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The Logistics 4.0 Implementation Supported by the Balanced Scorecard Method

Author

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  • Anna Saniuk

Abstract

Purpose: The main purpose of this research was to develop a strategy supporting effectively the implementation of the Logistics 4.0. concept dedicated to small and medium transport enterprises. Design/Methodology/Approach: The research process consisted of the theoretical and the empirical parts. The analysis of the current literature about the main assumptions of the Logistics 4.0 and methods of strategy building was conducted in the theoretical part. The model of the strategy map based on the Balanced Scorecard method was developed in the empirical part. Findings: The proposed model supports the implementation of new solutions that use new technologies for modern communication and information transfer as well as limiting the main threats associated with them. Implementation of the Logistics 4.0 is a real challenge especially for small and medium enterprises due to the high costs of new technologies introduction and the necessary infrastructure. Therefore, solutions that support the implementation of the Logistics 4.0 are particularly important, increasing the effectiveness of its implementation and reducing the risk of liquidity loss. The model allows the implementation of Logistics 4.0 to be easily monitored and controlled and efficiency to be increased. Practical Implications: The proposed model is a simple solution that can be easily applied in small and medium transport enterprises in practice. Its implementation costs are low. Originality/Value: The presented research is a part of a large own study which main goal is to investigate the possibility of applying existing management methods and developing new methods for the effective implementation of the Industry 4.0 concept in practice.

Suggested Citation

  • Anna Saniuk, 2022. "The Logistics 4.0 Implementation Supported by the Balanced Scorecard Method," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 198-207.
    • Handle: RePEc:ers:journl:v:xxv:y:2022:i:1:p:198-207
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    References listed on IDEAS

    as
    1. Sven Winkelhaus & Eric H. Grosse, 2020. "Logistics 4.0: a systematic review towards a new logistics system," International Journal of Production Research, Taylor & Francis Journals, vol. 58(1), pages 18-43, January.
    2. Winkelhaus, S. & Grosse, E. H., 2020. "Logistics 4.0: a systematic review towards a new logistics system," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 118539, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
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    More about this item

    Keywords

    Logistics 4.0; Industry 4.0; Balanced Scorecard (BSC); transport company; strategy; strategy map.;
    All these keywords.

    JEL classification:

    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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