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

fYear

2009

fDate

2-6 Aug. 2009

Firstpage

1221

Lastpage

1224

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;

fLanguage

English

Publisher

ieee

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

Type

conf

DOI

10.1109/PICMET.2009.5262018

Filename

5262018