A decision-making model for controlling logistics costs

Škerlič, Sebastjan; Muha, Robert; Logožar, Klavdij

doi:10.17559/tv-20141015121023

Cited by 8 publications

(6 citation statements)

References 25 publications

(27 reference statements)

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“…Indicator of income and profitability is an important indicator of an increase in net revenue in the logistics segment, making it easier to finance a more sustainable company policy [34].…”

Section: Indicators Of Economymentioning

confidence: 99%

Measuring Sustainable Performance among Logistic Service Providers in Supply Chains

Oršič¹,

Jereb

2019

Teh. vjesn.

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To enable an objective measurement of the progress in the operation of third-party logistics service providers in supply chains, we developed a model that shows the sustainability of the outsourced elements of a company's business. The Third-Party Logistics Green Innovative Framework (3PL GIF) is based on selected environmental, economic, and social indicators showing the objectively comparable state and progress in sustainable development between different companies in goods distribution. The model incorporates the application of quality measurement standards and a PDCA cycle system of continuous improvement into indicators. Using this model, we surveyed the success of sustainable operations between different Slovenian logistics companies according to their size, fields of operation, and positions in the supply chain. The study found that the model provides comparisons of sustainable operation for supply chain operators, logistics companies, and the entire interested public. It also enables supply chain management companies to measure, improve, and report on its performance in a sustainable field, as well as to move toward goals determined by the company with its cycle of permanent improvement. This makes it possible to objectively compare progress in sustainable development between companies.

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“…Indicator of income and profitability is an important indicator of an increase in net revenue in the logistics segment, making it easier to finance a more sustainable company policy [34].…”

Section: Indicators Of Economymentioning

confidence: 99%

Measuring Sustainable Performance among Logistic Service Providers in Supply Chains

Oršič¹,

Jereb

2019

Teh. vjesn.

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“…Therefore, the purpose of the analysis is to determine the scope of the optimisation of individual logistics models from the point of view of how individual logistics costs categories and processes are treated. Figure 5 shows the treatment of individual logistics costs by year for the period from 1985 to 2018 [6,7,31,5,12,41,4,10,15,39,21,19,33,30,17,37,1,13,2,34,23,29,24,20]. During this period, the authors developed various logistics cost models that focus mostly on handling transport costs (36%), stocks costs (36%) and warehousing costs (18%).…”

Section: Resultsmentioning

confidence: 99%

“…Figure 6 shows the individual logistics processes within the treatment of logistic models 2018 [6,7,31,5,12,41,4,10,15,39,21,19,33,30,17,37,1,13,2,34,23,29,24,20]. In the period from 1985 to 2018, the authors mainly dealt with the optimisation of the distribution process (57%), followed by the purchasing process (32%) and Figure 5 Individual logistics costs within the treatment of logistics models Source: Author internal processes (11%).…”

Section: Resultsmentioning

confidence: 99%

“…Due to the lack of knowledge of logistics costs, the interests of individual functions (sales, purchasing, manufacturing, logistics, etc.) are often emphasised, which are not always in line with the common interests of a company's business process [34]. These are the main factors that affect the level of difficulty of managing logistics costs.…”

Section: Discussionmentioning

confidence: 99%

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An Overview of the Problematic Issues in Logistics Cost Management

Muha

2019

Pomorstvo (Online)

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Logistics cost management is associated with certain specific challenges, since increasing the quality of logistics services for customers often comes with increased logistics costs. In addition, reducing the costs of one logistic component causes an increase in the costs of another logistic component, which results in higher total logistics costs. Various cost models have been developed to support the optimisation of logistics activities, which represent the main focus of research and a key practical tool for logistics management. The purpose of the study is therefore to determine whether current scientific studies are addressing the issues related to logistics cost management. The aim of the study is to determine the scope of the optimisation of individual logistics models from the point of view of how individual logistics costs categories and processes are treated. The analysis of logistics costs management issues provides an important empirical foundation for the improvement of logistic processes in supply chains and synthesises scientific literature in the field of logistics cost modelling, which represents an important framework for future empirical studies.

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“…Optimization of logistics costs permeates the strategic, tactical and operational decision making levels (Škerlič et al, 2016;Savić et al, 2019). The strategy is important for transport issues, since it enables the identification of business opportunities, provides an objective insight into business problems, provides a framework for enhancing cooperation, minimizes the negative effects of risks and threats, improves the decisionmaking process and supports more efficient resource allocation.…”

Section: Strategic Management Of Transportation Costs In Agribusinessmentioning

confidence: 99%

The impact of transportation costs on economic performances in crop production

Savić

Petrović

Vasiljević

2020

Ekonomika poljoprivrede

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Transport activity has significant implications for the other sectors' activities, including agriculture and agribusiness. Transportation costs represent a significant determinant of total operating costs, and therefore the selling price, which affects the competitiveness of products and the achieved business results. The aim of the paper is to point out the importance of respecting the financial effects of transport in the decision-making process of agribusiness management. The following methods have been used in the research: desk research, survey, direct costing method of calculation, sensitivity analysis and methods of descriptive statistics. Based on survey data conducted on farm of Central Serbia for the period 2016-2018, the paper analyzes the interdependence of transportation costs and gross margins in order to find out the factors that determine the decisions on production optimization as well as the business results of farm operations.

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A decision-making model for controlling logistics costs

Cited by 8 publications

References 25 publications

Measuring Sustainable Performance among Logistic Service Providers in Supply Chains

Measuring Sustainable Performance among Logistic Service Providers in Supply Chains

An Overview of the Problematic Issues in Logistics Cost Management

The impact of transportation costs on economic performances in crop production

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