Value of Logistics for a Company

The logistics balance sheet represents an innovation. In analogy to the corporate balance sheet, it highlights the strength of logistics for a company or a supply chain network and supports decisions made by top management in the process of actively shaping the future. By applying well-known terms and methods from accounting, the logistics balance sheet allows logistics to be increasingly embraced as a new management concept at the board and executive level. This provides executives with a tool that gives logistics concerns more attention. The assessment of the current logistics situation serves as the starting point for future strategies, concepts, and measures. The concept of the logistics balance sheet enables the performance measurement of logistical strategies and applications in a new quality.