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The Importance Of Integrated Logistics For The Company`S Succes On The Market

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  • Robert Chira

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  • Adina Musetescu

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Abstract

In our days, logistics is considerd to be an important competitive advantage. Total logistics is according importance to all logistics elements in general, mostly to the fact that they are linked between. The concept of integrated administration of material resources corresponds to the philosophy of the following models: “Business Process Reengineering” and “Lean Production”. The main advantages offered by lean production are: high productivity, low costs and short time and also improved quality. Any economic activity is profit orientated. Logistics can contribute to increasing financial performance of the company.

Suggested Citation

  • Robert Chira & Adina Musetescu, 2017. "The Importance Of Integrated Logistics For The Company`S Succes On The Market," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 9(1), pages 64-71, March.
  • Handle: RePEc:khe:journl:v:9:y:2017:i:1:p:64-71
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    References listed on IDEAS

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    More about this item

    Keywords

    Integrated Logistics; Profit; Management Style;
    All these keywords.

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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