Mitigating Risk in Transportation Costs
Appendix 4A provides a detailed discussion of cost concepts in transportation, including accounting, economic and social costs. Review these costs, and in four-page paper in APA format, be sure to address the following:
•Discuss how accounting, economic, and social costs can be used in transportation to mitigate risks associated with these costs.
•Analyze how the company’s focus can impact these costs and impact risks.
•Provide at least one recommendation for each cost area that could mitigate the risks of those costs.
Your paper must be four pages in length (not including the title and reference pages) and must be formatted according to APA style as outlined in the approved APA style guide. You must cite at least three scholarly sources in addition to the textbook.
Required Text
Coyle, J., Novack, R.A., Gibson, B.J., & Barbi, E.J. (2011). Transportation: A Supply Chain Perspective (7th ed). Mason, OH: South-Western Cengage Learning.
ISBN: 978-0-324-78919-5
Required Article
Bapna, M. (2012, October 10). 3 lessons for a greener and more profitable supply chain. Forbes. Retrieved from http://www.forbes.com/sites/manishbapna/2012/10/10/3-lessons-for-better-supply-chain-management/
Recommended Articles
Berman, O., & Qian, W. (2006). Inbound logistic planning: minimizing transportation and inventory cost. Transportation Science, 40(3), 287-299. Retrieved from EBSCOhost.
Burnson, P. (July, 2008). The State of Logistics: Under the weather. Logistics Management 29 – 32. Retrieved from ProQuest.
Dowlatshahi, S. (2010). The role of transportation in the design and implementation of reverse logistics systems. International Journal of Production Research, 48(14), 4199-4215. Retrieved from EBSCOhost.
Lianguang, C., Ivan Su, S., & Hertz, S. (2009). How do regional third-party logistics firms innovate? A Cross-Regional Study. Transportation Journal, 48(3), 44-50. Retrieved from EBSCOhost.
Caris, A., Macharis, C., & Janssens, G. K. (2008). Planning problems in intermodal freight transport: accomplishments and prospects. Transportation Planning & Technology, 31(3), 277-302. Retrieved from EBSCOhost.
Bolumole, Y. A., Frankel, R., & Naslund, D. (2007). Developing a theoretical framework for logistics outsourcing. Transportation Journal, 46(2), 35-54. Retrieved from EBSCOhost.
Hopkins, M. S. (2010). How sustainability creates new opportunity. MIT Sloan Management Review, 51(4), 65-69. Retrieved from ProQuest.
Grawe, S. J. (2009). Logistics innovation: a literature-based conceptual framework. International Journal of Logistics Management, 20(3), 360-377. Retrieved from ProQuest.
Tavasszy, L. A., Ruijgrok, C. J., & Thissen, M. M. (2003). Emerging global logistics networks: Implications for transport systems and policies. Growth & Change, 34(4), 456-472. Retrieved from EBSCOhost.
Browning, D. M. (2003). The smart border: Movement of goods–Transportation and Customs Aspects. Canada-United States Law Journal, 29151-159. Retrieved from EBSCOhost.
Recommended Websites
Institute for Supply Management. Retrieved from: http://www.ism.ws
U.S Environmental Protection Agency Smart Way site. Retrieved from: http://www.epa.gov/smartwaylogistics/index.htm
