Research On The Scale Economies Of The Third-party Logistics In China

In the 21st century, third-party logistics market is becoming more competitive in china , and foreign multinational logistics enterprises which with the help of the advantages of their strong capital, skilled logistics operation means, advanced logistics management will give the logistics enterprises in China a great impact. Chinese third-party logistics should be fully prepared and be quickly promoted towards large-scale road in order to compete with foreign multinational logistics enterprises, get the advantage of market opportunity, avoid making the same mistakes of the foreign multinational logistics enterprises monopolizing Chinese market by ways of mergers and acquisitions (M&A), strategic alliance and so on. M&A and strategic alliance are the most effective short-cuts to expand the scale of the enterprises, though they have different strengths and weaknesses, and have a high failure rate. So the study of the economies of scale of the third-party logistics current situation and the choice of M&A and strategic alliance in the decision-making has a great realistic significance.Based on the third-party logistics economies of scale theory, this thesis makes the use of the measurement methods of the cost of function of the scale of economies and structuries translog cost function model in order to empirical study the Chinese third-party logistics. This study carries out whether existes the scale of economies and how extends of the third-party logistics in order to provide a basis to guide the practice for third-party logistics in China.Finally, the economies scale of M&A and strategic alliance is studied. The strategic environment is comprehensive analysed by means of SWOT analysis method, and the impact of the choice between M&A and strategic alliance is researched by using of game theory analysis in the given circumstances of the market environment. Based on them, this thesis focus on the dynamic analysis of the evolution of M&A and strategic alliance with each other, and the practicable way that adopting down-sizing M&A to establish alliance between main and auxiliary business is available reform strategy to huge diversification state-owned firm of our country is further proved. The study of thesis has a guiding role of the third-party logistics for the construction and development.