What are the types of logistics costing?
What are the types of logistics costing?
Logistics Costs: The 5 Main Cost Drivers During Operations
- Warehousing Costs: Incoming goods.
- Warehousing Costs: Storage.
- Fulfillment Costs: Pick & Pack.
- Shipping Costs: Delivery.
- Other Costs: Returns.
How do you calculate total logistic cost?
The total cost of transport per commodity is the sum of the cost of transport per mode for the commodity, which in turn is the estimated tonnage transported per mode, multiplied by the mode unit cost in Rand per ton- kilometre, multiplied by the mode average distance transported of each commodity in kilometres.
What are the principles of logistics costing?
A basic principle of logistics costing is that it identifies the different costs that result from servicing customers with particular product mixes. An effective costing system seeks to determine the total cost of achieving specific logistics objectives (outputs) by quantifying the various logistics inputs.
What are the different models of logistics?
Various Models of Logistics
- 1PL – Self Logistics. …
- 2PL – Traditional Transportation Provider. …
- 3PL – Logistics Service Provider. …
- 4PL – Supply Chain Overseer. …
- 5PL – Solution Optimization Services.
What are the 4 basic costs of transportation?
In freight, the basic costs you’ll get billed for include these four items:
- Line haul.
- Pickup and delivery.
- Terminal handling.
- Billing and collecting.