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Determining value of logistics costs in projects: empirical findings based-on executing several cement projects in Indonesia
This research tries to shed light on precise values of logistics costs that so far undisclosed. The values are important for every project planners to evaluate, control and monitoring, and especially imperative for procurement activities. Tender, bidding, and defining the scope of contracts and valu...
Autores principales: | , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier
2020
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7364032/ https://www.ncbi.nlm.nih.gov/pubmed/32695900 http://dx.doi.org/10.1016/j.heliyon.2020.e04352 |
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author | Subiyanto, Effnu Suyoto, Yohanes Totok |
author_facet | Subiyanto, Effnu Suyoto, Yohanes Totok |
author_sort | Subiyanto, Effnu |
collection | PubMed |
description | This research tries to shed light on precise values of logistics costs that so far undisclosed. The values are important for every project planners to evaluate, control and monitoring, and especially imperative for procurement activities. Tender, bidding, and defining the scope of contracts and value can be well organized without time-consuming. This research uses methodology previously developed by Subiyanto (2020a) and discussed only a few particular and directly related to the logistics. The model had been decomposed by utilizing path analysis and the data had been regressed to define variables as the most inflator for logistics. The findings are total logistics costs in Indonesia generally at around 14.6% to total costs of investment. It consists following of insurance cost 0.11%, costs for customs clearance 6.52%, foreign logistics costs 6.62%, domestic manufacture 0.47%, and domestic logistics costs 0.89%. This research is not discussing logistics costs relating to human resources, human travelling, and internal logistics conducted by vendors or contractors as the scope included counted within their procurement contract. These results are important as guidance for project planners, controllers, and other parties to prepare costs more precisely. Negotiating to the banks will be easier as the more precise amount of budgets had been estimated. Due to the important values that have been identified, there will help transparency and governance conducting the projects. Procurement processes involving societies are more objective and better. This is a novelty finding as previous researchers have not decided yet. |
format | Online Article Text |
id | pubmed-7364032 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2020 |
publisher | Elsevier |
record_format | MEDLINE/PubMed |
spelling | pubmed-73640322020-07-20 Determining value of logistics costs in projects: empirical findings based-on executing several cement projects in Indonesia Subiyanto, Effnu Suyoto, Yohanes Totok Heliyon Article This research tries to shed light on precise values of logistics costs that so far undisclosed. The values are important for every project planners to evaluate, control and monitoring, and especially imperative for procurement activities. Tender, bidding, and defining the scope of contracts and value can be well organized without time-consuming. This research uses methodology previously developed by Subiyanto (2020a) and discussed only a few particular and directly related to the logistics. The model had been decomposed by utilizing path analysis and the data had been regressed to define variables as the most inflator for logistics. The findings are total logistics costs in Indonesia generally at around 14.6% to total costs of investment. It consists following of insurance cost 0.11%, costs for customs clearance 6.52%, foreign logistics costs 6.62%, domestic manufacture 0.47%, and domestic logistics costs 0.89%. This research is not discussing logistics costs relating to human resources, human travelling, and internal logistics conducted by vendors or contractors as the scope included counted within their procurement contract. These results are important as guidance for project planners, controllers, and other parties to prepare costs more precisely. Negotiating to the banks will be easier as the more precise amount of budgets had been estimated. Due to the important values that have been identified, there will help transparency and governance conducting the projects. Procurement processes involving societies are more objective and better. This is a novelty finding as previous researchers have not decided yet. Elsevier 2020-07-15 /pmc/articles/PMC7364032/ /pubmed/32695900 http://dx.doi.org/10.1016/j.heliyon.2020.e04352 Text en © 2020 The Author(s) http://creativecommons.org/licenses/by/4.0/ This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/). |
spellingShingle | Article Subiyanto, Effnu Suyoto, Yohanes Totok Determining value of logistics costs in projects: empirical findings based-on executing several cement projects in Indonesia |
title | Determining value of logistics costs in projects: empirical findings based-on executing several cement projects in Indonesia |
title_full | Determining value of logistics costs in projects: empirical findings based-on executing several cement projects in Indonesia |
title_fullStr | Determining value of logistics costs in projects: empirical findings based-on executing several cement projects in Indonesia |
title_full_unstemmed | Determining value of logistics costs in projects: empirical findings based-on executing several cement projects in Indonesia |
title_short | Determining value of logistics costs in projects: empirical findings based-on executing several cement projects in Indonesia |
title_sort | determining value of logistics costs in projects: empirical findings based-on executing several cement projects in indonesia |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7364032/ https://www.ncbi.nlm.nih.gov/pubmed/32695900 http://dx.doi.org/10.1016/j.heliyon.2020.e04352 |
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