Abstract:

The strategic position of each company does not depend exclusively on the quantity and quality of the resources it has, but on the position it occupies within the network in which it operates. Networking helps reduce transaction costs and business coordination: Valuable information about customers, suppliers, competitors, and good partners is easily shared among network stakeholders, resulting in savings in transaction costs. There may be high transaction costs when there are two different stages of property ownership, and the 4th industrial revolution seeks to challenge the logistical areas for technological digitization and large domain integration and seeks to present a new operational, organizational, and managerial paradigm that will be termed : logistics 4.0. Methodologically, the research is based on a bibliographical review and seeks to find grounds that theoretically justify the reduction of Transaction Costs through Logistics 4.0. Information speed is a major influencer of good results, and improvements in the transmission of information and knowledge seek to improve the management of organizations through their networks and aims to reduce their transaction costs from the new technological and logistical revolutions. Logistics 4.0 is based on intelligence and technological equipment and is developed with online tools, seeking to respond to faster, virtual and automatic information systems.