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Development of a Parameterizable Process-Oriented Model for Freight Cost Estimation

Published: 17 April 2020 Publication History

Abstract

Reliable estimation of costs in road freight transportation gives a decisive advantage for industrial companies both on the supplier and customer side. However, existing methods of costs estimation are complex, time-consuming and may produce inaccurate results. This paper aims to develop a parameterizable process-oriented model based on historical transport data, which allows a reliable estimation of the transport costs before transportation is carried out. The core of this model is the filter process, which enables to select respective historical data sets in the best possible way. The paper gives a comprehensive literature review of existing solutions, discusses the methods of analysis and processing of available data under the existing conditions, resulting in the development of a new model and a corresponding filter process. The proposed model allows a reliable estimation of the transport costs on the chosen route, which can be obtained in a shorter time as compared with existing methods. The process model has already been validated by the industry and continues to be applied and improved due to the growing importance of the logistics sector.

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      cover image ACM Other conferences
      ICSCA '20: Proceedings of the 2020 9th International Conference on Software and Computer Applications
      February 2020
      382 pages
      ISBN:9781450376655
      DOI:10.1145/3384544
      Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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      New York, NY, United States

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      Published: 17 April 2020

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      Author Tags

      1. Data Ware House
      2. OLAP Cube
      3. Road Freight Cost Estimation
      4. Transport Cost Calculation

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