BIO Web of Conferences (Jan 2024)

Application of digital technologies in the logistics sector

  • Valeva Katia,
  • Nikolova-Alexieva Valentina

DOI
https://doi.org/10.1051/bioconf/202410204003
Journal volume & issue
Vol. 102
p. 04003

Abstract

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In recent years, we have witnessed the growing role and importance of logistics in achieving accelerated economic growth at various levels - company, regional and national. Significant interest in logistics services on a global scale has caused the growth of e-commerce, especially during the period of the Covid-pandemic. The rapid development of digital technologies in recent years has had a significant impact on this process. The logistics sector is among the most strongly influenced by technological progress. The advantages of digitization of logistics operations are associated with cost reduction, process optimization, quality improvement, customer satisfaction and companies’ competitiveness. The management of logistics and logistics operations is brought to the highest strategic level in the hierarchy of companies and a mandatory condition for preserving and increasing their market share. The research aims to identify the digital technologies of Industry 4.0, which are about to have the strongest impact on the development of the logistics sector, within the framework of the fourth industrial revolution.