Logistic cost optimization in the food industry of small countries

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Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
Logistic cost optimization in the food industry of small countries
Authors:
In the Journal:
Vadyba Journal of management, 2015, 1 (26), 61-66
Subject Category:
LT
Apskaita / Accounting; Konkurencija / Competition; Logistika / Logistics; Pasiūla ir paklausa. Tiekimas / Supply and demand.
Summary / Abstract:

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.

ISSN:
1648-7974
Subject:
Related Publications:
Warehouses consolidation in the logistic clusters: food industry's case. Polish journal of management studies 2016, 14, 1, 174-182.
Permalink:
https://www.lituanistika.lt/content/58729
Updated:
2018-12-17 14:00:47
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