THE INFLUENCE OF LOGISTICS INNOVATIONS ON MANAGEMENT OF FREIGHT-TRANSPORTATION PROCESSES

2020

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DOI 10.17512/pjms.2020.21.1.32
Data confidence 85 high
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Abstract

Time is one of the main factors, and it affects the decision of costumers while choosing a particular transportation company. Every stage of logistics processes takes a particular period. That is why almost every firm thinks about the ways of decreasing the time wastes in order to maximize the profit of business. The objective of this research is to explore how different logistics innovations can affect freight transportation processes and save operational time. To achieve this goal and explore the topic more deeply, a list of articles published in worldwide databases related to this domain was analyzed and interpreted. The survey on freight transportation was used to get a better knowledge of today’s situation of freight systems. Based on the result of this article, it is suggested that new ideas for the management of companies in this sphere are suggested. The findings of this research can help Kazakhstan’s logistics companies to develop better strategies and to adopt innovative logistics technologies into freight transportation. They can make them become innovation-based logistics service providers.