Potential supply chain cost savings from innovative cold bitumen handling

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dc.contributor.authorWunder, M.
dc.contributor.authorHiete, M.
dc.contributor.authorStengel, J.
dc.contributor.authorSchultmann, F.
dc.contributor.authorSimmleit, N.
dc.date.issued2012
dc.description.abstractTo compensate for seasonal price variations of bitumen for road asphalt, in addition to the usual approaches of forward-contracts and hot bitumen storage, innovative techniques for cold bitumen storage have emerged. As a case study, hot bitumen storage and additional integration of cold bitumen storage in the bitumen supply chain of the second largest asphalt producer in Germany are economically assessed. Hot and cold bitumen storage combined allows overall costs to be reduced by almost 5%. Therefore, storage capacities should be increased. Cold bitumen handling may complement hot storage as it is to some extent already economically attractive, with further cost reductions expected in the future.
dc.description.statementofresponsibilityM. Wunder, M. Hiete, J. Stengel, F. Schultmann and N. Simmleit
dc.identifier.citationInternational Journal of Logistics: Research and Applications, 2012; 15(5):337-350
dc.identifier.doi10.1080/13675567.2012.742044
dc.identifier.issn1367-5567
dc.identifier.issn1469-848X
dc.identifier.orcidSchultmann, F. [0000-0001-6405-9763]
dc.identifier.urihttp://hdl.handle.net/2440/96259
dc.language.isoen
dc.publisherTaylor & Francis
dc.rights© 2012 Taylor & Francis
dc.source.urihttps://doi.org/10.1080/13675567.2012.742044
dc.subjectsupply chain management
dc.subjectcold bitumen handling
dc.subjectstorage
dc.subjectasphalt
dc.subjectmixed integer linear programming model
dc.titlePotential supply chain cost savings from innovative cold bitumen handling
dc.typeJournal article
pubs.publication-statusPublished

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