The policies of transportation aim to ensure a process that offers positive outcomes for both the organization, customers, and retailers that use it. Frequently, both problems caused by policies and external challenges that policies are unable to address in the sphere of transportation cause serious disruptions in the economic components of these products.
In the first paper, the optimization of production, inventory, transportation, and pricing policies are examined in a joint fashion (Dehghanbaghi & Sajadieh, 2017). The demands of products are directly dependent on their own price as well as the complementary product price, which is additionally controlled by transportation policy. Using a mathematical model, the study analyzes the problem in both centralized and decentralized supply chains. Through this, the results dictate that the profit of a centralized supply chain has more stability than the decentralized supply chain in a situation in which policy change can be experienced.
The second study analyses the disruption within the supply chain of transportation of products and the effect of the policies that are currently implemented (Ivanov, 2019). The disruption can be categorized as the severe challenges faced in the field of production and distribution networks, primarily through the transportation of goods. The real-case study of the research has found a number of factors that are affected by the policies. First, disruption-driven changes or issues may result in backlog and delays in order deliveries. Such an accumulation can result in what is referred to as a ‘disruption tail’. Second, the transition from the policy that is currently in effect towards a revival policy that is formed to directly dismantle the disruption can mitigate certain negative outcomes and restore normal operations.
The third study focuses on transportation policy and changes on a local level, which can affect economic wellbeing and opportunity (Turner, 2019). First, the current utilization of both policy and infrastructure of highway and transit transportation is analyzed. Second, the responses to changes in policy and infrastructure of transportation are surveyed. Third, the paper determines the effect of investments in highway and public transportation on organizations, locations, economic activity, employment rates, and opportunities for people in lower socio-economic brackets. The current research into transportation policies facing economic challenges and disbalance due to external forces are lacking in quantitative data and analysis which can lead to universal revival policies and other systems that can restore favorable standards in transportation, which I hope to delve into in my own research.
References
Dehghanbaghi, N., & Sajadieh, M. S. (2017). Joint optimization of production, transportation, and pricing policies of complementary products in a supply chain. Computers & Industrial Engineering, 107(1), 150-157. Web.
Ivanov, D. (2019). Disruption tails and revival policies: A simulation analysis of supply chain design and production-ordering systems in the recovery and post-disruption periods. Computers & Industrial Engineering, 127(1), 558-570. Web.
Turner, M. A. (2019). Local transportation policy and economic opportunity. The Hamilton Project. Web.