Contemporary tendencies of the modern logistics development
Logistics is an important component of any business, which covers the processes of planning, organizing, managing and controlling the movement of resources, products and information. Its main goal is to ensure the optimal and efficient use of resources, satisfy the needs of consumers and achieve competitive advantages in the market. Logistics covers various activities related to material flows - from the purchase of raw materials to the delivery of the final product to consumers. In traditional logistics systems, the use of information technology was limited, and the main focus was on mechanical inventory management and transportation. In modern approaches, automation, information technologies, and artificial intelligence play a significant role, which allows predicting changes in demand, optimizing routes, and improving inventory management. These technologies make it possible to reduce costs, increase the accuracy and efficiency of decision-making.
Authors
- Volodymyr Reznik (ORCID: https://orcid.org/0009-0000-9497-5578)
Publication Details
- Journal
- Electronic Scientific Journal Intellectualization of Logistics and Supply Chain Management #1 2020
- Published
- 2024-10-01
- DOI
- https://doi.org/10.46783/smart-scm/2024-27-5
- Primary Topic
- Business and Economic Development
- Type
- article
- Field-Weighted Citation Impact
- 0.00