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New Logistics And Production Trends As The Effect Of Global Economy Changes

Author

Listed:
  • Gyorgy Kovacs

    () (University of Miskolc, Institute of Logistics)

  • Sebastian Kot

    () (Czestochowa University of Technology, the Management Faculty, Poland and North-West University, Faculty of Economic Sciences and IT, South Africa)

Abstract

The growing market globalization, increasing global competition, and more complex products results application of new technologies, methods and business processes. Fast changing market environment and fluctuating customer demands require efficient operation of logistical processes. In this study the logistical tendencies and challenges are introduced with reasons and driving forces. Tendencies in the changes of customer demands, production requirements, formation of supply chains, inventory strategies, transportation activities and activity of the logistics service sector are analyzed. Finally the Industry 4.0 conception is introduced which will change the production and logistical processes drastically.

Suggested Citation

  • Gyorgy Kovacs & Sebastian Kot, 2016. "New Logistics And Production Trends As The Effect Of Global Economy Changes," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 14(2), pages 115-126, December.
  • Handle: RePEc:pcz:journl:v:14:y:2016:i:1:p:115-126
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