Logistics & Distribution
Logistics & Distribution
The original use of the word Logistics is military in nature, meaning the acquisition, storage and movement of personnel, equipment, and provisions. It has existed since time immemorial, but Napoleon Bonaparte reintroduced it by saying, ‘an army marches on its stomach’, clearly laying out the importance of logistics.
The modern connotation of the word logistics is the process of planning and executing efficient transportation and storage of goods from the point of origin to the point of consumption. The goal here is to meet customer requirements in a timely and cost-effective manner.
Importance of Logistics & Distribution
There are more than 2.5 million people employed in the logistics industry in the UK and they generate more than £125 Billion in revenues.
SUPPLY OF RAW MATERIAL
Modern life depends entirely on the use of finished goods. These products require raw material, delivery of which is the most important aspect of a logistics and distribution network. Further examples are petroleum products, cotton, and grains. Without this movement a country will come to a standstill.
TIMELINESS & COMFORT
Modern consumers demand comfort and punctuality. Specially during the covid crisis the electronic retailer has become the norm. Both the provider and the consumer require a go between to get the goods delivered, making logistics and distribution vital.
Logistics extends to managing returns to extract the most profit from sales. Success in logistics translates to increased efficiency, lower costs, higher production rates, better inventory control, smarter use of storage space, increased customer and supplier satisfaction, and an overall improved customer experience.
Efficient logistics drive profits. This translates to improved innovation in transport and storage fields as well as development of infrastructure. Hence contributing to overall progress and development of human societies.
What Our Clients Say
I’d almost given up trying to find someone who’d be able to manage my affairs as hoped, but Lanop are nothing short of amazing. Their hard work, tenacity and attention to detail have made an enormous difference to my accounts. ’10/10′.
Sole Trader/Engineer, Hearth Glow
Role of Accountants in the Logistics & Distribution
An accountant’s perspective and financial advice are vital to thrive in a fast-paced market. Property valuation to registration for VAT and corporation tax as well as precise computations of taxes, and daily cash flow management all need an expert accountant. Following are some of the roles of a Logistics Accountant
- Financial analysis like cost-benefit analysis
- Financial and non-financial evaluation of alternate ideas and new investments
- Identifying and implementing data base technologies to enable smoother transactions
- Reducing wastefulness and increasing flexibility and responsiveness of transactions
- Collaboration with operations to identify and solve problems creatively
- Providing analytical support for future ventures and budgeting
Lanop Accounting Services for Logistics & Distribution
MERGERS AND ACQUISITION ADVISORY
NEW BUSINESS ADVISORY
RAISING BUSINESS FINANCE
PRODUCTION CONTROL AND ANALYSIS
VAT & PAYE SUPPORT
PROFITABILITY AND EXPENSE ANALYSIS
INDUSTRY AND MARKET ANALYSIS
ADVICE ON COMPANY STRATEGY
CASH FLOW AND REVENUE GENERATION
CAPITAL AND OPERATIONAL EXPENDITURE BUDGETING
TAX PLANNING FOR COMPANY AND DIRECTORS
VIRTUAL FINANCE DIRECTOR SERVICES (OUTSOURCED CFO)
Why is Lanop the Best Logistics Accountant for you?
Lanop is well-connected in the marketplace, and we are up to date on the latest industry norms and regulations. We deal with a wide range of logistics and distribution companies, including start-ups, SMEs, family businesses, etc. Our skilled chartered accountants make sure you obtain all your accounting services in the most convenient and practical manner, all under one roof. Our decades long experience with logistic and distribution businesses make us the perfect choice for you.
Lanop: A Companion for Lonely Trails
Lanop Accountants eliminates the need to search for an all-encompassing accountancy firm. Our corporate headquarters in Putney, London provide practical and efficient solutions to all your accounting needs.
Our skilled tax and finance professionals work diligently to make your life simpler by reducing financial stress and making business models more lucrative and efficient in accordance with up-to-date regulations.
Why should you choose us?
Professional & Client Centric
No Surprise Costs
In-house Team of Experts