Economic analysis of the project of warehouse centralization in the paper production company

In the modern conditions, business requires constant rationalization of all activities and processes that occur in the logistics system. One of the preconditions for ensuring the competitiveness in the market is to manage the own performance. This paper presents research that relates to the project...

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Main Authors: Željko Stević, Enis Mulalić, Zdravko Božičković, Slavko Vesković, Irena Đalić
Format: Article
Language:English
Published: University in Belgrade 2018-05-01
Series:Serbian Journal of Management
Subjects:
Online Access:http://aseestant.ceon.rs/index.php/sjm/article/view/13608/pdf
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author Željko Stević
Enis Mulalić
Zdravko Božičković
Slavko Vesković
Irena Đalić
author_facet Željko Stević
Enis Mulalić
Zdravko Božičković
Slavko Vesković
Irena Đalić
author_sort Željko Stević
collection DOAJ
description In the modern conditions, business requires constant rationalization of all activities and processes that occur in the logistics system. One of the preconditions for ensuring the competitiveness in the market is to manage the own performance. This paper presents research that relates to the project of centralization of the warehouse in the company of paper production. Currently, any production facility has its own warehouse that is, through executed decomposition, proved like a poor solution. Any project requires certain investment funds, which are in this case over half million EUR, because it is a large and complex logistics company that employs about one thousand workers. The focus of this paper is an economic analysis of the project of centralization of warehouse. The new centralized system gives better results in the comparison with the current system of decentralization. Considering the savings, which are realized by switching to a centralized warehouse system, and required investment funds, repayment period of the same is slightly less than five years, what is relatively a short period.
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spelling doaj.art-ab6e877cb3a744e38c8a96b3d9879b062022-12-21T22:58:46ZengUniversity in BelgradeSerbian Journal of Management1452-48642217-71592018-05-01131476210.5937/sjm13-13608Economic analysis of the project of warehouse centralization in the paper production companyŽeljko StevićEnis MulalićZdravko BožičkovićSlavko VeskovićIrena ĐalićIn the modern conditions, business requires constant rationalization of all activities and processes that occur in the logistics system. One of the preconditions for ensuring the competitiveness in the market is to manage the own performance. This paper presents research that relates to the project of centralization of the warehouse in the company of paper production. Currently, any production facility has its own warehouse that is, through executed decomposition, proved like a poor solution. Any project requires certain investment funds, which are in this case over half million EUR, because it is a large and complex logistics company that employs about one thousand workers. The focus of this paper is an economic analysis of the project of centralization of warehouse. The new centralized system gives better results in the comparison with the current system of decentralization. Considering the savings, which are realized by switching to a centralized warehouse system, and required investment funds, repayment period of the same is slightly less than five years, what is relatively a short period.http://aseestant.ceon.rs/index.php/sjm/article/view/13608/pdfEconomic analysiswarehousetransportcosts
spellingShingle Željko Stević
Enis Mulalić
Zdravko Božičković
Slavko Vesković
Irena Đalić
Economic analysis of the project of warehouse centralization in the paper production company
Serbian Journal of Management
Economic analysis
warehouse
transport
costs
title Economic analysis of the project of warehouse centralization in the paper production company
title_full Economic analysis of the project of warehouse centralization in the paper production company
title_fullStr Economic analysis of the project of warehouse centralization in the paper production company
title_full_unstemmed Economic analysis of the project of warehouse centralization in the paper production company
title_short Economic analysis of the project of warehouse centralization in the paper production company
title_sort economic analysis of the project of warehouse centralization in the paper production company
topic Economic analysis
warehouse
transport
costs
url http://aseestant.ceon.rs/index.php/sjm/article/view/13608/pdf
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