Achieving Competitiveness Through Logistics

Abstract

Logistics management has always been concerned with lead‐times. In particular, the order‐to‐delivery cycle has been seen as a major element in the customer service process. However, companies are now increasingly coming to recognise that the way in which ‘time’ is managed throughout the logistics system ‐ from procurement of materials through to the receipt of payment for goods sold ‐ is a key determinant of competitive advantage. Not only is work‐in‐progress and inventory reduced through a shortening of total logistics lead‐time, but responsiveness and flexibility to market place requirements is dramatically enhanced.

Citation

Persson, G. (1991), "Achieving Competitiveness Through Logistics", The International Journal of Logistics Management, Vol. 2 No. 1, pp. 1-11. https://doi.org/10.1108/09574099110804625