Testbed simulation modelling in an open business ecosystem context–benchmarking logistics network performance LRN2018 SI invited paper

Kari Uusitalo*, Petri Laine

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

2 Citations (Scopus)

Abstract

This article examines whether holistic systems thinking in a performance measurement context can benefit business development and managerial decision-making in innovative companies utilising a business network. A single-case study examines a logistics network entity consisting of multiple companies committed to an open business ecosystem seeking to create new business opportunities and proposes a testbed simulation tool to benchmark three distinct conceptual models. The systemic approach offers both operational and strategic benefits in supporting managerial decision-making to deliver process efficiency and generate customer value. Findings conclude that holistic business perspective governs the complexity of a logistic system via deeper qualitative investigation, while hard systems thinking captures the quantitative details of the system allowing network performance optimisation.

Original languageEnglish
Pages (from-to)181-202
Number of pages22
JournalInternational Journal of Logistics Research and Applications
Volume25
Issue number2
DOIs
Publication statusPublished - 2022
MoE publication typeA1 Journal article-refereed

Keywords

  • Logistics networks
  • management tool
  • open business ecosystem
  • performance measurement
  • simulation
  • systems thinking

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