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

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 strat...

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Main Authors: Md. Rakibul Hasan, Adel Elomri, Chefi Triki
Format: Article
Language:English
Published: IEEE 2023-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/10146259/
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author Md. Rakibul Hasan
Adel Elomri
Chefi Triki
author_facet Md. Rakibul Hasan
Adel Elomri
Chefi Triki
author_sort Md. Rakibul Hasan
collection DOAJ
description 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.
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spelling doaj.art-8ee7772ad36a49798645b1370545f5da2023-06-21T23:00:23ZengIEEEIEEE Access2169-35362023-01-0111601916021010.1109/ACCESS.2023.328431010146259Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented ReviewMd. Rakibul Hasan0https://orcid.org/0000-0001-6674-8343Adel Elomri1https://orcid.org/0000-0003-1605-9800Chefi Triki2https://orcid.org/0000-0002-8750-2470Division of Engineering Management and Decision Sciences, College of Science and Engineering, Hamad Bin Khalifa University, Doha, QatarDivision of Engineering Management and Decision Sciences, College of Science and Engineering, Hamad Bin Khalifa University, Doha, QatarKent Business School, University of Kent, Canterbury, U.K.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.https://ieeexplore.ieee.org/document/10146259/Literature reviewcombinatorial auctionFTSP problemsmathematical modelinglogistics and supply chain management
spellingShingle Md. Rakibul Hasan
Adel Elomri
Chefi Triki
Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review
IEEE Access
Literature review
combinatorial auction
FTSP problems
mathematical modeling
logistics and supply chain management
title Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review
title_full Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review
title_fullStr Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review
title_full_unstemmed Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review
title_short Combinatorial-Based Auction for the Transportation Procurement: An Optimization-Oriented Review
title_sort combinatorial based auction for the transportation procurement an optimization oriented review
topic Literature review
combinatorial auction
FTSP problems
mathematical modeling
logistics and supply chain management
url https://ieeexplore.ieee.org/document/10146259/
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AT adelelomri combinatorialbasedauctionforthetransportationprocurementanoptimizationorientedreview
AT chefitriki combinatorialbasedauctionforthetransportationprocurementanoptimizationorientedreview