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A Challenge of Services Management - Balancing the Price of Transportation

Author

Listed:
  • Norina Popovici

    (“Ovidius†University of Constanta)

  • Daniel Firică

    (“Ovidius†University of Constanta)

Abstract

The purpose of this paper is to underline the difficulty of balancing prices in a dynamic environment, strongly connected to the technological evolution, political decisions, global events and macroeconomic trends. In order to be able to highlight the level of the challenge it represents, we will also analyse the impact of uncertainty upon the economic environment during the current crisis generated by the COVID-19 pandemic, which is an unprecedented situation. The global competition in the last two decades, adopted by more and more companies, represents the greatest challenge faced by the field of logistics, challenges which involve constant adaptation, innovation, externalisation and changing strategies in record time. In an increasingly global economy, logistics and the costs of logistics will be decisive factors for competitivity and modernisation. Access to new outlets, raw materials and workforce depends on a single essential criterion: the existence of a functional transportation system.

Suggested Citation

  • Norina Popovici & Daniel Firică, 2021. "A Challenge of Services Management - Balancing the Price of Transportation," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 171-177, December.
  • Handle: RePEc:ovi:oviste:v:xxi:y:2021:i:2:p:171-177
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    More about this item

    Keywords

    transport; globalization; pandemic; technology;
    All these keywords.

    JEL classification:

    • L99 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Other

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