METRICS OF LOGISTICS COSTS IN SLOVENIAN COMPANIES
Marjan Sternad ()
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Marjan Sternad: University of Maribor, Faculty of logistics in Celje
Business Logistics in Modern Management, 2018, vol. 18, 125-134
Abstract:
Managing logistics costs become more and more important in business operations since they represent approximately ten and fifteen percent of sales revenue. In the research, we focused on the use of metrics of logistics costs in companies. We made a descriptive analysis based on a survey, where we observed the differences between the companies according to their size. We have found that Slovene companies fairly good measuring logistics costs. Most attention is paid to transport costs and inventory carrying costs. We also found that large and medium-sized companies better measure logistics costs as others. The possibility of further research is to determine how the chosen metrics affect the profitability of companies. In order to improve the competitiveness of companies in the future, it will be necessary to improve the metric of logistics costs, which are more difficult to control, as they represent an important item in the cost structure of the company.
Keywords: logistic; logistics costs; metrics of logistics costs; companies (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:osi:bulimm:v:18:y:2018:p:125-134
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