Digital Transformation of Logistics: Demystifying Impacts of the Fourth Industrial Revolution

The digital transformation is transforming how we live, work, and communicate, with new technologies, innovative platform business models, and employees struggling to cope. The Fourth Industrial Revolution is predicted to transform Logistics and Supply Chain Management, with delivery systems becoming automated, smart networks created everywhere, and data being collected and analyzed universally. The Digital Transformation of Logistics: Demystifying Impacts of the Fourth Industrial Revolution provides a holistic overview of this vital subject, divided into three themed sections: technologies, platforms, and people. It discusses the use of self-driving cars, 3D printing, RPA, Blockchain, and Cloud computing in supply chain challenges, as well as smart contracts, SaaS offerings, marine terminal operating systems, and the cold chain industry. It also explains how executives can create sustainable impact and how competencies can be managed in the digital age, and provides best practices for organizational culture change and managing strategic alliances with logistics service providers.

Format: Paperback / softback
Length: 480 pages
Publication date: 30 April 2021
Publisher: John Wiley and Sons Ltd

The digital transformation is sweeping across society, fundamentally altering our lives, work, and interactions with one another. This transformative shift is evident in various industries, from retail to finance, as new technologies, innovative platform business models, and significant changes challenge employees to adapt. The Fourth Industrial Revolution, predicted to revolutionize logistics and supply chain management, is already underway, bringing about automated delivery systems, ubiquitous smart networks, and universal data collection and analysis.

In their comprehensive book, "The Digital Transformation of Logistics: Demystifying Impacts of the Fourth Industrial Revolution," the authors delve into the intricacies of this evolving field, providing a holistic perspective that is often clouded by hype and misinformation. The book is organized into three themed sections:

Technologies: The authors explore a range of cutting-edge technologies, including self-driving cars, virtual reality, the Internet of Things (IoT), 3D printing, Robotic Process Automation (RPA), Blockchain, and Cloud computing. They showcase real-world use cases that illustrate the potential of these technologies to address supply chain challenges and transform the industry.

Platforms: The authors examine the impact of platforms that enable businesses to centrally acquire and manage their logistics services. They discuss the disruption caused by these platforms, which challenge the traditional relationship-based model of the industry. They explore exciting applications of Blockchain, such as smart contracts, and Software as a Service (SaaS) offerings for freight procurement, which integrate multiple data sources and automate decision-making processes.

Impacts: The authors examine the far-reaching implications of the digital transformation on logistics and supply chain management. They discuss the potential for increased efficiency, reduced costs, improved customer satisfaction, and greater sustainability. They also address the challenges and opportunities that arise, such as the need for workforce training, data privacy and security, and the integration of new technologies with existing systems.

"The Digital Transformation of Logistics: Demystifying Impacts of the Fourth Industrial Revolution" is a valuable resource for professionals, policymakers, and anyone interested in understanding the future of logistics and supply chain management. It offers a comprehensive and insightful exploration of the technological, platform, and impact dimensions of this transformative era, providing valuable insights and practical recommendations for navigating the changing landscape.

As the digital transformation continues to unfold, it is clear that logistics and supply chain management will play a pivotal role in shaping the future of industries and societies. By embracing new technologies, leveraging innovative platforms, and adapting to the changing landscape, organizations can gain a competitive advantage, improve operational efficiency, and drive sustainable growth. The time is now to embrace the digital revolution and unlock the full potential of logistics and supply chain management.

Weight: 826g
Dimension: 170 x 245 x 34 (mm)
ISBN-13: 9781119646396