Importance of logistics management in the profitability of companies and the generation of value

Abstract

This study exemplifies the inherent relationship between each area of ​​a business: sales, purchasing, planning, production, inventory, finance, accounting, human resources, IT, etc., and the need to design, implement, and control tools that guarantee long-term survival and profitability.

Most multinational corporations and large, recognized companies in the region have something in common: a well-defined strategy and controlled processes. What about the rest of the companies? How can multinationals compete against companies with monopolies or well-established markets? How can they face the cost war against companies whose competitive advantage lies in consolidating purchase volumes? How can they compete against a fully automated company with cutting-edge technology? How can they become a significant rival to a well-known brand with a high degree of market preference? We could continue listing a multitude of questions; however, the answer has always been right in front of us, waiting in books, magazines, or classrooms. It is at this point that we begin to see the need to put into practice all that dormant potential, hidden within the human talent of every company.

The research proposes different case studies of companies in the logistics management sector and their relationship to company profitability and value creation.