Comparison of Container Stock Systems: The benefits of having a single shared stock of containers
Tavasszy, L. (mentor)
Brito, M. (mentor)
Seck, M. (mentor)
Walker, W. (mentor)
Rosen, D. (mentor)
Technology, Policy and Management
Transport and Logistics (TLO)
The strategy being conducted by container shipping companies is to introduce a new stock system of container shipping to reduce their costs on containers and get maximum profit. Every Line having its Own Stock (ELO Stock) is the most common container shipping stock system. Single shared Stock (SS Stock) is a new container shipping stock system. The current research is aimed at comparing different stock systems of container shipping industry. The container related costs, storage cost of depot, repositioning cost, export revenue, and import revenue are defined as criteria to do analysis. We use policy analysis methodology to build framework of research, then, we build simulation model according to discrete modeling approach. Finally, we analyze these two stock systems for different future situations based on the scenario analysis method. We use a quantitative analysis to compare different stock systems.
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(c) 2011 Liu, C.