WHAT TO IMPLEMENT? SELECTING THE RIGHT DIGITIZATION TECHNOLOGIES FOR LOGISTICS
Jakob Grubmuller (),
Sascha Duerkop () and
Michael Huth ()
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Jakob Grubmuller: Hochschule Fulda - University of Applied Sciences, Germany
Sascha Duerkop: Hochschule Fulda - University of Applied Sciences, Germany
Michael Huth: Hochschule Fulda - University of Applied Sciences, Germany
Business Logistics in Modern Management, 2021, vol. 21, 313-325
Abstract:
The sheer amount of innovative technologies and systems and the external pressure on logistics service providers to implement these overwhelm many companies on the market. Having an effective business and being able to quantify the implementation costs, but not the benefits of innovations might let companies hesitate and thus potentially miss opportunities. This article presents a selection approach that supports companies in evaluating and selecting those digitization technologies that are best suited to reach their company-specific goals. Building on the individual company’s know-how, a multi-step process filters out unsuited technologies and matches suitable technologies with their best-suited process to be applied at. Finally, a list of technologies that are most beneficial for the company is derived to build the foundation of a digitization strategy.
Keywords: Innovation; innovation management; logistics; digitization (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:osi:bulimm:v:21:y:2021:p:313-325
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