Case Study

Business researchers use @RISK to pinpoint impact of ocean carrier ships’ speed and reliability

Business researchers use @RISK to pinpoint impact of ocean carrier ships’ speed and reliability

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Customers & Industries: Ohio State University, Pennsylvania State University Industry: Shipping, Academic Product(s): @RISK Application: Supply Chains Summary In 2009, researchers at the business schools of Ohio State University and Pennsylvania State University used @RISK to conduct an analysis of ocean carrier ships’ transit time to see how that variable can aect supply chain costs. † They found that ocean transit time and transit-time reliability have substantial inuence on the overall door-to-door process time and reliability—even when relatively long delays and high variability occur in landside segments. @RISK Background A decade ago, relatively little was known about the impact of containership transit time on door-to- door logistics costs. Dr. John Tyworth, professor of supply ch

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