Research on Flexibility Value of Enterprise's Logistics Capability in Decentralized Supply Chain

Abstract

Flexibility value of enterprise's logistics capability is one of the key factors which influence the quick response to customers in decentralized supply chain.This article analyzed the characteristics of enterprise's logistics capability in decentralized supply chain,defined the flexibility of enterprise's logistics capability and its value,and analyzed the way of calculating the uncertain investment benefits.Then we constructed the model of flexibility value of enterprise's logistics capability based on multistage stochastic mix integer programming and real option through investment.The surpassing sample technology of Latin super cube and Monte Carlo were put forward to solve this problem.This model solved the problem that anomalous value calculation of logistics capability investment was ignored by traditional finance method.Finally a case explained that this model was effective on calculating flexibility value of enterprise's logistics capability.