Combinatorial Auctions for Transportation Service Procurement: The Carrier Perspective
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چکیده
منابع مشابه
Combinatorial Auctions for Transportation Service Procurement: The Carrier Perspective
The procurement of transportation services is an important task for shippers because of the need to control costs at the same time as providing high service levels. When shippers with goods and/or materials to transport seek transportation services from outside companies they typically put out a request for quotes from a set of carriers. They then assign contracts based on negotiated service ch...
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Auction is a mechanism of selling distinct assets that can be both physical objects and virtual objects. Examples of virtual objects are the rights to use assets like airport time slots and FCC spectrum, or to service truckload delivery routes in a transportation network. Under some situations bidding on combinations of objects can render lower total price compare with bidding the objects one a...
متن کاملCombinatorial Auctions in the Procurement of Transportation Services
Most shippers go through an annual auction process of procuring transportation services, leading to an annual contract. This paper argues that the use of combinatorial auctions in this procurement can unlock significant reductions in operating costs for shippers, while protecting carriers from “winning” the lanes that do not fit their network, thus improving carriers’ operations as well. Combin...
متن کاملCombinatorial Auctions for Trucking Service Procurement: An Examination of Carrier Bidding Policies
Combinatorial auctions are increasingly used by large shippers as a method to establish service contracts with trucking companies. In order to achieve maximal benefits in these auctions, carriers must determine a bidding policy that can accurately evaluate the costs they will incur to fulfil these contracts and which can quickly examine many different possible options. In this paper, we analyze...
متن کاملCombinatorial Auctions in Procurement 1
Making the right pricing decision in sales or procurement is a complex task. While the types of pricing policies/methods used in the exchange of goods and services vary greatly, we can divide these mechanisms under two broad categories: posted price mechanisms and price discovery mechanisms. Under a posted price mechanism, a good is sold at a take-it-or-leave-it price determined by the seller...
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ژورنال
عنوان ژورنال: Transportation Research Record: Journal of the Transportation Research Board
سال: 2003
ISSN: 0361-1981,2169-4052
DOI: 10.3141/1833-06