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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Format: | Article |
Language: | English |
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Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
2024-01-01
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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. |
format | Article |
id | doaj-art-04c99ac76d25447cbff5de07fe2448e1 |
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 |
work_keys_str_mv | AT somboracborko managinglogisticsstandardstoincreasethemarketcompetitivenessoftheorganization AT stevanovicmirjana managinglogisticsstandardstoincreasethemarketcompetitivenessoftheorganization AT jovanovicdejan managinglogisticsstandardstoincreasethemarketcompetitivenessoftheorganization |