THE APPLICATION OF DECISION-MAKING THEORY TO INCREASE THE EFFECTIVENESS OF PORT LOGISTICS SYSTEMS

Authors

  • Valentinas Navickas Kaunas University of Technology
  • Leila Sujeta Klaipeda University

DOI:

https://doi.org/10.5755/j01.em.17.2.2179

Keywords:

decision-making theory, logistics, port logistics systems, decision-making process, the effectiveness of logistics systems activity

Abstract

Globalization processes in world economy determine the necessity to ascertain and effectively to take competitive advantages of port logistics systems on international level. In accordance with the purpose of port logistics systems to solve management problems of optimal movements of various flows (informational, material and financial), it is necessary to manage not only physical movements of flows or suitable selection of its technological guidelines, but also it is very important to ensure a smooth decision-making process for the selection of flows movements alternatives, to increase its effectiveness in a view of the effectiveness of port logistics systems. The authors of the article analyse the opportunities to apply the decision-making theory for the increase of port logistics systems effectiveness. Through the study of decision-making process stages the importance and the necessity of the application of decision-making theory were ground in a context of the increase of port logistics systems effectiveness. The authors determined main factors, which impact the effectiveness of port logistics systems activity through decision-making theory. In this instance, main factors of the effectiveness of port logistics systems activity could be embodied through the suitable distribution of human and other related resources, its mobility and effective use, the competency of participants of port logistics systems activity, opportunities to decrease the negative impact of subjectivity and other risk factors, also variety of decisions alternatives, flexibility of decision-making process, etc. The evaluation of this complex of impact factors ensures the increase of the effectiveness of port logistics systems through the implementation of decision-making theory.

DOI: http://dx.doi.org/10.5755/j01.em.17.2.2179

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Published

2012-04-24

Issue

Section

Competitiveness of Nations in Global Economy