Quantitative methods for support of managerial decision-making in logistics

Abstract

The present entrepreneurial environment can be characterized by the speed of changes, rapidly developing ICT, and application of differentiated CRM, particularly in the area of logistics services. These all place high demands on the speed and optimization of all material flows not only within the company, but also in the entire supply chain, where quantitative methods can play an important role. The paper deals with their utilization, especially in the chemical industry enterprises in the Czech Republic. It is based on the outcomes of the recently carried out survey and on the authors’ experience with the given problems from the business practice. The paper aims are to make an overview of quantitative methods suitable for application in individual areas of logistics management, to show preconditions that have to be met for their application, and particularly to specify the main barriers preventing more effective utilization of these methods in the corporate practice.