Role of Technologies in Import and Export of Goods
Ul Haq, Irfan, McDonald, Scott Douglas, and Akbari, Mohammedreza (2024) Role of Technologies in Import and Export of Goods. In: McDonald, Scott Douglas, and Ngo, Minh Duong Kim, (eds.) Transforming Logistics in a Developing Nation: Vietnam’s Technology Imperative. Palgrave Macmillan, Singapore, pp. 191-209.
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Abstract
Logistics, a critical subset of the supply chain, refers to the storage and movement of physical goods within the supply chain. This chapter focuses on technology's role in importing and exporting goods. Rapid technological advancements have opened remarkable opportunities for the logistics and supply chain sectors across the globe. Logistics has propelled the sector to become one of the most rapidly growing segments worldwide. With the emergence of industrialisation and flux of e-commerce platforms, businesses can now offer an array of services worldwide. This shift towards the use of technologies to import and export goods and services internationally is streamlining the supply chain by mitigating numerous entry barriers, minimising transaction costs and expanding markets. This chapter focuses on the role of technology in the import and export of goods. Additionally, investigating the thematic development and trends identifies that technology enables businesses to reach global markets and streamline transactions, optimises processes efficiency, innovate eco-friendly manufacturing, tracking and tracing products across international logistics. Although adopting advanced logistics technologies can lead to increased efficiency, agility, and competitiveness, organisations in the logistics sector will be better positioned to thrive in the digital age.
Item ID: | 84218 |
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Item Type: | Book Chapter (Research - B1) |
ISBN: | 978-981-97-7821-8 |
Keywords: | Logistics Technology; Supply Chain Efficiency; Global Market Access; Digital Transformation |
Copyright Information: | © 2024 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. |
Date Deposited: | 03 Dec 2024 00:54 |
FoR Codes: | 35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3509 Transportation, logistics and supply chains > 350909 Supply chains @ 10% 35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3509 Transportation, logistics and supply chains > 350903 Logistics @ 60% 35 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 3503 Business systems in context > 350307 Technology management @ 30% |
SEO Codes: | 15 ECONOMIC FRAMEWORK > 1503 Management and productivity > 150302 Management @ 100% |
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