Search Results (1,010)

The rapid growth of e-commerce and advances in information and communication technologies have placed increasing pressure on last-mile delivery companies to enhance operational productivity. As investments in logistics infrastructure require long-term planning, maximizing the efficiency of existing terminal operations has become a critical priority. This study proposes a mathematical model for inbound truck scheduling that simultaneously minimizes truck waiting times and balances workload across temporary inventory storage located at outbound chutes in cross-docking terminals. The model incorporates a dynamic rescheduling strategy that updates the assignment of inbound trucks in real time, based on the latest terminal conditions. Numerical experiments, based on real operational data, demonstrate that the proposed approach significantly outperforms conventional strategies such as First-In First-Out (FIFO) and Random assignment in terms of both load balancing and truck turnaround efficiency. In particular, the proposed model improves workload balance by approximately 10% and 12% compared to the FIFO and Random strategies, respectively, and it reduces average truck waiting time by 17% and 18%, thereby contributing to more efficient workflow and alleviating bottlenecks. The findings highlight the practical potential of the proposed strategy for improving the responsiveness and efficiency of parcel distribution centers operating under fixed infrastructure constraints. Future research may extend the proposed approach by incorporating realistic operational factors, such as cargo heterogeneity, uncertain arrivals, and terminal shutdowns due to limited chute storage. Full article

This study investigates the influence of corporate governance on reducing financial statement fraud (FSF) in Jordanian service and industrial companies listed on the Amman Stock Exchange from 2018 to 2022. To achieve this, the study employed the Beneish M-score model to assess the likelihood of FSF and logistic regression to examine the influence of corporate governance structure on fraud mitigation. The study identified 13 independent variables, including board size, board director’s independence, board director’s compensation, non-duality of CEO and chairman positions, board diversity, audit committee size, audit committee accounting background, number of annual audit committee meetings, external audit fees, board family business, the presence of women on the board of directors, firm size, and market listing on FSF. The study included 74 companies from both sectors—33 from the industrial sector and 41 from the service sector. Primary data was collected from financial statements and other information published in annual reports between 2018 and 2022. The results of the study revealed a total of 295 cases of fraud during the examined period. Out of the 59 companies analyzed, 21.4% demonstrated a low probability of fraud, while the remaining 78.6% (232 observations) showed a high probability of fraud. The results indicate that the following corporate governance factors significantly impact the mitigation of financial statement fraud (FSF): independent board directors, board diversity, audit committee accounting backgrounds, the number of audit committee meetings, family business involvement on the board, and firm characteristics. The study provides several recommendations, highlighting the importance for companies to diversify their boards of directors by incorporating different perspectives and experiences. Full article

The logistics industry faces challenges from evolving consumer expectations, technological advances, sustainability demands, and market disruptions. Logistics collaboration is in theory perceived as one of the most promising solutions to solve these issues, but here are still a lot of challenges that needs to be better understood and addressed. While vertical collaboration among supply chain actors is well advanced, horizontal collaboration among competing service providers remains under-explored. This study developed a novel methodology based on the COM-B behaviour-change framework to better understand the main challenges, opportunities, capabilities and drivers that would motivate competing companies to exploit the potential of horizontal logistics collaboration. A survey was designed and conducted among 71 logistics service providers in Slovenia, chosen for its fragmented market and low willingness to collaborate. Statistical analysis reveals cost reduction (M = 4.21/5) and improved vehicle utilization (M = 4.29/5) as the primary motivators. On the other hand, maintaining company reputation (M = 4.64/5), fair resource sharing (M = 4.20/5), and transparency of logistics processes (M = 4.17/5) all persist as key enabling conditions. These findings underscore the pivotal role of behavioural drivers and suggest strategies that combine economic incentives with targeted trust-building measures. Future research should employ experimental designs in diverse national contexts and integrate vertical–horizontal approaches to validate causal pathways and advance theory. Full article

To ensure stability and transparency in the European logistics sector, in May 2017, the European Commission presented several proposals to change the regulation of the market—in particular, market access, driving and rest periods, and business trips. In the development of this package, several unfavourable decisions were made that go against Lithuanian transport companies, which will have a significant impact on the companies’ finances, as the frequent return of trucks will lead to additional fuel costs and is also in contradiction with the concept of green logistics. Thus, it is essential to study the Mobility Package’s pros and cons and compare researchers’ views. Accordingly, the subject of this article is the impact of the Mobility Package on Lithuanian logistics companies. This article employs various methods, including an analysis of the scientific literature and legislation, statistical data analysis, PEST analysis, and qualitative research based on expert interviews. The results allow us to identify that the content of the Mobility Package is driven by the goal of ensuring equivalent working conditions throughout the EU, which in this case is the most important object of the legal changes. Also, based on the results obtained, it can be stated that Lithuanian logistics companies that want to remain in the market have several solutions they can employ to achieve that goal, and to support their efforts, a competitiveness improvement model for Lithuanian logistics companies has been developed. Full article

According to the Formula 1 commitment to produce net zero carbon emissions by 2030, the present paper examines the environmental impact of Formula 1 logistics by means of a case study carried out from the point of view of an Italian company, with reference to the European Grand Prix. Logistics accounts for approximately 49% of the sport’s total emissions and accordingly, to reduce its carbon footprint, addressing the logistics activity is vital. Two scenarios are compared in detail: AS-IS, involving only road transport of assets, and TO-BE, in which a combined rail–road approach (i.e., intermodal freight) is implemented. While the AS-IS scenario is more cost-effective, it has a significant environmental impact in terms of CO₂ emissions; in contrast, though more complex and costly, TO-BE offers major advantages for environmental sustainability, including reduced emissions (approximately half compared to AS-IS) and improved efficiency through intermodal transport units. This study stresses that a combined transport system, facilitated by the European rail infrastructure, is a more sustainable option for Formula 1 logistics. However, achieving full carbon neutrality still represents a challenge that will require further innovations and collaboration among the stakeholders of this world. Full article

Strategic logistics planning is used by management to define action plans that will enable organizations to always make decisions that are in the organization’s best interests. They are based on a knowledge repository of business experiences, which is usually represented by a centralized, organized, and searchable digital system where organizations store and manage critical institutional knowledge. Thus, an institutional knowledge base provides sustainability, making the experiences readily available while keeping them well organized. In this research, the experiences of logistics experts from selected scholarly designs for six-sigma business improvement projects have been collected, classified, and organized to form a logistics knowledge management system. Although originally meant to facilitate current and future decisions in strategic logistics planning of the cooperating companies, it is also used in logistics education to introduce knowledge-based engineering principles to enterprise strategic planning, based on continuous improvement of quality-related product or process performance indicators. The main goal of this article is to highlight the benefits of knowledge-based engineering over the established ontological logistics knowledge base in smart production, based on the predisposition that ontological institutional knowledge base management is more efficient, adaptable, and sustainable. Full article

The production of bio-based products for different purposes has become an increasingly common strategy over the last few decades, both in Europe and worldwide. This trend seeks to contribute to mitigating the impacts associated with climate change and to cope with the ambitious objectives established at European level. Over recent decades, agro-industries have shown significant potential as biomass suppliers, triggering the development of robust logistical supply chains and the valorization of by-products to obtain bio-based products that can be marketed at competitive prices. However, this transformation may, in some cases, involve restructuring traditional business model to incorporate the biorefinery concept. In this sense, the first step in developing a bio-based value chain involves assessing the resource’s availability and characterizing the feedstock to select the valorization pathway and the bio-application with the greatest potential. The paper incorporates inputs from a case study on PATURPAT, a company commercializing a wide range of ready-prepared potato products, which has commissioned a starch extraction facility to process the rejected pieces of potatoes and water from the process to obtain starch that can be further valorized for different bio-applications. This study aims to comprehensively review current trends and frameworks for potatoes processing agro-industries and define the most suitable bio-applications to target, as well as identify opportunities and challenges. Full article

Japan’s 8.5 million vacant homes (Akiyas) represent a paradox of scarcity amid surplus: while rural depopulation leaves properties abandoned, housing shortages and bureaucratic inefficiencies hinder their reuse. This study proposes AKI2ALL, an AI-blockchain framework designed to automate the circular repurposing of Akiyas into ten high-value community assets—guesthouses, co-working spaces, pop-up retail and logistics hubs, urban farming hubs, disaster relief housing, parking lots, elderly daycare centers, exhibition spaces, places for food and beverages, and company offices—through smart contracts and data-driven workflows. By integrating circular economy principles with decentralized technology, AKI2ALL streamlines property transitions, tax validation, and administrative processes, reducing operational costs while preserving embodied carbon in existing structures. Municipalities list properties, owners select uses, and AI optimizes assignments based on real-time demand. This work bridges gaps in digital construction governance, proving that automating trust and accountability can transform systemic inefficiencies into opportunities for community-led, low-carbon regeneration, highlighting its potential as a scalable model for global vacant property reuse. Full article

This paper explores the strategic implications of technological adoption within shipping logistics service supply chains, with a particular focus on blockchain technology (BCT). When integrating new technologies, supply chain stakeholders evaluate associated risks alongside complexity, profitability, and operational challenges, which influence their strategic behaviors. Anchored in the concept of technology trust, this study examines how different risk preferences affect BCT adoption decisions and freight rate strategies. A game-theoretic model is constructed using a mean-variance utility framework to analyze interactions between shipping companies and freight forwarders under three adoption scenarios: no adoption (NN), partial adoption (BN), and full adoption (BB). The results indicate that risk-seeking agents are more likely to adopt BCT early but face greater freight rate volatility in the initial stages. As the technology matures, strategic variability declines and the influence of adaptability on pricing becomes less pronounced. In contrast, risk-neutral and risk-averse participants tend to adopt more conservatively, resulting in slower but more stable pricing dynamics. These findings offer new insights into how technology trust and risk attitudes shape strategic decisions in digitally transforming supply chains. The study also provides practical implications for differentiated pricing strategies, BCT adoption incentives, and collaborative policy design among logistics stakeholders. Full article

Globalization has greatly changed the way logistics firms function, improving speed, accuracy, and efficiency in everything from logistic management to warehousing. Robotics and automation technologies driven by artificial intelligence improve warehouse operations’ efficiency and adaptability, allowing warehouses to easily manage a variety of items, packaging kinds, and order profiles. Nevertheless, more research is still needed to fully comprehend how automation has affected logistics and how it has evolved. In addition, to date, no scholarly work has provided a thorough analysis of particular automated logistic process automation strategies used by Lithuanian businesses. Although many of the assessments that are currently available in this field offer valuable insights, they are frequently overly broad. In order to tackle this problem, we conducted a methodical study that attempts to offer a strong and pertinent basis, focusing on the automation of logistics processes that are used in supply chain management together with artificial intelligence. This study’s objective was to examine conditions for increasing logistics automation processes in Lithuanian logistic companies. The novelty of this article is the consideration of the main factors influencing the automation of logistics processes, which include the key drivers of AI-powered warehouse automation processes to evaluate the real level of automation. Full article

It is well known that there is a significant conflict of interest between high-speed rail (HSR) operators and logistics companies. This study proposes an HSR freight pricing strategy based on a multi-objective optimization framework and a freight mode splitting model based on the Logit model. A utility function was constructed to quantify the comprehensive utility of different modes of transportation by integrating five key influencing factors: economy, speed, convenience, stability, and environmental sustainability. A bi-objective optimization model was developed to balance the cost of the logistics with the benefits of high-speed rail operators to achieve a win–win situation. The model is solved by the TOPSIS method, and its effectiveness is verified by the freight case of the Zhengzhou–Chongqing high-speed railway in China. The results of this study showed that (1) HSR has advantages in medium-distance freight transportation; (2) increasing government subsidies can help improve the market competitiveness of high-speed rail in freight transportation. This research provides theoretical foundations and methodological support for optimizing HSR freight pricing mechanisms and improving multimodal transport efficiency. Full article

Leadership is essential for promoting the circular economy (CE) by fostering systemic thinking, promoting resource efficiency, and driving innovative practices that close material loops and minimize environmental impact. In addition, the principles of CE recommend changing production chains to balance economic development, sustainability, and social well-being. This study examines a tertiary packaging company’s circular economy implementation, by using a framework and a circular business model canvas (CBMC) and by identifying the challenges and opportunities for improving environmental management. The method was a participatory research case study using interviews and frameworks. In the context of this company, servitization in logistics was highlighted as an alternative to overcome growth challenges and to add value; however, the company faces significant challenges in implementing it. In addition, it is necessary to increase consciousness among those involved about the concept of the CE and its benefits to improve operational efficiency and review product design to expand environmental management. This research concludes that servitization (as a circular economy strategy), environmental education, and innovation practices can help companies achieve greater financial performance in the packaging industry and contribute to sustainable development goals—SDG achievements. Full article

In the low-carbon era, there is a serious challenge of climate change, which urgently needs to promote low-carbon consumption behavior in order to build sustainable low-carbon consumption patterns. The establishment of this model not only requires in-depth theoretical research as support, but also requires tripartite cooperation between the government, enterprises and the public to jointly promote the popularization and practice of the low-carbon consumption concept. Therefore, by constructing a tripartite evolutionary game model and simulation analysis, this study deeply discusses the mechanism of government policy on the strategy choice of logistics enterprises. The stability strategy and satisfying conditions are deeply analyzed by constructing a tripartite evolutionary game model of the logistics industry, government, and consumers. With the help of MATLAB R2023b simulation analysis, the following key conclusions are drawn: (1) The strategic choice of logistics enterprises is affected by various government policies, including research and development intensity, construction intensity, and punishment intensity. These government policies and measures guide logistics enterprises toward low-carbon development. (2) The government’s research, development, and punishment intensity are vital in determining whether logistics enterprises adopt low-carbon strategies. R&D efforts incentivize logistics companies to adopt low-carbon technologies by driving technological innovation and reducing costs. The penalties include economic sanctions to restrain companies that do not comply with low-carbon standards. In contrast, construction intensity mainly affects the consumption behavior of consumers and then indirectly affects the strategic choice of logistics enterprises through market demand. (3) Although the government’s active supervision is a necessary guarantee for logistics enterprises to implement low-carbon strategies, more is needed. This means that in addition to the government’s policy support, it also needs the active efforts of the logistics enterprises themselves and the improvement of the market mechanism to promote the low-carbon development of the logistics industry jointly. This study quantifies the impact of different factors on the system’s evolution, providing a precise decision-making basis for policymakers and helping promote the logistics industry’s and consumers’ low-carbon transition. It also provides theoretical support for the logistics industry’s low-carbon development and green low-carbon consumption and essential guidance for sustainable development. Full article

Remanufacturing plays a key role in the circular economy by reducing material consumption and extending product life cycles. However, a major challenge in remanufacturing is accurately forecasting the availability of cores, particularly regarding their quantity, timing, and condition. Although machine learning (ML) offers promising approaches for addressing this challenge, there is limited clarity on which influencing factors are most critical and which ML approaches are best suited to remanufacturing-specific forecasting tasks. This study addresses this gap through a mixed-method approach combining expert interviews with two systematic literature reviews. The interviews with professionals from remanufacturing companies identified key influencing factors affecting product returns, which were structured into an adapted Ishikawa diagram. In parallel, the literature reviews analyzed 125 peer-reviewed publications on ML-based forecasting in related domains—specifically, spare parts logistics and manufacturing quality prediction. The review categorized data sources into real-world, simulated, and benchmark datasets and examined commonly applied ML models, including traditional methods and deep learning architectures. The findings highlight transferable methodologies and critical gaps, particularly a lack of remanufacturing-specific datasets and integrated models. This study contributes a structured overview of ML forecasting in remanufacturing and outlines future research directions for enhancing predictive accuracy and practical applicability. Full article

This article presents an innovative model for managing cash logistics, grounded in the 4P concept of supply chain management. The 4P framework encompasses four interconnected elements: Product, Players, Processes and Policies. Developed with a focus on sustainability the 4P Cash Logistics Model is based on empirical research conducted in Poland, involving key participants in the cash supply chain—the central bank, commercial banks and cash handling companies. It also incorporates, albeit less explicitly, the perspectives of merchants and consumers as end-users of cash, offering a comprehensive view of the cash cycle management. The 4P Cash Logistics Model has been designed in a country-agnostic manner, employing the concept of a control tower, with the central bank positioned as the integrator of the cash supply chain. This paper proposes several improvements to cash logistics, including the introduction of a standardised electronic bank deposit slip and a multilateral platform for exchanging information on cash stocks and flows and for trading monetary value between banks and cash handling companies. Full article