Logistics cost management: insights on tools and operations

Santos, Tálita Floriano dos; Gonçalves, Anderson Tiago Peixoto; Leite, Maria Silene Alexandre

doi:10.1504/ijlsm.2016.073967

Cited by 2 publications

(1 citation statement)

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“…Many factors can influence logistics cost, so it is essential to specify which are the most sensitive components on this issue, to utilize control and analytical measures. Logistics cost management have engage the attention of companies and also appeared as a focal point in academia recently (Santos et al, 2016 ).…”

Section: Introductionmentioning

confidence: 99%

RETRACTED ARTICLE: A mathematical model to investigate the interactive effects of important economic factors on the behaviors of retailers

Khakbaz

Tirkolaee

2022

Ann Oper Res

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Cost management is a key step to the success of any logistics system and supply chain management. Inventory costs are an important part of logistics costs which are highly affected by economic factors such as demand growth rate (DGR), interest rate ( ), and inflation rate ( ). Analyzing the interactive effects of these economic factors plays a key role in preventing failures of logistics systems This study aims to develop a novel mathematical model and investigate the interactive effects of these factors on the behavior of retailers in Iran. To the best of our knowledge, this is the first time that the sale price is defined as a function of time and inflation rate where the demand rate is built up with a linear function of time. Different scenarios and sub-scenarios are then taken into consideration based on different combinations of factors and assumptions. As the main findings of the study, it is revealed that if or , holding costs are much higher than buying costs, and retailers are reluctant to invest in inventories. Given that DGR is independent of the inflation rate, and also if or , then DGR fluctuations have no impact on the total cost. Hence, in this case, buying costs are much higher than holding costs, and retailers are eager to invest in inventories instead of bank deposits. Furthermore, it is concluded that decision-makers can use the interest rate as leverage to set the probability of shortages and hoardings. Finally, some useful future research directions are discussed based on the main limitations of the study.

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Section: Introductionmentioning

confidence: 99%

RETRACTED ARTICLE: A mathematical model to investigate the interactive effects of important economic factors on the behaviors of retailers

Khakbaz

Tirkolaee

2022

Ann Oper Res

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Supply chain cost research: a bibliometric mapping perspective

Ramos

Dien

Gonzales

et al. 2020

BIJ

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PurposeThe purpose of this paper is to review the literature on logistics and supply chain costs to provide an analysis of sources of publication, citations and authorship using bibliometric analysis techniques (VOSviewer and CitNetExplorer tools).Design/methodology/approachA review of 756 articles published during the period 2014 to 2019 referenced in the Scopus database was performed. The review was limited to articles published in English and directly related to logistics and supply chain costs.FindingsThe research identified more than 2,000 authors representing more than 5,000 keywords and 10,000 references from a total of 155 journals investigated. A critical synthesis of the resulting data revealed several insights about various aspects of studies in this field. For instance, the review identified a scarcity of academic publications in three key areas, namely “supply chain,” “optimization” and “transportation”, which are concepts focused on the total supply chain.Originality/valueThis research highlights important areas of attention for both researchers and practitioners considering costs associated with logistics and supply chain operations and strategies. The results can also help identify thematic areas, journals and topics for future research. The paper identifies and proposes research areas to contribute to the literature when challenges to investigating logistics and supply chain costs are discussed.

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Logistics cost management: insights on tools and operations

Cited by 2 publications

References 0 publications

RETRACTED ARTICLE: A mathematical model to investigate the interactive effects of important economic factors on the behaviors of retailers

RETRACTED ARTICLE: A mathematical model to investigate the interactive effects of important economic factors on the behaviors of retailers

Supply chain cost research: a bibliometric mapping perspective

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