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Justification of additional costs and the possibility of downtime in the land transport company

Rolands Ozoliņš

ABSTRACT

In the literature review of the bachelor's thesis, the types of costs in a company are analyzed and how they could affect the company overall in terms of both costs and functionality. Using transport tariffs, the costs of providing transportation services were calculated and a price was offered to the client. Additional costs and downtime types were analyzed and their impact on the company was assessed. The theoretical analysis of Lean and Six Sigma methodologies was conducted to further apply them to reduce additional costs and downtime.
In the second part, the additional costs and downtime factors of the company DSV Latvia and the extent of their impact were described and analyzed.
The third part analyzes the application of Lean and Six Sigma methodologies in the company DSV Latvia and how significantly they can help reduce additional costs and downtime.
Author: Rolands Ozoliņš
Degree: Professional Bachelor
Year: 2024
Work Language: Latvian
Supervisor: Mg. oec., Renāte Indrika
Faculty: Transport and Management Faculty
Study programme: Transport and Business Logistics

KEYWORDS

EXTRA COSTS, DOWNTIME, LEAN METHODOLOGY, SIX SIGMA METHODOLOGY