Decision-Making Units, Organizational Units, Human Resources, Public Procurement Sectors, Government Schools, Education System.