Abstract

The main purpose of the study is to propose possible ways of improving the supply chain management of China’s railway logistics system as part of the ongoing “One Belt One Road” initiative. Based on a multi-aspect analysis of scientific sources, the impact of the “One Belt One Road” initiative on the railway logistics system of China is justified. The author’s forecast results of rail freight transportation for the period 2022-2030 are given. It was revealed that the digital transformation of supply chain management is the main tool for improving the efficiency of China’s railway logistics system. Within the framework of scientific novelty, a range of basic elements of digital transformation and digital solutions are indicated that can be included in each of the areas of railway transport management. The prospects for the development of supply chain management of China’s railway logistics system in the view of “One Belt, One Road” initiative are identified and the corresponding innovative digital tools in the field of logistics are justified. It is concluded that the use of the latest digital technologies by rail carriers contributes to high performance and maintaining a competitive position in the logistics market, which is an integral part of the transition to sustainable rail freight transport.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.