NEW LOGISTICS AND PRODUCTION TRENDS AS THE EFFECT OF GLOBAL ECONOMY CHANGES

György Kovács and Sebastian Kot ()
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Sebastian Kot: Czestochowa University of Technology, the Management Faculty, Poland and North-West University, Faculty of Economic Sciences and IT, South Africa

Polish Journal of Management Studies, 2016, vol. 14, issue 2, 115-126

Abstract: The growing market globalization, increasing global competition, and more complex products results application of new technologies, methods and business processes. Fast changing market environment and fluctuating customer demands require efficient operation of logistical processes. In this study the logistical tendencies and challenges are introduced with reasons and driving forces. Tendencies in the changes of customer demands, production requirements, formation of supply chains, inventory strategies, transportation activities and activity of the logistics service sector are analyzed. Finally the Industry 4.0 conception is introduced which will change the production and logistical processes drastically.

Keywords: logistics; tendencies; supply chain; production; industry 4.0 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (41)

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