IDEAS home Printed from https://ideas.repec.org/a/osi/bulimm/v18y2018p125-134.html
   My bibliography  Save this article

Metrics Of Logistics Costs In Slovenian Companies

Author

Listed:
  • Marjan Sternad

    (University of Maribor, Faculty of logistics in Celje)

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.

Suggested Citation

  • Marjan Sternad, 2018. "Metrics Of Logistics Costs In Slovenian Companies," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 18, pages 125-134.
    • Handle: RePEc:osi:bulimm:v:18:y:2018:p:125-134
    as

    Download full text from publisher

    File URL: http://www.efos.unios.hr/repec/osi/bulimm/PDF/BusinessLogisticsinModernManagement18/blimm1808.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Baykasoglu, Adil & Kaplanoglu, Vahit, 2008. "Application of activity-based costing to a land transportation company: A case study," International Journal of Production Economics, Elsevier, vol. 116(2), pages 308-324, December.
    2. Karri Rantasila & Lauri Ojala, 2012. "Measurement of National-Level Logistics Costs and Performance," International Transport Forum Discussion Papers 2012/4, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zakariah, Sahidah & Pyeman, Jaafar, 2013. "Current State and Issues of Logistics Cost Accounting and Management in Malaysia," MPRA Paper 46605, University Library of Munich, Germany.
    2. Domenico Raucci & Dominique Lepore, 2020. "A Simplified Activity-Based Costing Approach for SMEs: The Case Study of an Italian Small Road Company," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 198-214.
    3. Wong, Christina W.Y. & Lai, Kee-hung & Ngai, E.W.T., 2009. "The role of supplier operational adaptation on the performance of IT-enabled transport logistics under environmental uncertainty," International Journal of Production Economics, Elsevier, vol. 122(1), pages 47-55, November.
    4. Askarany, Davood & Yazdifar, Hassan, 2012. "An investigation into the mixed reported adoption rates for ABC: Evidence from Australia, New Zealand and the UK," International Journal of Production Economics, Elsevier, vol. 135(1), pages 430-439.
    5. Beata Œlusarczyk & Sebastian Kot, 2013. "Logistics Costs Identification In Sme In Poland," Advanced Logistic systems, University of Miskolc, Department of Material Handling and Logistics, vol. 7(1), pages 91-96, December.
    6. Vladimir Jakovljevic & Mališa Zizovic & Dragan Pamucar & Željko Stević & Miloljub Albijanic, 2021. "Evaluation of Human Resources in Transportation Companies Using Multi-Criteria Model for Ranking Alternatives by Defining Relations between Ideal and Anti-Ideal Alternative (RADERIA)," Mathematics, MDPI, vol. 9(9), pages 1-25, April.
    7. Tianming Gao & Vasilii Erokhin & Aleksandr Arskiy, 2019. "Dynamic Optimization of Fuel and Logistics Costs as a Tool in Pursuing Economic Sustainability of a Farm," Sustainability, MDPI, vol. 11(19), pages 1-16, October.
    8. Martha Ríos Manríquez & Clara I. Muñoz Colomina & M. Lourdes Rodríguez Vilariño Pastor, 2014. "Is the activity based costing system a viable instrument for small and medium enterprises? The case of Mexico," Estudios Gerenciales, Universidad Icesi, July.
    9. Engblom, Janne & Solakivi, Tomi & Töyli, Juuso & Ojala, Lauri, 2012. "Multiple-method analysis of logistics costs," International Journal of Production Economics, Elsevier, vol. 137(1), pages 29-35.
    10. Wouters, Marc & Stecher, Julia, 2017. "Development of real-time product cost measurement: A case study in a medium-sized manufacturing company," International Journal of Production Economics, Elsevier, vol. 183(PA), pages 235-244.
    11. -, 2013. "Perspectivas económicas de América Latina 2014: logística y competitividad para el desarrollo," Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1504 edited by Ocde, July.
    12. Askarany, Davood & Yazdifar, Hassan & Askary, Saeed, 2010. "Supply chain management, activity-based costing and organisational factors," International Journal of Production Economics, Elsevier, vol. 127(2), pages 238-248, October.
    13. Pimnapa Pongsayaporn & Thanwadee Chinda, 2022. "Long-Term Strategies for Multimodal Transportation of Block Rubber in Thailand," Sustainability, MDPI, vol. 14(22), pages 1-20, November.
    14. Chou, Jui-Sheng & Tai, Yian & Chang, Lian-Ji, 2010. "Predicting the development cost of TFT-LCD manufacturing equipment with artificial intelligence models," International Journal of Production Economics, Elsevier, vol. 128(1), pages 339-350, November.
    15. Mareï, Nora & Savy, Michel, 2021. "Global South countries: The dark side of city logistics. Dualisation vs Bipolarisation," Transport Policy, Elsevier, vol. 100(C), pages 150-160.
    16. Dilay Çelebi, 2019. "The role of logistics performance in promoting trade," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 21(3), pages 307-323, September.
    17. Pohit, Sanjib & Gupta, Devendra & Malik, Sameer & Pratap, Devender, 2019. "Survey of literature on Measuring Logistics cost: A Developing Country’s Perspective," MPRA Paper 94607, University Library of Munich, Germany.
    18. Verny, Jerome & Grigentin, Christophe, 2009. "Container shipping on the Northern Sea Route," International Journal of Production Economics, Elsevier, vol. 122(1), pages 107-117, November.
    19. Sugeng Santoso & R. Nurhidayat & Gustofan Mahmud & Abdul Mujib Arijuddin, 2021. "Measuring the Total Logistics Costs at the Macro Level: A Study of Indonesia," Logistics, MDPI, vol. 5(4), pages 1-19, October.
    20. Gong, Yeming & Liu, Jiawen & Zhu, Joe, 2019. "When to increase firms’ sustainable operations for efficiency? A data envelopment analysis in the retailing industry," European Journal of Operational Research, Elsevier, vol. 277(3), pages 1010-1026.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osi:bulimm:v:18:y:2018:p:125-134. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Davor Dujak,PhD (email available below). General contact details of provider: https://edirc.repec.org/data/efosihr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.