Strategic Cost Management in Logistics and Transportation - An Overview

Abstract

Cost competitiveness is one of the major factor for having sustainable business advantage. In this context cost which is one of the major element of business strategy, evolves as the most important decision making subject in every sphere of discussion in the board room. Experts see cost as major factor in having a Cost competitive advantage over others. All business and organisations need to use their best possible ways of strategic services at some point in their operations especially manufacturing, whole sale&retail industry to give fillip in their sustainable growth.