How to obtain a competitive advantage through logistics

Essay from the year 2018 in the subject Business economics - Supply, Production, Logistics, grade: 1,0, Boston University (Metropolitan College), course: Strategic Logistics Management, language: English, abstract: This paper presents the complexities and challenges companies are facing on its way to achieve a competitive advantage through logistics. If set up properly, a company can obtain a competitive advantage through logistics by taking the superior position within an industry regarding cost reductions, service diversity, flexibility and reliability, as well as satisfying and constantly exceeding customer expectations and requirements. The most essential steps on a company's way to achieve a competitive advantage contain reaching a high level of logistical value proposition and logistical management integration, supported by highly skilled employees and information technologies.