The impact of Emerging Technologies on Logistics: A Comprehensive Analysis
Faget Madalina-Floriana ()
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Faget Madalina-Floriana: University of Politehnica Timisoara, Timisoara/Timis, Romania
Proceedings of the International Conference on Business Excellence, 2024, vol. 18, issue 1, 1868-1881
Abstract:
Starting with the development that we had in previous years; we will look deeper into the benefits that emerging technologies have on logistics. We will explore specific applications and will use study cases as examples from companies that were successful in implementing this type of technology. Logistics management is being transformed by emerging technologies, bringing unprecedented efficiency, transparency, and sustainability. As global trade and supply chain complexities growth, logistics stakeholders are embracing cutting-edge technologies to optimize their operations. Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Blockchain, and Autonomous Vehicles are leading the way as key drivers of this process. Highlighting these technologies, how they work, addressing their challenges and potential drawbacks, we will emphasize with a cause-and-effect projection for a better understanding of how the future will look into logistics. This paper analyses the consequences of these emerging technologies on logistics, emphasizing their capacity to redefine conventional paradigms and mold a future for the industry that is more resilient and adaptable.
Keywords: technologies; logistics; autonomous vehicles; artificial intelligence (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:18:y:2024:i:1:p:1868-1881:n:1018
DOI: 10.2478/picbe-2024-0157
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