Abstract
Globalization is progressing steadily and cannot be stopped. Through existing technologies, this process will be accelerated further. Entire professions and industries, as well as government and politics, must constantly adapt to this process. Many things can be created quickly, which, in turn, creates more vulnerability. These changes are supported by different technologies, which also change rapidly, not to mention the perception of time influencing people’s awareness. Things are faster and sometimes more fragile. In this context, supply chain is perceived as a mean of expressing globalization. The present paper emphasizes the switch of paradigm from classic logistics to smart logistics. The authors analysed several prestigious reports (released by World Economic Forum, Oxford Martin Commission for Future Generations, IEEE Computer Society, etc.) to highlight the global trends in supply chain processes. The main objective of the research is to shape the near future of logistics to prepare the production and transportation industry for change.
Highlights
Globalization means transforming the economy, culture, innovation and trade in new global synthesis, a new debate about how our civilization could develop into something better
Globalization refers to the close collaboration between nations in a free trade world, sharing global concerns such as climate, energy, economy, technology, security and democracy
The main objective of the research is to shape the near future of logistics to prepare the production and transportation industry for change
Summary
Globalization means transforming the economy, culture, innovation and trade in new global synthesis, a new debate about how our civilization could develop into something better. Globalization refers to the close collaboration between nations in a free trade world, sharing global concerns such as climate, energy, economy, technology, security and democracy. Globalization will support several new advanced systems. Industries around the world are working together to find better ways of doing business. The main objective of the research is to shape the near future of logistics to prepare the production and transportation industry for change. The paper presents, in great, a literature research towards mega trends revealed by prestigious worldwide entities. This study highlights mostly theoretical things about the future of globalization regarding Supply Chain Management
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