FUTURE OF LOGISTICS IN EMERGING BUSINESS MODELS- AN OVERVIEW

SAMBASIVAM YUVARAJ, SHEILA EVELINE

Abstract


The dawn fourth Industrial revolution has brought a huge change in the world. Everything has become digitalised. Its impact is seen in every sector. With increase in the globalisation, even the logistics industry is witnessing massive changes. Logistics industry also plays an important role in the country’s economy. The changes which are introduced in the logistics industry is based on the customers expectation, changes in technology, changes which are brought in by the government policies, environmental changes, changes which has to be made to face the competitors, etc. In order to face these changes many business models are being introduced. Thebusiness model is becoming the buzz word in the current scenario. It benefits both the companies and the customers. Therefore, this paper is to understand the changes which are coming up in the future of logistics industry in emerging business models.


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ISSN : 2251-1547