International Congress on Eurasian Economies

International Congress on Eurasian Economies

19-20 September 2023 – İzmir - TURKEY

Paper properties

Paper ID : 2819
Status : Paper published
Language : English
Topic : International Trade and Globalization
Presenter: Dr. Kübra Göksu Köstepen Özbek
Session : 1D Sectoral Analysis I

Agile Approaches of Businesses in Logistics and Supply Chain
Agile Approaches of Businesses in Logistics and Supply Chain

Abstract

Modern logistics requires companies which implement ease of access, quick information processing, and security conditions in their enterprises. The foundation of this transformation lies in transportation processes that prioritize customer demands for reduced transit times, product availability, and efficient delivery. Modern systems encompass transportation exchanges, as well as tools like TMS (Transportation Management Systems), ERP (Enterprise Resource Planning), and Truck & Tracing systems. These systems enable logistics professionals to navigate the entire logistics process chain. In the present day, companies are adopting a project management approach to develop innovative solutions for their operations. According to the Project Management Institute (PMI) market research, project management practitioners widely embrace agile principles as an effective project management technique. By utilizing TMS, ERP, warehouse control systems, and other automated planning, organizing, and control tools for logistics activities, businesses can drive operational improvements. In the future, businesses will establish global networks that leverage cyber-physical systems encompassing machinery, warehouse systems, and production facilities. This research aims to explore how companies are implementing new agile approaches in their logistics and supply chain services, as well as the impact of logistics 4.0 and logistics 5.0 on businesses and customer service. In this research, more samples from the industries are examined and a comprehensive literature review regarding logistics and supply chain are presented.

JEL codes: F10, F19

Köstepen Özbek, Kübra Göksu (2023). "Agile Approaches of Businesses in Logistics and Supply Chain" in Proceedings of International Conference of Eurasian Economies 2023, pp.413-419, İzmir - TURKEY.

DOI: https://doi.org/10.36880/C15.02819

Full paper in PDF format.

Session 1D: Sectoral Analysis I

Eurasian Economists Association 9 Eylül University Istanbul Beykent University Kyrgyz-Turkish Manas University Doğuş University