EconPapers    
Economics at your fingertips  
 

Factory Logistics Improvement: A Case Study Analysis of Companies in Northern Thailand, 2022–2024

Sakgasem Ramingwong, Apichat Sopadang, Korrakot Yaibuathet Tippayawong and Jutamat Jintana ()
Additional contact information
Sakgasem Ramingwong: Supply Chain and Engineering Management Research Unit, Faculty of Engineering, Chiang Mai University, Chiang Mai 50200, Thailand
Apichat Sopadang: Supply Chain and Engineering Management Research Unit, Faculty of Engineering, Chiang Mai University, Chiang Mai 50200, Thailand
Korrakot Yaibuathet Tippayawong: Supply Chain and Engineering Management Research Unit, Faculty of Engineering, Chiang Mai University, Chiang Mai 50200, Thailand
Jutamat Jintana: Faculty of Innovation Technology & Creativity, The Far Eastern University, Chiang Mai 50100, Thailand

Logistics, 2024, vol. 8, issue 3, 1-18

Abstract: Background: Thailand’s logistics costs significantly exceed global averages. This study examines the novel application of a triple-helix model in factory logistics improvement projects in Northern Thailand from 2022 to 2024, addressing industrial logistics inefficiencies. Methods: The project involved 30 factories across various sectors, employing a case study methodology to analyze improvement initiatives in transportation, warehouse/inventory management, and logistics administration. Results: Transportation management interventions yielded up to 25% cost savings and improved delivery performance. Warehouse and inventory management upgrades led to inventory cost reductions of up to 55%. Logistics administrative improvements resulted in up to 20% cost savings and enhanced planning capabilities. Conclusions: The project demonstrates the effectiveness of the triple-helix model in facilitating knowledge transfer and practical improvements in industrial logistics. These findings are valuable for Thai industries, policymakers, and logistics managers globally, offering a blueprint for similar initiatives in developing economies. The success of this approach provides practical insights for optimizing logistics operations, potentially benefiting supply chain stakeholders, economic planners, and researchers seeking to enhance logistics efficiency and reduce costs in various industrial contexts.

Keywords: factory logistics improvement; Northern Thailand industry; logistics in Thailand (search for similar items in EconPapers)
JEL-codes: L8 L80 L81 L86 L87 L9 L90 L91 L92 L93 L98 L99 M1 M10 M11 M16 M19 R4 R40 R41 R49 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2305-6290/8/3/88/pdf (application/pdf)
https://www.mdpi.com/2305-6290/8/3/88/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jlogis:v:8:y:2024:i:3:p:88-:d:1473986

Access Statistics for this article

Logistics is currently edited by Ms. Mavis Li

More articles in Logistics from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jlogis:v:8:y:2024:i:3:p:88-:d:1473986