The Importance Of Integrated Logistics

Robert Chira () and Adina Musetescu ()

Knowledge Horizons - Economics, 2017, vol. 9, issue 2, 72-79

Abstract: Knowing the logistics key elements is not enough, but also making sure that they are functioning as a single whole. The integrated administration of the material resources is a superior level that involves a high potential of integrating key functions associated to this process. The following management styles are used: Direct product profitability DDP, Materials requirement planning MRP, Just in time JIT. In the context of globalization, logistics may become, especially for the multinational companies, an important competitive advantage.

Keywords: total logistics; lean production model; return on investment (ROI); competitive advantage (search for similar items in EconPapers)
JEL-codes: M21 (search for similar items in EconPapers)
Date: 2017
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