Supply Chain broker operations

Michael Huang; Tito Homem-De-Mello; Karen Smilowitz; Bill Driegert

doi:10.3141/2224-01

Supply Chain broker operations

Michael Huang^*, Tito Homem-De-Mello, Karen Smilowitz, Bill Driegert

^*Corresponding author for this work

Industrial Engineering and Management Sciences

Research output: Contribution to journal › Article › peer-review

5 Scopus citations

Abstract

A network analysis of spot-market broker operations in supply chain management is presented with a case study of a brokerage firm. By modeling the connections between brokers and vendors, users can define metrics that correlate the strategies to select the vendors with profitability, which identifies new operating policies. Profitability is affected not only by the number of interactions between brokers and vendors but also by the quality of those interactions. The quality of interactions is quantified. The extent to which this approach can yield operating policy guidelines and serve as a tool to evaluate broker performance is demonstrated.

Original language	English (US)
Pages (from-to)	1-7
Number of pages	7
Journal	Transportation Research Record
Issue number	2224
DOIs	https://doi.org/10.3141/2224-01
State	Published - Dec 1 2011

ASJC Scopus subject areas

Civil and Structural Engineering
Mechanical Engineering

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10.3141/2224-01

Cite this

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AB - A network analysis of spot-market broker operations in supply chain management is presented with a case study of a brokerage firm. By modeling the connections between brokers and vendors, users can define metrics that correlate the strategies to select the vendors with profitability, which identifies new operating policies. Profitability is affected not only by the number of interactions between brokers and vendors but also by the quality of those interactions. The quality of interactions is quantified. The extent to which this approach can yield operating policy guidelines and serve as a tool to evaluate broker performance is demonstrated.

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Supply Chain broker operations

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ASJC Scopus subject areas

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