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Logistics/Supply Chain Costing
Learning outcomes
At the end of this lecture, students should be able to
Understand the importance of costing SC activities
Understand the SC costs
Know the methods of logistics costing
Know ways by which logistics cost can be reduced
COSTING SC/LOGISTICS ACTIVITIES
Introductio
As a manager it becomes important to
understand that your costs will become value creators to your customers or consumers of your products and services.
It is therefore important to control and contain some of your operations costs through appropriate management techniques.
Equally important is for partners in a chain to implement some cost control techniques
logistical costing
An important activity of Logistics Management to reduce logistical costs to improve performance
Supply Chain Cost Areas
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