Management of Logistics in Modern Economic Corporation

The aim of this paper is to define the role of logistics management towards future contributions within this field, as well as a better understanding of primary approaches to logistics, shedding light on the complexity of the task which is put before logistics management these days. Logistics management is responsible for organizing and managing tasks within the sector itself, which means it is in charge of the efficiency of warehousing, efficiency in utilization of business resources, transport efficiency and optimization of all expenses incurred in the logistics sector in general. With logistical expenses currently on the rise, many economic operators are becoming ever more concentrated on their optimization. There are many possibilities to advance existing logistic processes in the sense of their increased efficiency and effectiveness, so the role of logistics management is becoming ever more significant in the organizational scheme of economic operators. Economic operators that have recognized that logistical expenses can be efficiently managed pay special attention to logistics management, because its primary activity is focused on creating a profitable level of product distribution service to the end users, which includes planning, organizing and control of all activities. This paper covers logistic activities by giving a complete overview which defines the role of logistics management as a significant factor with direct influence on business success, i.e. the efficiency and effectiveness of an economic operator.