Managing logistics standards to increase the market competitiveness of the organization

By implementing the standardization of logistics services, modern organizations strive to reduce the cost of circulating inefficient services and improve overall efficiency, thereby aiding overall economic growth. The aim of this paper is to show how logistics standardization affects the development...

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Main Authors: Somborac Borko, Stevanović Mirjana, Jovanović Dejan
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2024-01-01
Series:Trendovi u Poslovanju
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Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2401101S.pdf
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author Somborac Borko
Stevanović Mirjana
Jovanović Dejan
author_facet Somborac Borko
Stevanović Mirjana
Jovanović Dejan
author_sort Somborac Borko
collection DOAJ
description By implementing the standardization of logistics services, modern organizations strive to reduce the cost of circulating inefficient services and improve overall efficiency, thereby aiding overall economic growth. The aim of this paper is to show how logistics standardization affects the development of corporate market competitiveness. First, the standardization of logistics services significantly promotes the corporate tendency to establish a long-term market position. Also, the standardization of logistics functions aims to mitigate financial fluctuations and accelerate organizational growth. And finally, the understanding of the globalization of business relations in the context of business logistics should show how traditional logistics functions have shifted towards modern trends. This paper also presents the role of logistics standardization in promoting corporate mechanisms in the context of restructuring operations aimed at increasing the adaptive capacity of the organization and its further distribution of services in different markets.
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institution Kabale University
issn 2334-816X
2334-8356
language English
publishDate 2024-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-04c99ac76d25447cbff5de07fe2448e12025-02-10T19:38:24ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562024-01-0112110110710.5937/trendpos2401108S2334-816X2401101SManaging logistics standards to increase the market competitiveness of the organizationSomborac Borko0https://orcid.org/0000-0001-5426-4181Stevanović Mirjana1Jovanović Dejan2Visoka škola akademskih studija "Dositej", Beograd, SerbiaVisoka škola akademskih studija "Dositej", Beograd, SerbiaVisoka škola akademskih studija "Dositej", Beograd, SerbiaBy implementing the standardization of logistics services, modern organizations strive to reduce the cost of circulating inefficient services and improve overall efficiency, thereby aiding overall economic growth. The aim of this paper is to show how logistics standardization affects the development of corporate market competitiveness. First, the standardization of logistics services significantly promotes the corporate tendency to establish a long-term market position. Also, the standardization of logistics functions aims to mitigate financial fluctuations and accelerate organizational growth. And finally, the understanding of the globalization of business relations in the context of business logistics should show how traditional logistics functions have shifted towards modern trends. This paper also presents the role of logistics standardization in promoting corporate mechanisms in the context of restructuring operations aimed at increasing the adaptive capacity of the organization and its further distribution of services in different markets.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2401101S.pdfbusiness logisticsstandardsorganizationcompetitivenesseconomic systems
spellingShingle Somborac Borko
Stevanović Mirjana
Jovanović Dejan
Managing logistics standards to increase the market competitiveness of the organization
Trendovi u Poslovanju
business logistics
standards
organization
competitiveness
economic systems
title Managing logistics standards to increase the market competitiveness of the organization
title_full Managing logistics standards to increase the market competitiveness of the organization
title_fullStr Managing logistics standards to increase the market competitiveness of the organization
title_full_unstemmed Managing logistics standards to increase the market competitiveness of the organization
title_short Managing logistics standards to increase the market competitiveness of the organization
title_sort managing logistics standards to increase the market competitiveness of the organization
topic business logistics
standards
organization
competitiveness
economic systems
url https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2401101S.pdf
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