Title :
Measuring the management efficiency of Korean 3PL providers with financial measurements
Author :
Leem, Byunghak ; Yi, Sangwon
Author_Institution :
Dept. of Bus. Adm., Pusan Univ. of Foreign Studies, Busan, South Korea
Abstract :
The objective of this study is to measure relative efficiencies of 3PL providers with financial statements and benchmarking analysis. It also suggested a three-level DEA model to measure management efficiencies precisely. This paper used such factors including the number of employees, operating expenses, fixed assets, liabilities and capitals, net profits, earning per share, sales, corporate values, and returns on investments (ROI). After analyzing technical and scale efficiencies of third party logistics companies in each level and using linkage of two levels, it put them one by one in one of four categories, called Star, Dog, Cow and Sleeper. And it found out which one is the financial weak points of Korean logistics providers which do not belong to Star and what they should do to move into the realm of Star.
Keywords :
corporate acquisitions; data envelopment analysis; investment; outsourcing; personnel; DEA model; Korean 3PL providers; benchmarking analysis; corporate values; employees; financial measurements; financial statements; fixed assets; liabilities; net profits; operating expenses; outsourcing; returns on investments; third party logistics companies; Costs; Data envelopment analysis; Financial management; Logistics; Manufacturing; Marketing and sales; Outsourcing; Productivity; Remuneration; Supply chains;
Conference_Titel :
Management of Engineering & Technology, 2009. PICMET 2009. Portland International Conference on
Conference_Location :
Portland, OR
Print_ISBN :
978-1-890843-20-5
Electronic_ISBN :
978-1-890843-20-5
DOI :
10.1109/PICMET.2009.5262018
