Logistic cost optimization in the food industry of small countries

Direct Link:
Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
Logistic cost optimization in the food industry of small countries
In the Journal:
Vadyba [Journal of management]. 2015, Nr. 1 (26), p. 61-66
Summary / Abstract:

LTReikšminiai žodžiai: Klasteriai; Klasteris; Konkurencinis pranašumas; Logistika; Maisto pramonė; Pervežimo išlaidų optimizavimas; Tiekimo grandinės valdymas; Clusters; Competitive advantage; Food industry; Logistics; Optimization of transportation costs; Supply chain management.

ENThis research is aimed to determined and conduct a logistic cost optimization algorithm in the small markets food industry. The authors conducted a survey and indicated that in a small market food industry the main influence to the transportation cost is partial cargo transportation. Regarding this finding the authors offers a cost optimization algorithm using clustering processes. It was concluded that the usage of clusters can dramatically reduce cost and the optimization level is even higher in a small market. [From the publication]

ISSN:
1648-7974
Related Publications:
Warehouses consolidation in the logistic clusters: food industry's case / V. Navickas, S. Baskutis, V. Gruzauskas, A. Kabasinskas. Polish journal of management studies. 2016, vol. 14, iss. 1, p. 174-182.
Permalink:
https://www.lituanistika.lt/content/58729
Updated:
2018-12-17 14:00:47
Metrics:
Views: 27    Downloads: 21
Export: