The impact of digitalization on logistics costs of companies

Digitalization is a key factor in today’s economic development, with a significant impact on various industries, including logistics. With the growing need to optimize business processes and reduce costs, digitalization becomes particularly relevant. Various definitions of the term “digitalization” have been considered in order to choose the most appropriate one for analyzing its impact on logistics and companies’ economy. It has been emphasized that digitalization in logistics, including implementation of electronic document management and modern information technologies, contributes to a significant reduction in operating costs, process acceleration, and risk minimization. The current impact of logistics on companies’ costs in conditions of economic instability has been analyzed, which emphasizes the increasing role of digital technologies in improving competitiveness and business efficiency. The purpose of the study is to give the author’s definition of digitalization in the logistics sphere, to determine its role in the processes occurring in the industry, and to reflect the impact of these processes on companies’ costs. Using the method of systematic analysis of scientific sources and regulatory documents governing the sphere, the trends of digital transformation of companies in the field of logistics, which are relevant today, have been investigated. The hypothesis of the study is that the choice of the digitalization definition, which covers not only technological aspects, but also management decisions, will allow a more accurate assessment of its impact on economy and efficiency of enterprises. The necessity of continued investment in digitalization for successful business in the current environment has been emphasized.

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