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Physical-internet-enabled auction logistics in perishable supply chain trading: State-of-the-art and research opportunities

Xiangtianrui Kong (Department of Transportation Economy and Logistics Management, College of Economics, Shenzhen University, Shenzhen, China)
G.Q. Huang (HKU-ZIRI Lab for Physical Internet, Department of Industrial and Manufacturing Systems Engineering, The University of Hong Kong, Hong Kong)
Hao Luo (Department of Transportation Economy and Logistics Management, College of Economics, Shenzhen University, Shenzhen, China)
Benjamin P.C. Yen (School of Business, The University of Hong Kong, Hong Kong)

Industrial Management & Data Systems

ISSN: 0263-5577

Article publication date: 28 September 2018

Issue publication date: 28 September 2018

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Abstract

Purpose

While significant efforts have been made to study auction and logistics theories in the context of perishable supply chain trading (PSCT) over the last few years, the consensus has not yet been reached on how best to examine the impact of physical-internet-enabled auction logistics (AL) decisions and processes on dynamic perishable products transactions. The purpose of this paper is to address this gap by investigating the existing situations and identifying future opportunities for both academic and industrial communities.

Design/methodology/approach

The relevant literature was sort out along with three dimensions, namely auction mechanism, level of decision and coordination. The methods of field investigation and focus group discussion were also used to explore the factors influencing AL performance.

Findings

A number of key findings presented. First, there is an emerging paradigm shift from offline auction to online auction. Robust and resilient AL are needed to fulfill the massive number of orders from different channels while considering dynamic decisions. Second, three-level decisions in AL have been explicitly classified and defined. Various mathematical techniques used in literature vis-à-vis the contexts of AL were mapped. Third, a coordination mechanism that dynamically balances trade-off between logistics efficiency and transaction price was discussed. Lastly, several opportunities for future research were distinguished with coherent connection of research domains and open questions.

Originality/value

This paper not only summaries key themes of current research dimensions, but also indicates existing deficiencies and potential research directions. The findings can be used as the basis for future research in PSCT and related topics.

Keywords

Acknowledgements

This work was supported in part by Zhejiang Provincial, Hangzhou Municipal, Lin’an City governments, ITF Innovation and Technology Support Programme of Hong Kong Government (ITP/079/16LP), HKSAR RGC GRF (No. 17212016; No. 17203117) and National Natural Science Foundation of China (No. 71671116; No. 71701079; No. 71801154).

Citation

Kong, X., Huang, G.Q., Luo, H. and Yen, B.P.C. (2018), "Physical-internet-enabled auction logistics in perishable supply chain trading: State-of-the-art and research opportunities", Industrial Management & Data Systems, Vol. 118 No. 8, pp. 1671-1694. https://doi.org/10.1108/IMDS-10-2017-0486

Publisher

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Emerald Publishing Limited

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