Transforming Logistics Within Modern Business Processes
Transforming Logistics Within Modern Business Processes

Author(s): Slavica Radosavljević, Biljana Grgurović, Jelena Milutinović, Stevan Veličković
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Summary/Abstract: The evolution of logistics within modern business processes is a pivotal factor in achieving success and attaining a competitive edge. Leveraging available technologies and data opens up significant opportunities, primarily centered around more precise and efficient forecasting, planning, and execution of logistics operations. Adopting a proactive approach in the logistics process involves foreseeing customer needs, identifying avenues for enhancement, and clearly formulating solutions before customers articulate their requirements. This proactive stance is crucial for cultivating enduring customer relationships, amplifying sales, and elevating the overall customer experience. Various facets of this transformation seamlessly intertwine and mutually reinforce one another, underscored by the potential advantages they offer businesses, including heightened visibility, cost savings, and operational efficiency. This paper investigates pivotal aspects, notably process automation, cutting-edge solutions, autonomous technologies, sustainability initiatives, collaborative efforts, and interconnection among diverse companies. Additionally, we explore the significance of predictive analytics coupled with adaptive strategies, emphasizing the imperative of adapting to emerging trends in logistics-based systems.

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