Highlights Explore the value of Internet based elastic logistics platforms (ELPs). Study how ELPs enhance fashion quick response systems. Derive via stochastic dynamic programming the optimal transportation option and ordering policy. Examine the situations in which ELPs are especially beneficial to apply.

    Abstract Quick response (QR) systems, which aim to respond promptly to market changes by postponing inventory decisions with a reduced lead time, are critical to support fast fashion operations. Under QR systems, in the digital data analytics era, the fashion brand can acquire market information using digital technologies to improve demand forecasting. This enhances the respective ordering and transportation mode selection decisions. It is known that to implement QR systems requires the availability of the right logistics option (e.g., transportation mode) and the needed logistics capacity in the future. An Internet based elastic logistics platform (ELP) hence emerges to help. In this paper, in the main model, we analytically derive via stochastic dynamic programming the optimal transportation option selection and inventory ordering policy with the ELP. We further examine the value of ELP and identify the situations in which it is especially beneficial to adopt it. Robustness checking is conducted which proves that the theoretical findings derived in the main model are solid. Specific managerial action plans and managerial implications are developed.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    Internet based elastic logistics platforms for fashion quick response systems in the digital era


    Beteiligte:


    Erscheinungsdatum :

    2020-09-13




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch




    Quick Connect Logistics Trailer

    KNAPIK ANTONIO | Europäisches Patentamt | 2023

    Freier Zugriff

    Quick weighing device for logistics

    BAI RU | Europäisches Patentamt | 2021

    Freier Zugriff



    Integrated Virtual Logistics Network for Quick Responses

    Sundar, D. K. / Garg, S. / Ramanayya, T. V. et al. | British Library Conference Proceedings | 2002