Professional paper

Economics of logistics functions in a company

Krešimir Buntak orcid.org/0000-0002-2209-690X ; Sveučilište Sjever, Sveučilišni centar Varaždin, Varaždin, Hrvatska
Nikoleta Šuljagić ; Sveučilište Sjever, Sveučilišni centar Varaždin, Varaždin, Hrvatska

Abstract

Economics function is part of business economics that studies the rational resource utilization by individual
business processes of a company for the purpose of maximizing its efficiency. Economics of logistic functions refers to rationalization of resource utilization in the logistics sector. Business functions of a company in terms of logistics are the following: supply logistics, production logistics, distribution logistics and warehouse logistics. Economics imbues the relationship between logistics and other functions of a company such as marketing, marketing mix, production and supply for the purpose of reducing costs and increasing profit. In functional terms, a logistics system is always a subsystem of an economic organization of a company including other subsystems such as sales, research and development, financing and public relations, all of which have the same economic goal.

Keywords

economics; logistics; bussines function; production; distribution; marke

Hrčak ID:

131568

URI

https://hrcak.srce.hr/131568

Publication date:

15.12.2014.

Article data in other languages: croatian

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