Enabling carrier collaboration via order sharing double auction: A Singapore urban logistics perspective

A recent exploratory study on the collaborative urban logistics in Singapore suggests that cost reduction and privacy preservation are two main drivers that would motivate the participation of carriers in consolidating their last mile deliveries. With Singapore's mild restrictions on the vehicl...

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Main Authors: Stephanus Daniel, Handoko, LAU, Hoong Chuin
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
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Online Access:https://ink.library.smu.edu.sg/sis_research/3365
https://ink.library.smu.edu.sg/context/sis_research/article/4367/viewcontent/EnablingCarrierCollabationSingapore_2016_pv.pdf
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spelling sg-smu-ink.sis_research-43672018-02-07T06:44:36Z Enabling carrier collaboration via order sharing double auction: A Singapore urban logistics perspective Stephanus Daniel, Handoko LAU, Hoong Chuin A recent exploratory study on the collaborative urban logistics in Singapore suggests that cost reduction and privacy preservation are two main drivers that would motivate the participation of carriers in consolidating their last mile deliveries. With Singapore's mild restrictions on the vehicle types or the time windows for the last-mile delivery, we believe that with proper technology in place, an Urban Consolidation Center like the Tenjin Joint Distribution System in Fukuoka Japan may be implemented to achieve cost reduction with some degree of privacy preservation. Participating carriers keep their respective private orders and have the option to get their remaining shareable orders consolidated with those from the other carriers' fleet. To this end, we propose in this paper a double auction mechanism that enables such consolidation with an objective to maximize the total cost savings attained by all participating carriers. Our experimental results on 5 zones of delivery in Singapore CBD demonstrate that the proposed double auction is able to bring about reductions in the number of inter-zone travels, thereby producing cost savings to the participating carriers. 2016-01-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/sis_research/3365 info:doi/10.1016/j.trpro.2016.02.031 https://ink.library.smu.edu.sg/context/sis_research/article/4367/viewcontent/EnablingCarrierCollabationSingapore_2016_pv.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Computing and Information Systems eng Institutional Knowledge at Singapore Management University Collaborative Urban Logistics Double Auction Order Sharing Urban Consolidation Center Artificial Intelligence and Robotics Asian Studies Computer Sciences Operations and Supply Chain Management
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Collaborative Urban Logistics
Double Auction
Order Sharing
Urban Consolidation Center
Artificial Intelligence and Robotics
Asian Studies
Computer Sciences
Operations and Supply Chain Management
spellingShingle Collaborative Urban Logistics
Double Auction
Order Sharing
Urban Consolidation Center
Artificial Intelligence and Robotics
Asian Studies
Computer Sciences
Operations and Supply Chain Management
Stephanus Daniel, Handoko
LAU, Hoong Chuin
Enabling carrier collaboration via order sharing double auction: A Singapore urban logistics perspective
description A recent exploratory study on the collaborative urban logistics in Singapore suggests that cost reduction and privacy preservation are two main drivers that would motivate the participation of carriers in consolidating their last mile deliveries. With Singapore's mild restrictions on the vehicle types or the time windows for the last-mile delivery, we believe that with proper technology in place, an Urban Consolidation Center like the Tenjin Joint Distribution System in Fukuoka Japan may be implemented to achieve cost reduction with some degree of privacy preservation. Participating carriers keep their respective private orders and have the option to get their remaining shareable orders consolidated with those from the other carriers' fleet. To this end, we propose in this paper a double auction mechanism that enables such consolidation with an objective to maximize the total cost savings attained by all participating carriers. Our experimental results on 5 zones of delivery in Singapore CBD demonstrate that the proposed double auction is able to bring about reductions in the number of inter-zone travels, thereby producing cost savings to the participating carriers.
format text
author Stephanus Daniel, Handoko
LAU, Hoong Chuin
author_facet Stephanus Daniel, Handoko
LAU, Hoong Chuin
author_sort Stephanus Daniel, Handoko
title Enabling carrier collaboration via order sharing double auction: A Singapore urban logistics perspective
title_short Enabling carrier collaboration via order sharing double auction: A Singapore urban logistics perspective
title_full Enabling carrier collaboration via order sharing double auction: A Singapore urban logistics perspective
title_fullStr Enabling carrier collaboration via order sharing double auction: A Singapore urban logistics perspective
title_full_unstemmed Enabling carrier collaboration via order sharing double auction: A Singapore urban logistics perspective
title_sort enabling carrier collaboration via order sharing double auction: a singapore urban logistics perspective
publisher Institutional Knowledge at Singapore Management University
publishDate 2016
url https://ink.library.smu.edu.sg/sis_research/3365
https://ink.library.smu.edu.sg/context/sis_research/article/4367/viewcontent/EnablingCarrierCollabationSingapore_2016_pv.pdf
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