Department of Logistics

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Competitive strategies for firms in the global digital economy
(Stellenbosch : Stellenbosch University, 2000-12) Barendse, James; Heyns, G. J.; Stellenbosch University. Faculty of Economic and Management Sciences. Dept. of Logistics.
ENGLISH ABSTRACT: Technology has become one of the most important factors in the business world today. Information technology is playing an ever-increasing role in all areas of business. Logistics is no exception, and is one of the areas most affected by technological change. Many firms need to adapt technologically, or they might face extinction. This study aims to make firms aware of the power of information technology and the benefits it holds for those who use it. It tries to inform firms about the various uses and applications that exist and how they can improve business processes. It sets guidelines for the implementation of information technology and allows the firm to make an informed choice. It also discusses the growing role that the Internet is playing in logistics and the business world as a whole. Tips for the implementation of an electronic commerce system are also given, and the effects of electronic commerce on logistics are discussed. The firms can use the information to plan their strategies more effectively and hopefully find success in the global digital economy.