Going Global. Focus Shipbuilding Industry in Romania
AbstractThe purpose of this article is to analyze the reasons for going global from the company perspective and to show how a good logistics management can help to obtain efficiency of operations by the integration of all material acquisition, movement, and storage activities. When transportation and inventory costs are substantial on both the input and output sides of the production process, an emphasis on logistics is appropriate. In this case location is a key factor in cutting costs with logistics and producing and selling with competitive prices. From this point of view Romania has a strategic location, Constanta port being in the heart of Europe and focusing on reducing transportation cots and helping companies develop global strategies by reducing supply chain costs. One characteristic of global companies is the pressure for production costs. This can be realized by choosing appropriate logistic locations in order to improve logistics management.
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Bibliographic InfoArticle provided by Department of International Business and Economics from the Academy of Economic Studies Bucharest in its journal Romanian Economic Journal.
Volume (Year): 12 (2009)
Issue (Month): 32 ((2))
globalisation; shipbuilding industry;
Find related papers by JEL classification:
- M16 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - International Business Administration
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
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