Feasibility analysis of a Global Logistics Hub in Panama

Feasibility analysis of a Global Logistics Hub in Panama

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Article ID: iaor20124940
Volume: 12
Issue: 3
Start Page Number: 247
End Page Number: 266
Publication Date: Jul 2012
Journal: International Journal of Logistics Systems and Management
Authors: ,
Keywords: decision theory: multiple criteria, analytic hierarchy process
Abstract:

The objective of this essay is to identify the more relevant criteria for a Global Logistic Hub (GLH) development in Panama, which main obstacle is the multi‐criteria evaluation and decision environment it is immersed in. The Analytic Hierarchy Process (AHP) was chosen because of its capacity to deal with such complex decision environment. After identification of Panamas logistic potential, the next step was surveying the development criteria within a widely group of specialists and applying the AHP technical aspects. The results reveal global strategic position, Vorland development and proximity to import/export areas as the more relevant criteria to assure a GLH development.

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