"REVOLUTIONIZING TRADITIONAL LOGISTICS: INTEGRATING DIGITAL TECHNOLOGIES IN LOGISTIC AND TRANSPORT MANAGEMENT”
Abstract
As the logistics landscape evolves with Industry 4.0, the adoption of digital solutions becomes imperative for organizations seeking enhanced efficiency and competitiveness. The area of logistics has continuously adapted to societal, industrial, and technical advancements throughout history. Logistics 4.0 emerged in recent years as a result of the fourth industrial revolution and technology advancements in the 21st century. The advent of ICT (Information and Communication Technologies) facilitated novel approaches to data interchange, as well as the integration of value chains in both horizontal and vertical directions, leading to the emergence of innovative business models. This study explores the transformative impact of integrating digital technologies in traditional logistics and transport management. The research aims to elucidate the methodologies and strategies involved in revolutionizing traditional logistics through the seamless integration of digital technologies.
The methodology involves a comprehensive review of existing literature to understand the current state of traditional logistics, the challenges it faces, and the potential benefits offered by digitalization. The study employs a both quantitative and qualitative approach to analyse the objectives of study and examples of successful digital transformations in logistics. Survey/ questionnaire responses of industry experts and professionals provided valuable insights into the practical aspects of implementing digital technologies. Furthermore, a quantitative survey conducted among logistics and transport management professionals to gather data on the extent of digital technology adoption, its perceived impact on operational efficiency, and the challenges faced during the implementation process. By synthesizing both qualitative and quantitative findings, this research offered a holistic understanding of how digital technologies can revolutionize traditional logistics, streamline transport management, and contribute to overall operational excellence. The study contributes valuable insights to both academia and industry, guiding organizations in navigating the complexities of digital transformation in the logistics sector.
Keywords: Industry 4.0, Logistics 4.0, traditional logistics, digitalization, transport management