Costs of Inventories as a Component of Logistics Cost of Companies in the Lower Silesia Region

Logistics costs are directly related to the implementation of logistics processes such as purchasing, transport, storage, sales/costs of goods, and maintaining the necessary standards for handling the market. The paper presents empirical findings gathered from the survey of production companies operating in the Lower Silesia region in Poland. The survey was designed to examine the cost of inventories separately from other cost elements, as an important determinant in the process of cost management within entities. The research methodology was supplemented by numerous literature sources, survey analysis, and deduction/induction methods.