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The effect of asset visibility on managing returnable transport items

Johansson, Ola LU and Hellström, Daniel LU (2007) In International Journal of Physical Distribution & Logistics Management 37(10). p.799-815
Abstract
Purpose – The purpose of this paper is to propose a framework of the potential benefits of asset visibility in the context of returnable transport items (RTI), and uses the framework to examine the effect of asset visibility on the management of RTI systems.

Design/methodology/approach – A combined case study and simulation approach was used. A case study was performed to identify and understand how an existing RTI system is managed, while discrete-event simulation was the method chosen to explore the potential effect of asset visibility.

Findings – The paper identifies cost aspects of implementing and operating RTI systems which may be influenced by asset visibility. The study implies that significant cost savings can... (More)
Purpose – The purpose of this paper is to propose a framework of the potential benefits of asset visibility in the context of returnable transport items (RTI), and uses the framework to examine the effect of asset visibility on the management of RTI systems.

Design/methodology/approach – A combined case study and simulation approach was used. A case study was performed to identify and understand how an existing RTI system is managed, while discrete-event simulation was the method chosen to explore the potential effect of asset visibility.

Findings – The paper identifies cost aspects of implementing and operating RTI systems which may be influenced by asset visibility. The study implies that significant cost savings can be achieved through increased asset visibility, and highlights the importance of shrinkage and its impact on the operating cost of an RTI system. However, asset visibility alone is not enough; it requires proper actions and continuous management attention in order to attain the savings.

Research limitations/implications – The results are derived from a single, combined case and simulation study.

Practical implications – The combined methods proved to be an efficient way of assessing and quantifying the potential effect of asset visibility along with the associated uncertainty in the results.

Originality/value – The paper provides an improved understanding of the effect of asset visibility on the management of RTI systems and complements existing visibility literature. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Tracking, Assets management, Packaging, Returns, Simulation, Visibility, Logistics, Packaging logistics
in
International Journal of Physical Distribution & Logistics Management
volume
37
issue
10
pages
799 - 815
publisher
Emerald Group Publishing Limited
external identifiers
  • scopus:37548999362
ISSN
0960-0035
language
English
LU publication?
yes
id
599c462e-25cb-4555-830b-fbdff650e7ed (old id 1022043)
alternative location
http://fernando.emerald-library.com/Insight/viewContentItem.do?contentType=Article&contentId=1641740
date added to LUP
2008-01-31 11:22:50
date last changed
2017-06-04 04:23:36
@article{599c462e-25cb-4555-830b-fbdff650e7ed,
  abstract     = {Purpose – The purpose of this paper is to propose a framework of the potential benefits of asset visibility in the context of returnable transport items (RTI), and uses the framework to examine the effect of asset visibility on the management of RTI systems. <br/><br>
Design/methodology/approach – A combined case study and simulation approach was used. A case study was performed to identify and understand how an existing RTI system is managed, while discrete-event simulation was the method chosen to explore the potential effect of asset visibility. <br/><br>
Findings – The paper identifies cost aspects of implementing and operating RTI systems which may be influenced by asset visibility. The study implies that significant cost savings can be achieved through increased asset visibility, and highlights the importance of shrinkage and its impact on the operating cost of an RTI system. However, asset visibility alone is not enough; it requires proper actions and continuous management attention in order to attain the savings. <br/><br>
Research limitations/implications – The results are derived from a single, combined case and simulation study. <br/><br>
Practical implications – The combined methods proved to be an efficient way of assessing and quantifying the potential effect of asset visibility along with the associated uncertainty in the results. <br/><br>
Originality/value – The paper provides an improved understanding of the effect of asset visibility on the management of RTI systems and complements existing visibility literature.},
  author       = {Johansson, Ola and Hellström, Daniel},
  issn         = {0960-0035},
  keyword      = {Tracking,Assets management,Packaging,Returns,Simulation,Visibility,Logistics,Packaging logistics},
  language     = {eng},
  number       = {10},
  pages        = {799--815},
  publisher    = {Emerald Group Publishing Limited},
  series       = {International Journal of Physical Distribution & Logistics Management},
  title        = {The effect of asset visibility on managing returnable transport items},
  volume       = {37},
  year         = {2007},
}