DIGITAL TECHNOLOGIES IN LOGISTICS AND SUPPLY CHAIN MANAGEMENT
DIGITAL TECHNOLOGIES IN LOGISTICS AND SUPPLY CHAIN MANAGEMENT
Author(s): Volodymyr B. RodchenkoSubject(s): ICT Information and Communications Technologies, Transport / Logistics
Published by: Универзитет у Нишу
Keywords: logistics; digital technologies; supply chain management; augmented reality; Internet of things; cloud services; blockchain
Summary/Abstract: The aim of the research is to summarize current trends in the use of digital technologies in logistics and supply chain management, to study the nature of their impact on the development of the logistics system of an economic entity. The article summarizes the main trends in the digitalization of supply chains and logistics in trade and industry. The methodical aspects of digital transformation of supply chains were considered. It is established that the emphasis in the organization and management of supply chains has shifted towards the transformation of traditional chains into the space of the digital economy. The article identifies promising areas and challenges for the use of digital technologies in logistics and supply chain management: the Internet of Things, blockchain, cloud services, augmented reality, robots, drones, and 3D printing. The trends in the development of digital technologies are explored, as their integration into global supply chains can accelerate, simplify and reduce the cost of the supply process at almost all stages. Digital technologies that improve the process of goods movement in supply chains are presented in the article in terms of logistics in the context of managing the relevant flows: material, information, financial, service. The state of development of cooperation between the main types of economic activities that produce technological and digital technologies and types of economic activities that provide logistics and supply management in the European Union was assessed.
Journal: FACTA UNIVERSITATIS - Economics and Organization
- Issue Year: 20/2023
- Issue No: 3
- Page Range: 191-203
- Page Count: 13
- Language: English