IJIMT 2018 Vol.9(2): 108-111 ISSN: 2010-0248
doi: 10.18178/ijimt.2018.9.2.797

Digitalization in Transport and Logistics — Modern Challenges and Opportunities

A G Tsonkova
Abstract— The most important resource for business is time, which plays a crucial role in transport business because “time is money”. Transport is no longer defined as simply transporting goods from point A to point B; it is one of the most dynamically developing economic sectors. A transport firm has to be flexible and active and use innovative decisions in its management process in order to survive in the constantly changing dynamic market. Transport enterprises do not simply provide the standard package of services anymore – they also strive to offer new and innovative decisions whose main purpose is to fully optimize the work process and facilitate the work of all participants in the transport chain. The main challenge that the big players in the transport business face is making logistics smart, simple and safe. The drive towards satisfying the needs of customers who use logistic services and reacting to market changes becomes possible through the incorporation of innovations in the transport sector. The next step in the evolution and development of the transport sector is digitalization, which is already in motion.

Index Terms— Transport, logistics, digitalization, competition, business models, software, digital ecosystems, transport management.

A G Tsonkova is with the University of National and World Economy, Sofia, Students Town, Bulgaria (e-mail: tsonkova.asya@gmail.com).

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Cite: A G Tsonkova, " Digitalization in Transport and Logistics — Modern Challenges and Opportunities," International Journal of Innovation, Management and Technology vol. 9, no. 2, pp. 页, 2018.

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