scholarly journals Development of the Logistics 4.0 Concept in the Digital Economy

2020 ◽  
pp. 85-96
Author(s):  
N. Trushkina ◽  
◽  
H. Dzwigol ◽  
O. Serhieieva ◽  
Yu. Shkrygun ◽  
...  
Keyword(s):  
Big Data ◽  
Customer Service ◽  
Industry 4.0 ◽  
Business Processes ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Platforms ◽  
Delivery Times ◽  
Sustainable Logistics

The transition to a digital economy is becoming a key driver of GDP growth. This is due not only to the effect obtained from the automation of existing processes, but also from the introduction of new, breakthrough business models and technologies, including digital platforms, digital ecosystems, in-depth analytics of big data, Industry 4.0, Logistics 4.0. At the same time, digital transformation is seen as a radical change in the complex of business processes, from product development to customer service, as well as the introduction of modern digital technologies in the organization of business processes in enterprises. The purpose of the article is to analysis the features and trends of organizing logistics activities in the context of digital transformation of business processes; research of the main prerequisites for the formation of the Logistics 4.0 concept; determination of priority directions for its further development in the context of Industry 4.0. Based on the generalization of scientific approaches, the definition of the concept of "Logistics 4.0" has been clarified, which means the modern paradigm of managing logistic (material, financial, information, transport) flows and organizing a complex of logistics activities (purchase and delivery of material resources, warehousing, production, stock formation, recycling of industrial waste, customer service, transportation and sale of finished products) using breakthrough digital technologies and information systems. The priority areas of organizing the logistics activities of enterprises using digital technologies include the following: multichannel logistics; logistics marketplaces; rethinking the use of packaging; mass personalization; Silver Economy (new services for older clients and new opportunities for older workers); sustainable logistics; sharing economy; multi-supply; customer experience; smart containerization; big data analytics; augmented and virtual reality; cloud service applications and APIs; Internet of Things; robotics and automation; new generation wireless communication; blockchain; Artificial Intelligence; unmanned aerial vehicles or "drones"; 3D printing; unmanned vehicles; quantum computing; supergrid logistics; space logistics; the use of digital platforms that unite customers and transport and logistics companies (the parties can enter into digital contracts, exchange transport booking requests and electronic documents, control the delivery of goods in real time). All this can help to reduce costs by optimizing procurement; decrease in personnel costs and decrease in labour costs as a result of automation; reduction of errors in logistics; optimization of the supply process; efficient warehouse management; forecasting shipments; creation of optimal routes; operational planning of loads and control of delivery times; ensuring product delivery on time, improving customer loyalty; optimal interaction with customers on the "last mile".

scholarly journals Digital Transformation of Business Analytical Processes

2021 ◽  
Vol 8 (2) ◽  
pp. 62-70
Author(s):  
O. E. Mikhnenko
Keyword(s):  
Big Data ◽  
Business Intelligence ◽  
Business Processes ◽  
Digital Technologies ◽  
Business Environment ◽  
Digital Economy ◽  
Digital Transformation ◽  
Management Decision ◽  
Control Apparatus

Current development and management of economic activity is largely associated with the implementation of the concept of the digital economy, which poses new challenges for business intelligence. The set of tasks is formed in order to develop business intelligence so that it matches the improved management of economic subjects, and to ensure the quality of business processes when digital technologies are introduced. Improved management based on the concept of the business environment implies that monitoring principles are used to analyze the behavior of external business environment participants with the purpose to build a rational partnership relationship. The digital economy creates information opportunities in this area, as it provides the access to Big Data and their processing using Big data analytics technologies. With regard to the requirements of management, the article analyzes the behavior of elements of the internal business environment to develop a management solution to improve the effectiveness of their behavior. The high quality of the solution is provided by the information model being a highly adequate image of a particular object under control and the ability of the control apparatus to fully realize the volume of its inherent functions. Under these conditions, the digital transformation of analytical processes is based on its own information platform, which should use breakthrough digital technologies. The research uses such methods as systemic analysis to generalize the modern concepts of economic system management, development of digital technologies and their introduction into management decision-making processes.

scholarly journals Analysis of prospects for development of digital economies: Russian and global trends

2020 ◽  
Vol 2020 (4) ◽  
pp. 25-36
Author(s):  
Tatiana Aleksandrovna Levchenko ◽  
Dmitriy Maksimovich Levchenko
Keyword(s):  
Value Chain ◽  
Business Processes ◽  
Driving Forces ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Platforms ◽  
Global Trends ◽  
The World ◽  
The Republic

The article describes the digital economy as the most important trend in the world economic development in recent decades. Digital technologies have embraced the lives of individuals around the world, changed business processes and the activities of government bodies. There have been examined the main approaches to defining the essence of the digital economy, their transformation over the past 30 years and the formation of modern views, within which three main approaches to defining the digital economy have been identified: reproductive, cyber-system and institutional. The analysis of the development of the digital economy in the world was carried out using various indicators (business digitalization index, Information Communication Technologies development index, the level of digital competitiveness and others). As for the most digitally advanced countries, there can be mentioned the Scandinavian states, the Netherlands, the Republic of Korea, Hong Kong, Japan, Great Britain, and Switzerland. The largest digital economy in the world is in China. There are considered the main driving forces of the digital economy: a new data value chain and an increase in the number of digital platforms, accompanied by an increase in their quality. The main tendencies of digitalization processes in Russia are revealed: improvement of positions in world rankings, an increase in the proportion of economic entities actively using digital technologies. The development of the digital economy in Russia is constrained by a number of factors, which determines the need to use the successful experience of other countries in the following main areas: the development of digital platforms, the digital transformation of industry, and the improvement of the digital entrepreneurship ecosystem. The prospects for the development of the digital economy at the global and Russian levels are outlined: the growth in the rate of digitalization and its contribution to global economic growth and GDP, changes in the structure of employment, strengthening of the digital transformation of public administration.

scholarly journals DIGITAL TRANSFORMATION OF THE RUSSIAN ECONOMY AND ALIGNMENT OF ECONOMIC INTERESTS

2021 ◽  
Vol 230 (4) ◽  
pp. 410-416
Author(s):  
N.V. RASSKAZOVA ◽  
Keyword(s):  
Economic Growth ◽  
Transaction Costs ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Production Costs ◽  
Economic Interests ◽  
Digital Platforms ◽  
Russian Economy ◽  
Reproduction Process

The problems of the digital economy development are central, since the introduction of digital technologies in the reproduction process provides for increased efficiency and reduced production costs. This fact encourages the development of digital platforms and mechanisms that allow to accelerate the process of interaction between different actors and reduce the transaction costs of coordinating economic interests at the micro and macro levels, which will eventually lead to economic growth. In this regard, the problem of digitalization of the Russian economy and its branches is relevant.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY IN THE CONDITIONS OF DIGITAL TRANSFORMATION OF ECONOMIC SYSTEMS

2021 ◽  
Vol 26 (3(88)) ◽  
Author(s):  
Ivan Voronchak ◽  
Yuriy Vovk
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Personal Data ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Platforms ◽  
Environmental Consequences ◽  
The Government ◽  
Corporate Social

The paper investigates the theoretical and practical aspects of providing the corporate social responsibility in a digital economy. The digital transformation of economic activity necessitates a business response to fundamental new challenges and threats related to cybersecurity, privacy, copyright protection, blockchain, misinformation, ethical algorithms for artificial intelligence etc. The quantity and complexity of digitalization problems determines the need for a consistent and comprehensive approach to ensuring digital responsibility in economy. Corporate digital responsibility can be defined as a responsible and ethical using of digital technologies; forecasting the social, economic and environmental consequences of decisions made in the digital economy. The analysis of social reports and web resources of Ukrainian companies indicates that their potential of digital responsibility is limited to the digital skills transfer and partial using in communications with stakeholders. At the same time, there are promising ways of manifesting social responsibility of domestic enterprises: investments in digital infrastructure and education; using digital technologies to monitor the responsibility and business ethics of suppliers and contractors; digitalization of environmental management processes; protection of digital rights and personal data of customers, employees, partners; dialogue with real and potential stakeholders through digital channels. Foreign experience shows that it is efficient to form public-private partnership platforms in the field of digital responsibility and sustainable development. It is also appropriate for the government to develop and implement a strategy for the digital transformation, programs of economic and advisory support for digital social entrepreneurship; to form standards for assessing and reporting about corporate digital responsibility; to eliminate the institutional and legislative barriers to the digital economy development; to overcome the digital divide in society; to create algorithms for personal data processing and suitable digital platforms.

scholarly journals WORLD EXPERIENCE AND UKRAINIAN REALITIES OF DIGITAL TRANSFORMATION OF REGIONS IN THE CONTEXT OF THE INFORMATION ECONOMY DEVELOPMENT

2021 ◽  
Vol 3 (38) ◽  
pp. 316-325
Author(s):  
A. Samoilovych ◽  
О. Garafonova ◽  
O. Popelo ◽  
V. Marhasova ◽  
Yu. Lazarenko
Keyword(s):  
Industry 4.0 ◽  
Rapid Development ◽  
Developed Countries ◽  
Digital Economy ◽  
Digital Transformation ◽  
Successful Implementation ◽  
Information Economy ◽  
Digital Platforms ◽  
Current State ◽  
Digital Infrastructure

Аbstract. The current state of the implementation of digital technologies in Ukraine and the world in the context of the information economy development is studied. The key differences are identified, the need for systematic action at both regional and national levels for the effective implementation of digitalization is substantiated. Data on the level of the digital economy development in Ukraine in general, and in the regions in particular, as well as examples of successful implementation of digitalization in some countries, are presented. It is investigated that Ukraine is one of the first places in Europe in terms of population with the Internet access. It is established that the process of digitalization of Ukraine’s economy is qualitatively different from that in developed countries. In the context of rapid development of information economy in order to bridge the existing gap with developed countries in the digitalization process, Ukraine needs to implement a number of measures, including: creating a regulatory framework for digital economy, introducing and promoting digital platforms and services for business and population, establishing education systems in order to effectively train specialists in the digital age, creating an effective digital infrastructure, promoting the implementation of Industry 4.0 technologies in industry, etc.  The implementation of the proposed actions will bring Ukraine closer to the digitalization level of developed countries and increase social and economic development of the state. The article outlines the components of digital transformation of the regions of Ukraine, among which the emphasis is on creating an effective digital infrastructure; the introduction of Industry 4.0 technologies in industry; e-government and training of the workforce according to the requirements of digital economy. It is noted that the digitalization process should be systemic in nature at both national and regional levels. Keywords: digitalization, digital transformation, region, regional economy, information economy. JEL Classіfіcatіon O50; R11 Formulas: 0; fig.: 1; tabl.: 1; bibl.: 25.

THE FACTORS INFLUENCING THE SUCCESS OF INTRODUCTION OF DIGITAL TECHNOLOGIES INTO THE ACTIVITIES OF RUSSIAN ENTERPRISES

2021 ◽  
pp. 93-110
Author(s):  
Tatiana V. Gudkova ◽  
Alisa S. Kasparyan
Keyword(s):  
Regression Analysis ◽  
Business Processes ◽  
Digital Technologies ◽  
Digital Economy ◽  
Digital Transformation ◽  
Market Conditions ◽  
Industrial Enterprises ◽  
Factors Influencing ◽  
Modern Technologies ◽  
The Way

Currently, increased competition in all industries encourages enterprises to look for new ways to improve their competitiveness. Today, in the conditions of the digital economy, digital transformation, implying the introduction of modern technologies into all business processes, can become a key tool that allows you to quickly adapt to changes in market conditions. In this study, on the basis of regression analysis, the factors contributing to the success of the introduction of digital technologies at industrial enterprises in Russia, as well as the barriers that arise in the way of their digital transformation, are identified.

scholarly journals IOT Impacts and Digital Transformation at Listed Vietnam Banks

Webology ◽  
2021 ◽  
Vol 18 (Special Issue 04) ◽  
pp. 773-784
Author(s):  
Dr. Nguyen Thi Hang ◽  
Dinh Tran Ngoc Huy ◽  
Dinh Thi Hien ◽  
Vu Quynh Nam
Keyword(s):  
Business Model ◽  
Business Models ◽  
Business Processes ◽  
Industrial Revolution ◽  
Digital Economy ◽  
Digital Transformation ◽  
Digital Data ◽  
Customer Engagement ◽  
Digital Platforms ◽  
New Business

The Industrial Revolution 4.0 based on digital technologies has led to an unprecedented change in the socio-economic model. Therefore, countries in general and Vietnam are all aiming to develop the digital economy. The concept of digital transformation of the economy or development of the digital economy in Vietnam focuses on the following basic contents: 1) Developing digital businesses; 2) Digital transformation for traditional businesses (towards digitally integrated products; transforming business models on digital platforms; changing production processes based on digital data, automation, virtualization, etc.); 3) Development of digital finance; 4) E-commerce development. Therefore, digital transformation becomes an inevitable and objective trend, supporting banks to overcome challenges, create competitive advantages, and actively adapt to the context of digital transformation. In the context of the development of the digital economy in Vietnam is taking place strongly across industries and fields, requiring banks in Vietnam to have a transformation to a new business model. In this business model, it is necessary to integrate technology in operations and digitize business processes in the direction of automation and intelligence. Thereby, banks can perform activities of providing products and services on digital platforms, effectively exploiting data, thereby increasing experiences in business resolution and customer engagement. Besides, Internet of things has connect everything through internet, therefore risk management information system of Vietnam banks is also affected by IoTs and reliable internet data can help to enhance better RMIS in commercial banks. Generally, we want to emphasize effects of IoTs and digital transformation in banks operation and new business models.

Digitalization and its Strategic Implications for the Multinational Enterprise

2020 ◽  
pp. 373-400
Author(s):  
Pinar Ozcan ◽  
Basak Yakis-Douglas
Keyword(s):  
Industry 4.0 ◽  
Multinational Enterprises ◽  
Industrial Revolution ◽  
Multinational Enterprise ◽  
Digital Technologies ◽  
New Economy ◽  
Digital Transformation ◽  
Digital Platforms ◽  
Fourth Industrial Revolution ◽  
Digital Or

We have a diverse set of descriptions referred to as the “fourth industrial revolution”, Industry 4.0, or the “digital” or “new economy”, indicating that there is a seismic shift under way. Due to digital transformation arising from the combined effect of several digital technologies including IoT, 5G, cloud, blockchain, big data and artificial intelligence, companies today are being transformed, and for many, this transformation comes in ways that they have not experienced before. This may mean that firms entering new markets with digital technologies may be less dependent on mediators and be able to control the delivery of their products or services, while new entrants are likely to gain advantages from exploiting digital platforms. The chapter lays out how the classic principles of international competitive strategy are transformed in today’s markets due to digitalization and provides suggestions in terms of how firms, and particularly multinational enterprises (MNEs), can respond to these transformations.

scholarly journals DIGITAL TRANSFORMATION OF LOGISTICS BUSINESS PROCESSES IN THE AIR TRANSPORT MARKET

2021 ◽  
pp. 49-56
Author(s):  
Kharchenko M. ◽  
Tsymbalistova O. ◽  
Chernikhova O.
Keyword(s):  
Virtual Reality ◽  
Big Data ◽  
Internet Of Things ◽  
Business Processes ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Cloud Services ◽  
Transport Infrastructure ◽  
Logistics Management ◽  
Aviation Industry

The article is devoted to the article investigates scientific approaches to the digital transformation of logistics processes of aviation enterprises, analyzes the main tools for implementing innovative business models in the international and domestic practice of airlines. It is proved that the implementation of digital technologies in the system of business processes of aviation en-terprises affects the resulting performance indicators in general and the transformation of individual logistics business processes. An important aspect of the digital transformation of the aviation services sector is the adaptation of key business processes to ensure the flexibility of the business and its adaptation to changes in the global market. The directions of digital transformation of business processes of aviation enterprises are determined, including digitalization of processes of air movement (logistics) of passenger flows and cargoes, maintenance of aircraft, repair and restoration works, digitalization of commercial activity of airports, support and support of pilots and ground staff. The study examines the most common digital technologies that have become widespread in the logistics management process of the aviation company. Among them are biometric technologies, solutions based on blockchain technology (in order to save passenger data, flight information and financial transactions), VR (augmented reality) and AR (virtual reality), model­based engineering technologies, cloud services, technologies for processing and analysis of "big data", automation systems, 3D modeling technology, the Internet of Things, etc. Based on the analysis, the risk factors for the introduction of digital technologies in the system of logistics business processes of aviation enterprises are identified and structured. The main obstacles are: the insufficient high level of development of digital infrastructure in the field of logistics management, weak intersectoral coordination of activities to ensure the development of digital transport infrastructure, low demand for innovation in the domestic market and high competitiveness among aviation companies in international markets. Airlines, the difficulty of determining the effectiveness of digital technologies in the aviation industry. The directions and tenden-cies of digital transformation of logistic business processes of aviation enterprises in the conditions of turbulence and instability of the external environment are substantiated.Keywords: digitalization, business processes, digitalization, aviation, logistics flows, blockchain, cloud services, virtual reality, big data, Internet of Things, artificial intelligence. Статтю присвячено дослідженню трансформації бізнес­процесів авіаційної галузі та охоплює технологічні та організаційні аспекти, спрямовані на підвищення операційної ефективності роботи авіакомпаній, збільшення їх вартості, гнучкості та оптимізації показників безпеки. Доведено, що цифровізація логістичних бізнес­процесів авіакомпаній є важливим чин-ником підвищення їхньої конкурентоспроможності на міжнародних ринках. Охарактеризовано досвід провідних авіакомпаній щодо запровадження прогресивних технологій управління логістичними бізнес­процесами. Досліджено прогресивні технології, що впливають на розвиток ринку авіаперевезень: технології доповненої реальності, комп’ютерне проєктування, 3D­моделювання, хмарні сервіси, технології Internet of Things тощо. Виявлено перешкоди для цифрової трансфор-мації логістичних бізнес­процесів в індустрії авіаційних перевезень та сформовано тенденції цифрової трансформації національної авіаційної галузі.Ключові слова: цифровізація, бізнес­процеси, діджиталізація, авіація, логістичні потоки, блокчейн, хмарні сервіси, віртуальна реальність, «великі дані», Інтернет речей, штучний інтелект.

scholarly journals DIGITAL TRANSFORMATIONS IN THE CONDITIONS OF INDUSTRY 4.0 DEVELOPMENT

2021 ◽  
Vol 3 (38) ◽  
pp. 420-426
Author(s):  
O. Savytska ◽  
V. Salabai
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Business Processes ◽  
Industrial Revolution ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Cloud Services ◽  
Gradual Transition ◽  
Business Entities ◽  
Definition Of

Abstract. The article considers and analyzes the importance and main scientific approaches to determining the essence of digital transformation in the conditions of Industry 4.0 development. The opinions of domestic and foreign scientists on the definition of the essence of this concept are presented and it is determined that digitalization has an important role in the activities of modern enterprises. The definition of «digitalization» is proposed, that means the process of transition to digital business, which is the use of digital technologies to change business processes in the company and provide new opportunities for additional income and development prospects of business entities. It is determined that digitalization is a very popular and necessary process of transition to new business models in the activities of companies. The essence of the category «Industry 4.0» is considered and the main technologies and tools that contribute to the gradual transition to digitalization are presented. It is noted that Industry 4.0 is part and a leading trend of the Fourth Industrial Revolution. It is investigated that the transition to Industry 4.0 using digital tools is quite a trend, as these key technologies such as IoT, Big Data, cloud services, artificial intelligence today play a key role in the process of digitalization of companies. The main recommendations for adapting the business to digital transformations are given. The key directions of the development of digital technologies of Industry 4.0 are considered and presented. The industries that need digital transformation and those areas of business that are actively implementing digital products in their activities are identified. It was also found that the use of digitalization processes allows companies to optimize existing business models, gain new opportunities for business development, expand the scope of activities, and have tools to increase their efficiency and competitiveness. Keywords: digital transformation, digitalization­, digital technologies, Industry 4.0. JEL Classification O39, O33 Formulas: 0; tabl.: 1; fig.: 2; bibl.: 16.

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