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The Importance Of Integrated Logistics

Author

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  • Robert Chira

    ()

  • Adina Musetescu

    ()

Abstract

Knowing the logistics key elements is not enough, but also making sure that they are functioning as a single whole. The integrated administration of the material resources is a superior level that involves a high potential of integrating key functions associated to this process. The following management styles are used: Direct product profitability DDP, Materials requirement planning MRP, Just in time JIT. In the context of globalization, logistics may become, especially for the multinational companies, an important competitive advantage.

Suggested Citation

  • Robert Chira & Adina Musetescu, 2017. "The Importance Of Integrated Logistics," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 9(2), pages 72-79, June.
  • Handle: RePEc:khe:journl:v:9:y:2017:i:2:p:72-79
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    References listed on IDEAS

    as
    1. Fangruo Chen, 1999. "Decentralized Supply Chains Subject to Information Delays," Management Science, INFORMS, vol. 45(8), pages 1076-1090, August.
    2. Jonsson, Patrik, 2008. "Exploring problems related to the materials planning user environment," International Journal of Production Economics, Elsevier, vol. 113(1), pages 383-400, May.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    total logistics; lean production model; return on investment (ROI); competitive advantage;

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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