1

Domestic and Foreign Pricing Strategies as Related to Supply Chain and Logistics

 Supply chain management and logistics is the backbone of any organization’s

business.

Domestic Pricing Strategies as Related to Supply Chain and Logistics

 The domestic pricing strategies which can be beneficial in logistics and supply

chain management include; the competitive pricing strategy, the cost-plus pricing

strategy, the price skimming strategy and the value-based pricing strategy

(Kumar, Basu & Avittathur, 2018).

 The cost-plus pricing strategy considers the total cost of producing a product and

calculating a markup to decide the price of the product.

Foreign Pricing Strategies as Related to Supply Chain and Logistics

 The foreign pricing strategies are developed by businesses for international

markets based on the efficiency of the logistics and supply chain management.

Conclusion

 Due to globalization, most companies do not want to be limited to the boundaries

of their home country and therefore, domestic and foreign logistics systems are

important for supply chain integration both locally and internationally.