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Role of Technologies in Import and Export of Goods

In: Transforming Logistics in a Developing Nation

Author

Listed:
  • Irfan Ul Haq

    (RMIT University)

  • Scott Douglas McDonald

    (RMIT University)

  • Mohammedreza Akbari

    (James Cook University)

Abstract

Logistics, a critical subset of the supply chain, refers to the storage and movement of physical goods within the supply chain. This chapter focuses on technology's role in importing and exporting goods. Rapid technological advancements have opened remarkable opportunities for the logistics and supply chain sectors across the globe. Logistics has propelled the sector to become one of the most rapidly growing segments worldwide. With the emergence of industrialisation and flux of e-commerce platforms, businesses can now offer an array of services worldwide. This shift towards the use of technologies to import and export goods and services internationally is streamlining the supply chain by mitigating numerous entry barriers, minimising transaction costs and expanding markets. This chapter focuses on the role of technology in the import and export of goods. Additionally, investigating the thematic development and trends identifies that technology enables businesses to reach global markets and streamline transactions, optimises processes efficiency, innovate eco-friendly manufacturing, tracking and tracing products across international logistics. Although adopting advanced logistics technologies can lead to increased efficiency, agility, and competitiveness, organisations in the logistics sector will be better positioned to thrive in the digital age.

Suggested Citation

  • Irfan Ul Haq & Scott Douglas McDonald & Mohammedreza Akbari, 2024. "Role of Technologies in Import and Export of Goods," Springer Books, in: Scott Douglas McDonald & Minh Duong Kim Ngo (ed.), Transforming Logistics in a Developing Nation, chapter 0, pages 191-209, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-7819-5_6
    DOI: 10.1007/978-981-97-7819-5_6
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