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Advisor(s)
Abstract(s)
Logistic services are central to the design and management of any supply chain. Due to recent technological advances, modern supply chains are challenging traditional market boundaries in ways that both influence and are influenced by consumer behavior (e.g., Amazon, Alibaba, or JD.com). Economically speaking, corporations are changing along the way resources are being used in production. At the firm level, management decisions follow cost efficiency and risk management principles, pursuing a costrisk tradeoff equilibrium. Theoretically, operations organized within the boundaries of the firm are just those for which the markets are unable to offer a more efficient alternative, whereas the link between buyers and sellers (i.e., demand and supply in the market) is intermediated by logistics services, such as transport, to mention but one. As technological innovation, social transformation, and consumer behavior threaten firms’ traditional boundaries, logistics need to adjust and adapt to new and emerging challenges, its costs, and risks to end consumers.
Description
Keywords
Citation
Cacho, J. L., Marques, L., Nascimento, Á. (2020). Customer-oriented global supply chains: port logistics in the era of globalization and digitization. In V. Chkoniya, A.O. Madsen, P. Bukhrashvili (eds.), Anthropological Approaches to Understanding Consumption Patterns and Consumer Behavior. (pp. 82-103). IGI Global
Publisher
IGI Global