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Asian Journal of Research in Social Sciences and Humanities
Year : 2016, Volume : 6, Issue : 5
First page : ( 891) Last page : ( 899)
Online ISSN : 2249-7315.
Article DOI : 10.5958/2249-7315.2016.00159.3

End to End Logistics Cost of Companies Operating in Sipcot, Tamilnadu

Dr. Priya P. Vidhya*, Dr. Mohanasundari**

*Associate Professor, Department of Management Studies, Kongu Engineering College, Perundurai

**Associate Professor, Department of Management Studies, Kongu Engineering College, Perundurai

Online published on 3 May, 2016.

Abstract

Logistics is considered as third profit source, plays an extremely important role in the process of the modern industrial production. At present it has become more and more difficult for the enterprises to only bank on on their ability to create techniques to obtain the viable competitive advantage. Therefore, the enterprise is prompted to turn their attention to the logistics sector, which is called as “the third profit source” of the organisation. This makes sense because the logistics function employs capital, incurs cost, and adds value by distribution. It even contributes to sales through the customer service provided. All the prerequisite elements exist for establishing a profit center. This study analyze the End to End logistics cost of companies located within SIPCOT, Tamilnadu. It also establishes relationship between logistics cost and various factors.

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Keywords

Supply chain management, Logistic costs, third party source, End to end logistics.

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