Transportation Operations Management
Book information
Description
Transportation Operations Management provides the analytical tools and industry-wide context necessary to understand and address the critical real-world problems in transportation operations and planning that shippers, carriers, and third-party logistics providers face every day. The book examines operational problems from all transportation modes―air, motor carrier, water vessel, pipeline, and rail―to show how these interact in the real world of today’s carriers and shippers. The book also outlines and analyzes key issues such as designing efficient domestic and international transportation networks; choosing optimal locations within market spaces; designing infrastructure to manage network congestion; leveraging intermodalism for operational flexibility; leveraging techniques for costing, pricing, and revenue management; using tracking technology for decisionmaking; maintaining regulatory compliance in operations; and managing environmental stewardship. Paying particular attention to the influence of the logistical constraints of time, physical space, and location, the book reveals the key role of transportation in strategic and tactical decision-making. The book uses mathematical techniques such as the theory of capacity management, the microeconomics of costing and pricing, risk management, linear optimization, productivity measurement, queueing theory, and complex scheduling. The book also uses real-world problems with their actual marketplace constraints in technology, geography, and government regulations to provide an applied context to the techniques examined. Front Cover Transportation Operations Management Copyright Dedication Contents Author's biography Preface Chapter 1: Introduction to the transportation problem The role of transportation in operations management What is operations management? What is supply chain management? What is logistics? The black box of transportation Efficiencies in shipment consolidation, networks, and tracking Transportation value vs. cost Variable cost and fixed cost Cost of service and value of service Introduction of the players The five carrier modes The shippers/consignors The intermediaries Contractual interaction: The bill of lading Issues and problems going forward References Chapter 2: The economics of transportation operations Transportation and the economy Economies of scale Market failures in transportation Regulation of transportation Motor carriers Water vessels Railroads Air carriers Pipelines Issues and problems going forward References Chapter 3: Transportation and supply chain management Supply chain efficiency The role of the consignor The spot market Supply chain linkages Cooperation and coordination Purchasing and transportation Inventory control and transportation Just-in-time operations Ecommerce speed over capacity utilization Transportation for production and distribution Issues and problems going forward References Further reading Chapter 4: Location, networks, and congestion The role of geography The earth is round Orthodromes Natural choke points Location theory Agglomerations Gateways Transportation networks Design options Managing congestion Issues and problems going forward References Further reading Chapter 5: Transportation fleet management Private fleet vs for-hire Avoiding fixed costs Own vs lease Motor carrier owner-operators Front-haul vs back-haul Fleet management Issues and problems going forward References Chapter 6: The role of information technology in transportation From steam to data Digitization and transportation Predictive analytics Artificial intelligence Blockchain Electronic bills of lading Data sharing and customer service Adoption and diffusion Issues and problems going forward References Chapter 7: Problems in transportation costing Joint cost vs common cost Total cost of ownership The cost of demurrage and detention Cost of regulatory compliance IMO 2020 Zero-emission vehicles Issues and problems going forward References Chapter 8: Problems in transportation revenue management Revenue and cost Revenue management Price discrimination Ocean carrier contracting and antitrust immunity Using auctions to find the price Issues and problems going forward References Chapter 9: Risk management in transportation Risk and uncertainty Risk and uncertainty along the supply chain Risk assessment Force majeure General average Insurance and reinsurance A single window Issues and problems going forward References Chapter 10: The future of transportation operations Coordinating physics and psychology Automation and labor Energy usage References Index Back Cover
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