Advanced Logistics Strategy of a Company to Create Sustainable Development in the Industrial Area

Miroslav Rakyta, Peter Bubenik, Vladimira Binasova (), Branislav Micieta and Katarina Staffenova
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Miroslav Rakyta: Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, Univerzitna 8215/1, 010 26 Zilina, Slovakia
Peter Bubenik: Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, Univerzitna 8215/1, 010 26 Zilina, Slovakia
Vladimira Binasova: Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, Univerzitna 8215/1, 010 26 Zilina, Slovakia
Branislav Micieta: Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, Univerzitna 8215/1, 010 26 Zilina, Slovakia
Katarina Staffenova: Department of Industrial Engineering, Faculty of Mechanical Engineering, University of Zilina, Univerzitna 8215/1, 010 26 Zilina, Slovakia

Sustainability, 2022, vol. 14, issue 19, 1-36

Abstract: Strategic management determines the direction of a company for several years ahead. Managers and business owners who create strategies must anticipate and be able to see systemically. Logistics is a fundamental process in the industrial field, and despite the constant emphasis on importance, companies encounter problems in this area. A prerequisite for properly functioning logistics for companies operating in the industrial sector is an appropriately chosen logistics strategy, which is the subject of this work. The first part summarizes the theoretical basis for strategy and logistics, current trends, and influencing logistics processes. The second chapter analyzes the current state of logistics strategy development and summarizes its problem areas at the same time. The focal part of the contribution is the innovative proposal of the methodology for developing the logistics strategy in the industrial area through a progressive approach. The methodology is partially verified. The proposed methodology offers companies the opportunity to evaluate the current state of the logistics system correctly, select the correct elements of the external and internal environment affecting logistics processes, define goals and limitations, choose the right indicators that will enable the evaluation of the implemented strategy, formulate a strategy that will reflect the requirements of the company and include new technologies, correctly create the framework of the strategy implementation project, and, finally, visualize and evaluate the selected indicators during and after the implementation of the strategy. Among the created variants of the logistics strategy is the introduction of elements that will lead to the gradual development of the Industry 4.0 trend in a company.

Keywords: MTS; MTO; logistics strategy; advanced industrial engineering (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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