To develop a prescriptive model that provides effective guidance in the early stages of outsourcing processes, while taking into the decisionmakers’ bounded rationality.
To investigate the status of third party logistics (3PL) in Mexico and the feasibility of 3PL as a global, uniform strategy.
One of the most important decisions regarding reverse logistics (RL) is whether to outsource such functions or not, due to the fact that RL does not represent a production or distribution firm’s core activity. To explore the hypothesis that outsourcing RL functions is more suitable when returns are more variable, we formulate and analyse a Markov decision model of the outsourcing decision. Th…