Some of the Costs Involved in Logistics (Essay Sample)
for this task, In discussing the supply chain management concept, the logistics professional should ideally be able to assess the various cost centers associated with a specific strategy. Brainstorm and explain some of the costs involved in logistics, as well as cost trade-offs that management might have to deal with as part of the firm's mid to long term planning. Post your response to this discussion area. Once you have read the postings of your peers, respond to any one (1) peer submission, expressing agreement or alternative viewpoints on the issues raised
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Some of the Costs Involved in Logistics
There are various cost centers involved in supply chain and logistics management. Mogale (2020) explains cost centers in the business sector as the departments that coordinate and operate the cost allocation. Generally, the procurement costs would include the cost of duty, brokerage, and manufacturing. This cost is experienced during manufacturing and maintaining the goods and products transported overseas. There is the cost of transportation which involves importing and exporting the products and goods within and outside the organization that requires a separate fee that would be imposed on the procurement organization. The transportation fee would typically vary depending on the bulkiness of the products.
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