Flexibility in Port Selection: A Quantitative Approach Using Floating Stocks
Eelco van Asperen and
Rommert Dekker
No EI 2009-44, Econometric Institute Research Papers from Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute
Abstract:
Ports provide a number of logistical choices concerning storage, onward transport, and postponement. We investigate the routing flexibility offered by ports with a central location with respect to the hinterland. This flexibility is investigated using an illustrative case in which a number of alternative strategies are evaluated by means of simulation. Detailed cost data was used for the illustrative case. The combination of a simulation model and detailed cost data allows us to quantify the value of the rerouting flexibility. A combination of using regional distribution centers and a European Distribution Center results in the lowest cost per container.
Keywords: floating stock; intermodal transport; inventories; port selection; supply chain (search for similar items in EconPapers)
Date: 2010-03-31
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