Performing industrial logistic system a chance to create company competence
Journal Title: Proceedings in Manufacturing Systems - Year 2018, Vol 13, Issue 3
Abstract
Logistics recognized as a scientific and practice activity bringing competitive advantage gains new valences nowadays. It is known that each company wants to obtain products / services at the lowest possible cost without affecting their quality. Logistics becomes an instrument in achieving these goals and at the same time enables the promotion of customer-supplier relationships. Logistic attributes such as time, quality and cost of the logistics system should focus on adapting them to the needs and expectations of customers. Starting from the need to add value to the customer without significantly increasing costs, logistics activities need to be integrated with other functions such as marketing, sales, manufacturing, finance, information technology, etc. If not long ago the logistics-specific activities were grouped together with other activities, the literature now insists on their strategic importance. The paper aims to highlight several ways to reduce the costs and achieve competitive advantage that depend on efficient and effective managing, so excellence logistic activities.The excellence of logistics activities is reflected in the price of the finished product, which can affect up to 85%, depending on the industry. The paper highlights how an efficient logistics system leads to the growth of turnover and profits of companies with concerns in this respect.
Authors and Affiliations
Elena SIMA
Keywords
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