Access the full text.
Sign up today, get DeepDyve free for 14 days.
J. Swart (1990)
A system dynamics approach to predator-prey modeling.System Dynamics Review, 6
M. Gary, M. Kunc, J. Morecroft, Scott Rockart (2008)
System Dynamics and StrategyKenan Institute of Private Enterprise Research Paper Series
P. Senge (1997)
THE FIFTH DISCIPLINEMeasuring Business Excellence, 1
A. Sohal, S. Rahman (2013)
Use of Third Party Logistics Services: An Asia-Pacific Perspective
(2018)
22nd annual third party logistics survey
M. Kunc (2008)
Using systems thinking to enhance strategy mapsManagement Decision, 46
(2018)
Transportation & Logistics, Volume 3: Emerging Markets – New hubs, new spokes, new industry leaders?
Mengru Tu, M. Lim, Ming-Fang Yang (2017)
IoT-based production logistics and supply chain system - Part 1: Modeling IoT-based manufacturing supply chainInd. Manag. Data Syst., 118
W. Delfmann, Sascha Albers, M. Gehring (2002)
The impact of electronic commerce on logistics service providersInternational Journal of Physical Distribution & Logistics Management, 32
Junichi Kato, Richard Schoenberg (2012)
Customer and Competitor Responses to Mergers and Acquisitions: An Empirical Investigation in the Logistics Industry, 11
Rajbir Bhatti, Pradeep Kumar, Dinesh Kumar (2010)
Analytical modeling of third party service provider selection in lead logistics provider environmentsJournal of Modelling in Management, 5
Sameer Kumar, Michael Sosnoski (2009)
The Effects of China’s Economic Growth on Domestic and International Supply Chains: Assessing the RisksSupply Chain Forum: An International Journal, 10
K. Park, O. Meglio, Florian Bauer, S. Tarba (2018)
Managing patterns of internationalization, integration, and identity transformation: The post-acquisition metamorphosis of an Arabian Gulf EMNCJournal of Business Research
L. Rabelo, T. Speller (2005)
Sustaining growth in the modern enterprise: A case studyJournal of Engineering and Technology Management, 22
Ministry of trade and industry, annual growth in external trade
J. Swanson (2002)
Business Dynamics—Systems Thinking and Modeling for a Complex WorldJournal of the Operational Research Society, 53
Juan Torres, M. Kunc, F. O'Brien (2017)
Supporting strategy using system dynamicsEur. J. Oper. Res., 260
(2017)
Consolidation in the 3PL industry: why is it happening, and what does it mean?
B. Sundarakani, A. Sikdar, S. Balasubramanian (2014)
System dynamics-based modelling and analysis of greening the construction industry supply chainInternational Journal of Logistics Systems and Management, 18
Department of statistics, transport and storage industry
Zhimin Huang, Yi-Ming Wei, Ke Wang, Hua Liao (2017)
Energy economics and climate policy modelingAnnals of Operations Research, 255
V. Volterra
Fluctuations in the Abundance of a Species considered MathematicallyNature, 118
Donatus Onwuegbuchunam, K. Okeke, C. Igboanusi, O. Ugboma (2018)
Structural changes in the global transport chain: implications for ports, 3
Singapore government expenditure overview
Chee-Chuong Sum, Chew‐Been Teo (1999)
Strategic posture of logistics service providers in SingaporeInternational Journal of Physical Distribution & Logistics Management, 29
Shuting Li, Xiangfeng Chen (2018)
The role of supply chain finance in third-party logistics industry: a case study from ChinaInternational Journal of Logistics Research and Applications, 22
Yangyan Shi, A. Zhang, T. Arthanari, Yanping Liu (2016)
Third-party purchase: an empirical study of Chinese third-party logistics usersInternational Journal of Operations & Production Management, 36
R. Bhatnagar, A. Sohal, Robert Millen (1999)
Third party logistics services: a Singapore perspectiveInternational Journal of Physical Distribution & Logistics Management, 29
(2003)
DEPARTMENT OF STATISTICS
(2018)
Predator-prey dynamics and wildlife management: a system dynamics model
(2015)
Logistics industry digital guide for SMEs , info communications media development authority ”
Supply Chain Forum: An International Journal, 10
(2018)
Third-party logistics mergers and acquisitions activity drives further industry consolidation
V. Giannikas, D. McFarlane, J. Strachan (2019)
Towards the deployment of customer orientation: A case study in third-party logisticsComput. Ind., 104
S. Engelen, Hilda Meersman, E. Voorde (2006)
Using system dynamics in maritime economics: an endogenous decision model for shipowners in the dry bulk sectorMaritime Policy & Management, 33
B. Sundarakani, Hira Razzak, S. Manikandan (2018)
Creating a competitive advantage in the global flight catering supply chain: a case study using SCOR modelInternational Journal of Logistics Research and Applications, 21
Antuela Tako, S. Robinson (2012)
The application of discrete event simulation and system dynamics in the logistics and supply chain contextDecis. Support Syst., 52
(1961)
Industrial Dynamics, MA: MIT Press, USA
A. Haldar, Umer Qamaruddin, Rakesh Raut, Sachin Kamble, M. Kharat, S. Kamble (2017)
3PL evaluation and selection using integrated analytical modelingJournal of Modelling in Management, 12
Amitava Dutta, R. Roy (2005)
Offshore Outsourcing: A Dynamic Causal Model of Counteracting ForcesJournal of Management Information Systems, 22
M. Kunc, Michael Mortenson, R. Vidgen (2018)
A computational literature review of the field of System Dynamics from 1974 to 2017Journal of Simulation, 12
(2018)
Freight and logistics M&a landscape summer 2018
C. Fontes, F. Freires (2018)
Sustainable and renewable energy supply chain: A system dynamics overviewRenewable & Sustainable Energy Reviews, 82
Federico Barnabé (2016)
Policy Deployment and Learning in Complex Business Domains: The Potentials of Role PlayingInternational Journal of Biometrics, 11
M. Qureshi (2007)
System dynamics modelling of firm valueJournal of Modelling in Management, 2
Singapore standard industrial classification SSIC 2015 (version 2018)
(2014)
System dynamics based modeling and analysis of greening the construction industry supply chain
Y. Politis, A. Giovanis, Spyridon Binioris (2014)
Logistics service quality and its effects on customer satisfaction in the manufacturing companies’ supply chainsJournal of Modelling in Management, 9
Florian Kiesel, Jörg Ries, Artur Tielmann (2017)
The impact of mergers and acquisitions on shareholders' wealth in the logistics service industryInternational Journal of Production Economics, 193
M. Pascual (1996)
Understanding nonlinear dynamicsActa Biotheoretica, 44
Sushmita Narayana, R. Pati, S. Padhi (2019)
Market dynamics and reverse logistics for sustainability in the Indian Pharmaceuticals industryJournal of Cleaner Production
Zhimin Huang (2000)
Franchising cooperation through chance cross-constrained gamesNaval Research Logistics, 47
S. Pickett, W. Carson (1987)
Ecology: Individuals, populations and communitiesBrittonia, 39
Federico Barnabé (2011)
The dynamic nature of strategy: reflections on Kim Warren’s strategic management dynamicsJournal of Management & Governance, 15
Lisa Brekalo, Sascha Albers (2016)
Effective logistics alliance design and managementInternational Journal of Physical Distribution & Logistics Management, 46
(1925)
Elements of Physical Biology, Williams andWilkins, Baltimore
Federico Barnabé (2011)
A “system dynamics‐based Balanced Scorecard” to support strategic decision making: Insights from a case studyInternational Journal of Productivity and Performance Management, 60
(2018b)
Department of statistics, transport and storage industry, Singapore
(1994)
1994),The Fifth Discipline, Currency Doubleday, USA
J. Forrester (2012)
Industrial Dynamics: A Major Breakthrough for Decision Makers
Global logistics industry profile
(2017)
21st annual third party logistics survey
Ruixue Zhao, Yiyun Liu, Zhen-Yi Zhang, Sidai Guo, M. Tseng, Kuo-Jui Wu (2018)
Enhancing Eco-Efficiency of Agro-Products’ Closed-Loop Supply Chain under the Belt and Road Initiatives: A System Dynamics ApproachSustainability, 10
(1998)
The practice of systems dynamics: milestones, lessons and ideas from 30 years of experience
R. Lieb, K. Butner (2006)
CEO perspective : the 3PL industry in Asia/PacificSupply Chain Management Review, 10
Hui-jie Gao, Jianhua Yang, Huan-wu Yin, Z. Ma (2017)
The impact of partner similarity on alliance management capability, stability and performance: Empirical evidence of horizontal logistics alliance in ChinaInternational Journal of Physical Distribution & Logistics Management, 47
Byungin Park, Hokey Min (2017)
A game-theoretic approach to evaluating the competitiveness of container carriers in the Northeast Asian shipping marketAsia Pacific Journal of Marketing and Logistics, 29
Shi-di Miao, Tengfei Wang, Deyun Chen (2017)
System dynamics research of remanufacturing closed-loop supply chain dominated by the third partyWaste Management & Research, 35
Freight and logistics M&a landscape summer
George Innis, J. Forrester (1997)
Industrial DynamicsJournal of the Operational Research Society, 48
B. Sundarakani, P. Vrat, Pradeep Kumar (2010)
Dynamic analysis of a global supply chain using system dynamics approachInternational Journal of Electronic Customer Relationship Management, 4
J. Buskirk, Kerry Yurewicz (1998)
Effects of predators on prey growth rate : relative contributions of thinning and reduced activityOikos, 82
(2018a)
Department of statistics, Singapore
R. Lieb, K. Lieb (2016)
3PL CEO Perspectives on the Current Status and Future Prospects of the Third-party Logistics Industry in North America: The 2014 SurveyTransportation Journal, 55
(2019)
23rd annual third party logistics survey
(1958)
Industrial dynamics: a major breakthrough for decisionmakers”,Harvard Business Review, July-August
In this Industry 4.0 era, third-party logistics (3PL) industries face huge cost pressure to deliver their service. With increase in competition among the players, constant mergers and acquisitions (M&A) have been taking place to sustain competitive advantage. Therefore, this study aims to investigate the growth dynamics among the 3PL service providers.Design/methodology/approachIn this research, the system dynamics methodology was applied to the study of the growth of 3PL industry in Singapore. A population growth model incorporating the predator–prey interaction is developed to account for growth through M&As among 3PLs and their interaction phenomenon are modeled through modified Lotka–Volterra method. The two-species system model consisting of small and medium logistics service providers (SMLSPs as the prey) and the lead logistics providers (LLPs as the predator) are gauged according to the firm size.FindingsResults from the baseline model indicates that Singapore’s logistics industry looks very optimistic for SMLSPs for another 6 years from 2018, while the LLP population will achieve a peak at about 12 years from 2018. Further sensitivity analysis through macroeconomic and microeconomic changes reveals increase in trend of M&As. By varying competitive pressures between firms, results indicate that the LLP population experiences a decreasing rate of increasing SMLSP population falls.Research limitations/implicationsThe research provides guidance for logistics and supply chain managers to better understand the critical factors that impact and determine competitive dynamics. The paper further recommends managers to build sustainable logistics strategies to retain competitive advantages.Originality/valueThe research contributes to both economic and social dimensions of logistics sustainability of how resilient the industries are during uncertain conditions. Some of the limitations of this research include the geographic coverage of the study region and other methodological aspects. The research value thus helps policymakers for developing strategic policies for sustainable industrial growth.
Journal of Modelling in Management – Emerald Publishing
Published: Oct 4, 2019
Keywords: Logistics; Modelling; Supply chain management; Third-party logistics; Sustainability; Lotka–Volterra equations; Predator–prey interactions; System dynamics
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.