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- Title
How Logistics Is Evolving: Why It Is Appropriate for Today and the Next Decade.
- Authors
Cleary, Shannon; McLarney, Carolan
- Abstract
Logistics management is a critical function of supply chain management. To ensure successful integration across all business platforms means a business must have a global view of the entire supply chain. This paper will explore the future of logistics as we move into the second decade of the 21st century. The future, we posit, will include continued growth through collaboration and crowd sourcing structures. Internet connectivity through cloud computing will provide transparent and precise delivery tracking across multiple third-party logistics operators. We conclude that a sophisticated and well-integrated logistics application can manage contracts, containerization, fuel costs, track commitments and deadlines, layer in new contracts and services and track overall quality. Increased regulations, government support and transparency through a centralized database could also improve the quality of data and flow of goods across the borders to facilitate more trade and logistics services. Corporations like Walmart, Uber, Mercedes-Benz and Amazon will be used as examples.
- Publication
IUP Journal of Supply Chain Management, 2021, Vol 18, Issue 1, p7
- ISSN
0972-9267
- Publication type
Academic Journal