The impact of supply chain cost on the price of the final product

Nowadays, as consumption and production are growing enormously fast, companies are seeking for costs reduction aimed at ensuring competitiveness. In manufacturing companies, supply chain expenses play a colossal role in the cost of the final product. This paper focuses on the main processes in the l...

Full description

Bibliographic Details
Main Authors: Indrė Lapinskaitė, Justina Kuckailytė
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2014-06-01
Series:Business, Management and Education
Subjects:
Online Access:http://journals.vgtu.lt/index.php/BME/article/view/3489
_version_ 1818874142265442304
author Indrė Lapinskaitė
Justina Kuckailytė
author_facet Indrė Lapinskaitė
Justina Kuckailytė
author_sort Indrė Lapinskaitė
collection DOAJ
description Nowadays, as consumption and production are growing enormously fast, companies are seeking for costs reduction aimed at ensuring competitiveness. In manufacturing companies, supply chain expenses play a colossal role in the cost of the final product. This paper focuses on the main processes in the logistics chain and their components. The authors analyse the relationship between the supply chain expenses and the price of the final product, the classification of logistics chain costs and their minimization as an assumption for the competitiveness of the final price.
first_indexed 2024-12-19T13:05:54Z
format Article
id doaj.art-ae8588f223c9454eb7e9773d39330bee
institution Directory Open Access Journal
issn 2029-7491
2029-6169
language English
last_indexed 2024-12-19T13:05:54Z
publishDate 2014-06-01
publisher Vilnius Gediminas Technical University
record_format Article
series Business, Management and Education
spelling doaj.art-ae8588f223c9454eb7e9773d39330bee2022-12-21T20:20:03ZengVilnius Gediminas Technical UniversityBusiness, Management and Education2029-74912029-61692014-06-0112110.3846/bme.2014.08The impact of supply chain cost on the price of the final productIndrė Lapinskaitė0Justina Kuckailytė1Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, LithuaniaVilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, LithuaniaNowadays, as consumption and production are growing enormously fast, companies are seeking for costs reduction aimed at ensuring competitiveness. In manufacturing companies, supply chain expenses play a colossal role in the cost of the final product. This paper focuses on the main processes in the logistics chain and their components. The authors analyse the relationship between the supply chain expenses and the price of the final product, the classification of logistics chain costs and their minimization as an assumption for the competitiveness of the final price.http://journals.vgtu.lt/index.php/BME/article/view/3489pricingsupply chain costlinear programmingoptimisation
spellingShingle Indrė Lapinskaitė
Justina Kuckailytė
The impact of supply chain cost on the price of the final product
Business, Management and Education
pricing
supply chain cost
linear programming
optimisation
title The impact of supply chain cost on the price of the final product
title_full The impact of supply chain cost on the price of the final product
title_fullStr The impact of supply chain cost on the price of the final product
title_full_unstemmed The impact of supply chain cost on the price of the final product
title_short The impact of supply chain cost on the price of the final product
title_sort impact of supply chain cost on the price of the final product
topic pricing
supply chain cost
linear programming
optimisation
url http://journals.vgtu.lt/index.php/BME/article/view/3489
work_keys_str_mv AT indrelapinskaite theimpactofsupplychaincostonthepriceofthefinalproduct
AT justinakuckailyte theimpactofsupplychaincostonthepriceofthefinalproduct
AT indrelapinskaite impactofsupplychaincostonthepriceofthefinalproduct
AT justinakuckailyte impactofsupplychaincostonthepriceofthefinalproduct