Survey of Literature on Measuring Logistics Cost: A Developing Country’s Perspective

Pohit, Sanjib; Gupta, Devendra B.; Pratap, Devender; Malik, Sameer

doi:10.1177/2631684619883041

Cited by 9 publications

(10 citation statements)

References 6 publications

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“…In terms of logistics costs, there are five common components, as indicated by Pohit et al [18]: transportation costs, warehousing costs for both in-house and outsource, administration costs, inventory-holding costs, and inventory-carrying costs. In addition to considering the aforementioned roles, logistics center locations should be suitable for integrated and other transportation modes.…”

Section: Background and Literature Reviewsmentioning

confidence: 99%

Hybrid Metaheuristic-Based Spatial Modeling and Analysis of Logistics Distribution Center

Khairunissa

Lee

2021

IJGI

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The location analysis of logistics distribution centers is one of the most critical issues in large-scale supply chains. While a number of algorithms and applications have been provided for this end, comparatively fewer investigations have been made into the integration of geographical information. This study proposes logistic distribution center location analysis that considers current geographic and embedded information gathered from a geographic information system (GIS). After reviewing the GIS, the decision variables and parameters are estimated using spatial analysis. These variables and parameters are utilized during mathematical problem-based analysis stage. While a number of existing algorithms have been proposed, this study applies a hybrid metaheuristic algorithm integrating particle swarm optimization (PSO) and genetic algorithm (GA). Using the proposed method, a more realistic mathematical model is established and solved for accurate analysis of logistics performance. To demonstrate the effectiveness of the proposed method, Korea Post distribution centers were considered in South Korea. Through tests with several real-world scenarios, it is proven experimentally that the proposed solution is more effective than existing PSO variations.

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Section: Background and Literature Reviewsmentioning

confidence: 99%

Hybrid Metaheuristic-Based Spatial Modeling and Analysis of Logistics Distribution Center

Khairunissa

Lee

2021

IJGI

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“…Such detailed data are not maintained by government or the logistics sector. Hence, the developing countries use the former approach in combination with surveys to arrive at logistic cost (Pohit et al, 2019).…”

Section: Review Of Literature: Estimating Logistics Costmentioning

confidence: 99%

Quantifying Macro Logistics Cost of India

Pratap

Gupta

Pohit

2020

Preprint

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Globalisation has opened up economic opportunities for developing countries in the form of outflow of value-added services, low-cost raw materials , human resource skills, improved market access for their exports, efficiency gains in their economies through technology transfer and spill-over, and resource re-allocations. Consequently, various developing countries, including India, have increasingly begun to position themselves for greater participation in regional and global markets. It goes without saying that India needs to build its capacity for establishing linkages with global and regional markets for deriving the optimal benefits of engaging with the globalised world. This, in turn, depends on the creation of an efficient logistics system. For this purpose, most of the developed and emerging countries estimate logistics costs on a regular basis, and use performance indicators to measure the efficiency levels of logistics activities. Till now, no attempt has been made to estimate logistics cost of India by the official statistical organisation. Two estimate of logistics cost computed by private bodies are usually quoted when one refers to Indian estimate. However, the methodology of the two needs serious introspection. In this context, this paper makes an attempt to estimate logistics cost of India.

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“…All these factors discourage investors to invest in several sectors including the manufacturing sector. (Pohit, Gupta, Pratap, & Malik, 2019).…”

Section: Connectivitymentioning

confidence: 99%

Why did make in India scheme fail to attract FDI inflows in Indian manufacturing sector?

Choudhury¹

2020

Journal of Public Affairs

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To boost the manufacturing sector, India announced a highly ambitious scheme Make in India in 2014. The scheme aims to transform India into a global design and manufacturing hub by fostering innovation, facilitate investment and build best in class manufacturing infrastructure. The scheme envisioned to increase the share of the manufacturing sector to the GDP to 25% and create 100 million new jobs by 2025. Another prime objective of the plan was to attract foreign direct investment in the Indian manufacturing sector. The government identified 25 industries in the manufacturing sector. Several steps were undertaken to publicise the campaign both domestically and internationally. The government allocated around Rs. 1821.5 Cr since the launch of the scheme. But, after the six years of its launch, the scheme has made little impact on the economy. The scheme could neither increase the share of the manufacturing sector in GDP nor could attract any significant volume of FDI in the manufacturing sector. In this backdrop, this study attempts to assess the performance of the scheme. The paper also attempts to investigate the factors that hindered its success.

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Survey of Literature on Measuring Logistics Cost: A Developing Country’s Perspective

Cited by 9 publications

References 6 publications

Hybrid Metaheuristic-Based Spatial Modeling and Analysis of Logistics Distribution Center

Hybrid Metaheuristic-Based Spatial Modeling and Analysis of Logistics Distribution Center

Quantifying Macro Logistics Cost of India

Why did make in India scheme fail to attract FDI inflows in Indian manufacturing sector?

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