Innovative Strategies in Logistics and Supply Chain Management: Navigating Modern Challenges

In the current landscape of global commerce, logistics and supply chain management stand at the forefront of both opportunity and challenge, significantly influenced by the relentless march of globalization and the rapid pace of technological innovation. As companies strive to maintain competitive e...

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Bibliographic Details
Main Author: Lai Yingying
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2024/03/shsconf_icpahd2024_02020.pdf
Description
Summary:In the current landscape of global commerce, logistics and supply chain management stand at the forefront of both opportunity and challenge, significantly influenced by the relentless march of globalization and the rapid pace of technological innovation. As companies strive to maintain competitive edges, the intricacies of managing the flow of goods, information, and capital across vast geographic and digital landscapes have become more pronounced than ever. This comprehensive paper delves into the heart of these complexities, dissecting the pivotal aspects of digital transformation, environmental sustainability, and robust resilience within supply chain ecosystems. By weaving together a rich tapestry of contemporary literature and illustrative case studies, this exploration yields a wealth of practical insights. It underscores the necessity of integrating cutting-edge digital technologies such as the Internet of Things (IoT), artificial intelligence (AI), and blockchain to streamline supply chain operations and enhance real-time decisionmaking. Simultaneously, it highlights the growing imperative for sustainability, pushing organizations to implement eco-friendly practices and reduce carbon footprints in a bid to address mounting environmental concerns. Furthermore, the paper addresses the vital issue of supply chain resilience, examining strategies that can enable businesses to withstand disruptive events and rebound from challenges with agility and minimal impact. Within these discussions, the document underscores innovative strategies capable of elevating logistics and supply chain efficiency, advancing green initiatives, and ensuring that these complex networks can adapt and thrive amidst an ever-shifting global business milieu. By meticulously analyzing the intersection of these critical factors, the study presents a blueprint for navigating the intricate web of modern-day logistics and supply chain dynamics, offering guidance for practitioners aiming to excel within this fast-evolving sector.
ISSN:2261-2424