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Achieving The Customized “Rights” Of Logistics By Adopting Novel Technologies: A Conceptual Approach And Literature Review

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  • Teoman, Seyhan

    (Maltepe University, Faculty of Business and Management Sciences, International Trade and Logistics Department., Istanbul. Turkey.)

Abstract

From the early 2000s, with the rapid expansion and increasing complexity of supply chains, the logistics literature has frequently referred to "the seven rights of logistics (7Rs)" that linked business logistics to the key strategic objectives of cost competitiveness, quality, flexibility, and agility. The 7Rs are described as to deliver the “right product”, in the “right quantity”, in the “right quality”, at the “right place”, at the “right time” for the “right customer” and at the “right cost”. The 7Rs suggest a generic roadmap for achieving efficiency, effectiveness, and a higher level of customer satisfaction in logistics services. However, within the last decade, customers' demand for customized products and services has increased dramatically. The generic 7Rs of logistics tends to differ for almost every individual customer, so the new focus is “the customized rights of logistics". This new paradigm forces businesses to explore and to experience new methods and tools to transform logistics processes to be faster, more flexible and more customer-oriented than ever before. The aim of this paper is to explore the benefit of adopting novel technologies in business processes to achieve the customized rights of logistics. Our research findings reveal that the adoption of novel technologies in logistics processes significantly leverages the ability of logistics service providers to offer customized solutions for their customers.

Suggested Citation

  • Teoman, Seyhan, 2020. "Achieving The Customized “Rights” Of Logistics By Adopting Novel Technologies: A Conceptual Approach And Literature Review," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 11(2), pages 231-242.
    • Handle: RePEc:ris:utmsje:0299
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    References listed on IDEAS

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    1. Wang, Gang & Gunasekaran, Angappa & Ngai, Eric W.T. & Papadopoulos, Thanos, 2016. "Big data analytics in logistics and supply chain management: Certain investigations for research and applications," International Journal of Production Economics, Elsevier, vol. 176(C), pages 98-110.
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    3. Subramanian, Nachiappan & Abdulrahman, Muhammad D. & Zhou, Xiaolai, 2014. "Integration of logistics and cloud computing service providers: Cost and green benefits in the Chinese context," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 70(C), pages 86-98.
    4. Sandun Perera & Milind Dawande & Ganesh Janakiraman & Vijay Mookerjee, 2020. "Retail Deliveries by Drones: How Will Logistics Networks Change?," Production and Operations Management, Production and Operations Management Society, vol. 29(9), pages 2019-2034, September.
    5. Mehrdokht Pournader & Yangyan Shi & Stefan Seuring & S.C. Lenny Koh, 2020. "Blockchain applications in supply chains, transport and logistics: a systematic review of the literature," International Journal of Production Research, Taylor & Francis Journals, vol. 58(7), pages 2063-2081, April.
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    More about this item

    Keywords

    customized logistics; novel technologies; the seven rights of logistics;
    All these keywords.

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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