IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v10y2018i8p2782-d162212.html
   My bibliography  Save this article

Integrating the Additive Seasonal Model and Super-SBM Model to Compute the Efficiency of Port Logistics Companies in Vietnam

Author

Listed:
  • Chia-Nan Wang

    (Department of Industrial Engineering and Management, National Kaohsiung University of Science and Technology, Kaohsiung 80778, Taiwan
    Department of Industrial Engineering and Management, Fortune Institute of Technology, Kaohsiung 83160, Taiwan)

  • Jen-Der Day

    (Department of Industrial Engineering and Management, National Kaohsiung University of Science and Technology, Kaohsiung 80778, Taiwan)

  • Nguyen Thi Kim Lien

    (Department of Industrial Engineering and Management, National Kaohsiung University of Science and Technology, Kaohsiung 80778, Taiwan)

  • Luu Quoc Chien

    (Department of Industrial Engineering and Management, National Kaohsiung University of Science and Technology, Kaohsiung 80778, Taiwan)

Abstract

The growing trade process is pushing the importing and exporting ratio of products at ports in Vietnam. The total amount of goods is determined by analyzing the effectiveness of products that are delivered at ports. Thus, this research presents a whole performance picture of the port logistics operation process at two airports and six seaport logistics companies in Vietnam to describe exchanging products by utilizing additive trend methods to formulate the efficiency and rank them from previous periods to future terms. Based on the prediction analysis, the best accuracy result is calculated by the additive Holt Winters method when the mean absolute percentage error (MAPE) indicators remain at the standard level, and its average qualification is also the lowest. Combining the actual and prediction values, the ranking of all ports accordingly by year during the past, current, and future time periods from 2011–2022 is obtained after calculating the final efficiency via the super-SBM model. The empirical result of the current and estimated efficiency denotes that Da Nang port logistics is always selected as the best port logistics company and maintained the first ranking with consistently high scores on the basis of the performance qualification. The empirical analysis result proposes the status quo of port logistics companies in Vietnam from the past to future to describe the amount of exchanging goods.

Suggested Citation

  • Chia-Nan Wang & Jen-Der Day & Nguyen Thi Kim Lien & Luu Quoc Chien, 2018. "Integrating the Additive Seasonal Model and Super-SBM Model to Compute the Efficiency of Port Logistics Companies in Vietnam," Sustainability, MDPI, vol. 10(8), pages 1-17, August.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:8:p:2782-:d:162212
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/10/8/2782/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/10/8/2782/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Archibald, Blyth C., 1990. "Parameter space of the Holt-winters' model," International Journal of Forecasting, Elsevier, vol. 6(2), pages 199-209, July.
    2. Per Andersen & Niels Christian Petersen, 1993. "A Procedure for Ranking Efficient Units in Data Envelopment Analysis," Management Science, INFORMS, vol. 39(10), pages 1261-1264, October.
    3. Grace Wang & Chen Gao, 2012. "Technical Efficiency and Port Competition: Revisiting the Bohai Economic Rim, China," JRFM, MDPI, vol. 5(1), pages 1-16, December.
    4. Dalwon Kang & Sihyun Kim, 2017. "Conceptual Model Development of Sustainability Practices: The Case of Port Operations for Collaboration and Governance," Sustainability, MDPI, vol. 9(12), pages 1-15, December.
    5. Bartolomei, Sonia M. & Sweet, Arnold L., 1989. "A note on a comparison of exponential smoothing methods for forecasting seasonal series," International Journal of Forecasting, Elsevier, vol. 5(1), pages 111-116.
    6. Tone, Kaoru, 2002. "A slacks-based measure of super-efficiency in data envelopment analysis," European Journal of Operational Research, Elsevier, vol. 143(1), pages 32-41, November.
    7. Charnes, A. & Cooper, W. W. & Golany, B. & Seiford, L. & Stutz, J., 1985. "Foundations of data envelopment analysis for Pareto-Koopmans efficient empirical production functions," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 91-107.
    8. Luisa Martí & Juan Carlos Martín & Rosa Puertas, 2017. "A DEA-logistics performance index," Journal of Applied Economics, Universidad del CEMA, vol. 20, pages 169-192, May.
    9. Sarah Gelper & Roland Fried & Christophe Croux, 2010. "Robust forecasting with exponential and Holt-Winters smoothing," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 29(3), pages 285-300.
    10. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    11. Fare, Rolf & Knox Lovell, C. A., 1978. "Measuring the technical efficiency of production," Journal of Economic Theory, Elsevier, vol. 19(1), pages 150-162, October.
    12. Fang, Hsin-Hsiung & Lee, Hsuan-Shih & Hwang, Shiuh-Nan & Chung, Cheng-Chi, 2013. "A slacks-based measure of super-efficiency in data envelopment analysis: An alternative approach," Omega, Elsevier, vol. 41(4), pages 731-734.
    13. Tone, Kaoru, 2001. "A slacks-based measure of efficiency in data envelopment analysis," European Journal of Operational Research, Elsevier, vol. 130(3), pages 498-509, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Guo-Ya Gan & Hsuan-Shih Lee & Yu-Jwo Tao & Chang-Shu Tu, 2021. "Selecting Suitable, Green Port Crane Equipment for International Commercial Ports," Sustainability, MDPI, vol. 13(12), pages 1-19, June.
    2. Thi Kim Lien Nguyen & Thi Lan Huong Nguyen & Tri Long Ngo & Bang An Hoang & Hong Huyen Le & Thi Thanh Hong Tran, 2023. "An Integrated Approach of Fuzzy Analytic Hierarchy Process and Super Slack-Based Measure for the Logistics Industry in Vietnam," Sustainability, MDPI, vol. 15(16), pages 1-18, August.
    3. Xiaohong Jiang & Jianxiao Ma & Huizhe Zhu & Xiucheng Guo & Zhaoguo Huang, 2020. "Evaluating the Carbon Emissions Efficiency of the Logistics Industry Based on a Super-SBM Model and the Malmquist Index from a Strong Transportation Strategy Perspective in China," IJERPH, MDPI, vol. 17(22), pages 1-19, November.
    4. Yongrong Xin & Kengcheng Zheng & Yujiao Zhou & Yangyang Han & P. R. Tadikamalla & Qin Fan, 2022. "Logistics Efficiency under Carbon Constraints Based on a Super SBM Model with Undesirable Output: Empirical Evidence from China’s Logistics Industry," Sustainability, MDPI, vol. 14(9), pages 1-24, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vicente J. Bolós & Rafael Benítez & Vicente Coll-Serrano, 2023. "Continuous models combining slacks-based measures of efficiency and super-efficiency," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 31(2), pages 363-391, June.
    2. Yung-ho Chiu & Chin-wei Huang & Chung-te Ting, 2012. "A non-radial measure of different systems for Taiwanese tourist hotels’ efficiency assessment," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 20(1), pages 45-63, March.
    3. Guo, I-Lung & Lee, Hsuan-Shih & Lee, Dan, 2017. "An integrated model for slack-based measure of super-efficiency in additive DEA," Omega, Elsevier, vol. 67(C), pages 160-167.
    4. Tran, Trung Hieu & Mao, Yong & Nathanail, Paul & Siebers, Peer-Olaf & Robinson, Darren, 2019. "Integrating slacks-based measure of efficiency and super-efficiency in data envelopment analysis," Omega, Elsevier, vol. 85(C), pages 156-165.
    5. Rashidi, Kamran & Cullinane, Kevin, 2019. "Evaluating the sustainability of national logistics performance using Data Envelopment Analysis," Transport Policy, Elsevier, vol. 74(C), pages 35-46.
    6. Rafael Benítez & Vicente Coll-Serrano & Vicente J. Bolós, 2021. "deaR-Shiny: An Interactive Web App for Data Envelopment Analysis," Sustainability, MDPI, vol. 13(12), pages 1-19, June.
    7. Mushtaq Taleb & Ruzelan Khalid & Ali Emrouznejad & Razamin Ramli, 2023. "Environmental efficiency under weak disposability: an improved super efficiency data envelopment analysis model with application for assessment of port operations considering NetZero," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(7), pages 6627-6656, July.
    8. Tone, Kaoru & Toloo, Mehdi & Izadikhah, Mohammad, 2020. "A modified slacks-based measure of efficiency in data envelopment analysis," European Journal of Operational Research, Elsevier, vol. 287(2), pages 560-571.
    9. Javad Gerami & Mohammad Reza Mozaffari & P. F. Wanke & Henrique Correa, 2022. "A novel slacks-based model for efficiency and super-efficiency in DEA-R," Operational Research, Springer, vol. 22(4), pages 3373-3410, September.
    10. Shih-Heng Yu & Chia-Wei Hsu, 2020. "A unified extension of super-efficiency in additive data envelopment analysis with integer-valued inputs and outputs: an application to a municipal bus system," Annals of Operations Research, Springer, vol. 287(1), pages 515-535, April.
    11. Nocera Alves Junior, Paulo & Costa Melo, Isotilia & de Moraes Santos, Rodrigo & da Rocha, Fernando Vinícius & Caixeta-Filho, José Vicente, 2022. "How did COVID-19 affect green-fuel supply chain? - A performance analysis of Brazilian ethanol sector," Research in Transportation Economics, Elsevier, vol. 93(C).
    12. Chen, Chien-Ming, 2013. "Super efficiencies or super inefficiencies? Insights from a joint computation model for slacks-based measures in DEA," European Journal of Operational Research, Elsevier, vol. 226(2), pages 258-267.
    13. Ya Chen & Yongjun Li & Liang Liang & Huaqing Wu, 2019. "An extension on super slacks-based measure DEA approach," Annals of Operations Research, Springer, vol. 278(1), pages 101-121, July.
    14. Guo-Ya Gan & Hsuan-Shih Lee & Yu-Jwo Tao & Chang-Shu Tu, 2021. "Selecting Suitable, Green Port Crane Equipment for International Commercial Ports," Sustainability, MDPI, vol. 13(12), pages 1-19, June.
    15. Victoria Wojcik & Harald Dyckhoff & Marcel Clermont, 2019. "Is data envelopment analysis a suitable tool for performance measurement and benchmarking in non-production contexts?," Business Research, Springer;German Academic Association for Business Research, vol. 12(2), pages 559-595, December.
    16. Mai, Nhat Chi, 2015. "Efficiency of the banking system in Vietnam under financial liberalization," OSF Preprints qsf6d, Center for Open Science.
    17. Rezaeiani, M.J. & Foroughi, A.A., 2018. "Ranking efficient decision making units in data envelopment analysis based on reference frontier share," European Journal of Operational Research, Elsevier, vol. 264(2), pages 665-674.
    18. Lee, Hsuan-Shih, 2022. "Integrating SBM model and Super-SBM model: a one-model approach," Omega, Elsevier, vol. 113(C).
    19. Cook, Wade D. & Seiford, Larry M., 2009. "Data envelopment analysis (DEA) - Thirty years on," European Journal of Operational Research, Elsevier, vol. 192(1), pages 1-17, January.
    20. Lo, Shih-Fang & Lu, Wen-Min, 2009. "An integrated performance evaluation of financial holding companies in Taiwan," European Journal of Operational Research, Elsevier, vol. 198(1), pages 341-350, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:10:y:2018:i:8:p:2782-:d:162212. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.