Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review

Md Rakibul Hasan; Adel Elomri; Chefi Triki

doi:10.1109/ACCESS.2023.3284310

Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review

Md Rakibul Hasan^*
, Adel Elomri
, Chefi Triki

^*Corresponding author for this work

Division of Mechanical and Industrial Engineering

Hamad bin Khalifa University
Hajee Mohammad Danesh Science and Technology University
University of Kent

Research output: Contribution to journal › Article › peer-review

5 Citations (Scopus)

Abstract

This paper conducts a literature review on freight transport service procurements (FTSP) and explores the application of combinatorial auctions (CAs) mechanism and the mathematical modeling approach of the associated problems. It provides an overview of modeling the problems and their solution strategies. The results demonstrate that there has been limited scholarly attention to sustainable issues, risk mitigation and the stochastic nature of parameters. Finally, several promising future directions for FTSP research have been proposed, including FTSP for green orientation in the context of carbon reduction, shipper's reputation, carrier collaboration for bid generation, etc.

Original language	English
Pages (from-to)	60191-60210
Number of pages	20
Journal	IEEE Access
Volume	11
DOIs	https://doi.org/10.1109/ACCESS.2023.3284310
Publication status	Published - 2023

Keywords

FTSP problems
Literature review
combinatorial auction
logistics and supply chain management
mathematical modeling

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10.1109/ACCESS.2023.3284310

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title = "Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review",

abstract = "This paper conducts a literature review on freight transport service procurements (FTSP) and explores the application of combinatorial auctions (CAs) mechanism and the mathematical modeling approach of the associated problems. It provides an overview of modeling the problems and their solution strategies. The results demonstrate that there has been limited scholarly attention to sustainable issues, risk mitigation and the stochastic nature of parameters. Finally, several promising future directions for FTSP research have been proposed, including FTSP for green orientation in the context of carbon reduction, shipper's reputation, carrier collaboration for bid generation, etc.",

keywords = "FTSP problems, Literature review, combinatorial auction, logistics and supply chain management, mathematical modeling",

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year = "2023",

doi = "10.1109/ACCESS.2023.3284310",

language = "English",

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AU - Hasan, Md Rakibul

AU - Elomri, Adel

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PY - 2023

Y1 - 2023

N2 - This paper conducts a literature review on freight transport service procurements (FTSP) and explores the application of combinatorial auctions (CAs) mechanism and the mathematical modeling approach of the associated problems. It provides an overview of modeling the problems and their solution strategies. The results demonstrate that there has been limited scholarly attention to sustainable issues, risk mitigation and the stochastic nature of parameters. Finally, several promising future directions for FTSP research have been proposed, including FTSP for green orientation in the context of carbon reduction, shipper's reputation, carrier collaboration for bid generation, etc.

AB - This paper conducts a literature review on freight transport service procurements (FTSP) and explores the application of combinatorial auctions (CAs) mechanism and the mathematical modeling approach of the associated problems. It provides an overview of modeling the problems and their solution strategies. The results demonstrate that there has been limited scholarly attention to sustainable issues, risk mitigation and the stochastic nature of parameters. Finally, several promising future directions for FTSP research have been proposed, including FTSP for green orientation in the context of carbon reduction, shipper's reputation, carrier collaboration for bid generation, etc.

KW - FTSP problems

KW - Literature review

KW - combinatorial auction

KW - logistics and supply chain management

KW - mathematical modeling

UR - https://www.scopus.com/pages/publications/85162688983

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SP - 60191

EP - 60210

JO - IEEE Access

JF - IEEE Access

ER -

Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review

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Keywords

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