POSSIBILITIES TO OPTIMIZE THE LOGISTICS CHAIN IN THE MANUFACTURING PLANT
Journal Title: Polish Journal of Management Studies - Year 2015, Vol 12, Issue 2
Abstract
The market economy is, among other, characterized by the fact that businesses are able to respond promptly to market demands - customers. In practice, this means that the customer wants to have the goods at the location at a specific time and provided in adequate quality and price, which is determined by the market supply and demand. One of the options to increase business efficiency and competitiveness in general is to reduce production costs or the total cost. Logistics costs (in literature also referred to as "total costs") represent a very high proportion of these costs. They are part of the total cost, which greatly affect management of the company. The paper outlines the possibility of how these costs can be reduced, based on an analysis and using rationalization approach to the current state of the organization and its management, without requiring significant costs of implementing certain measures.<br/><br/>
Authors and Affiliations
Igor Liberko, Lucia Bednárová, Zuzana Hajduova, Jana Chovancova
Keywords
Related Articles
- EP ID EP270185
- DOI -
- Views 51
- Downloads 0
OUTSOURCING IN CONTIDIONS OF SMEs – THE POTENTIAL FOR COST SAVINGS
Many enterprises face the issue with increasing own overhead cost and take an effort to reduce it, what is a base for using of outsourcing principles. Outsourcing is primarily used as a strategic tool for corporate resou...
Effective Communication in Organisations Increases their Competitiveness
The speed of changes, determining business environment, is increasing rapidly with the emerging Fourth Industrial Revolution. If Slovak organisations aspire to maintain competitiveness, they will need to keep pace with t...
THE COMPETITIVE ADVANTAGES AND INTERNATIONALIZATION OF EMERGING ECONOMY BUSINESS GROUPS
The existing literature on the competitiveness of emerging economy firms does not fully distinguish the different types of firm-specific advantages that influence the firm’s internationalization decisions. This paper add...
THE EFFECTIVENESS OF CRISIS MANAGEMENT’S LOGISTICS SUPPORT IN LOCAL GOVERNMENTS
Crisis management is a very important part of public safety. Its history has been changing over the last ten years, starting from the political changes, through various changes of its structural services, to the challeng...
THE RIGHT CHOICE DECISION TO CONTINUE EDUCATION AT THE HIGH SCHOOL - CHOOSING THE RIGHT SCHOOL
Demanding that the contemporary labor market and expectations of young people starting their careers, the difficulty in determining the future of professional and increased responsibility for their own future have led to...