The Impact Of Digital Business On Comeptitive Advantages Of Social And Economic Systems

Abstract:

Competitiveness of modern national social and economic systems depend on the digital technologies and they are the key economic drivers. Depending on the degree of information progress influence the market dictates new trends for all the industries. This means that digitalization opens promising prospects of effectiveness of warehouse stocks management and logistics processes. At that, automated management systems of supply chains ensure significant optimization of stocks of end products, raw materials, spare parts at a warehouse of an enterprise. At the same time digital instruments also reduce logistic costs, help the owners plan routes more effectively, control transport loading, establish correct logistic priorities in the company’s operations. Thus, large companies will be able to interact with technological businessmen and IT specialists by creating venture funds and business incubators specializing on Industry 4.0 technologies and also as part of technological contests aimed at solving of business problems.

nsdlogo2016