Conceptual basis of using digital technologies for reducing transport costs in product price

Abstract

The article presents the conceptual foundation of integrated management of digital transformation processes in transport which plays an important role in support of industrial production and determines the prices of products. The paper substantiates the interrelated use of the following concepts in building the integrated management system for digital transport: Industry 4.0, process management, sustainable development, stakeholder influence, value-based management, lean production and risk management. Improving the theoretical basis of the digital transformation management system in transport will allow industrial enterprises to improve the efficiency of their activity, taking into account the expectations of stakeholders. Examples of practical implementation of conceptual provisions are presented. The author suggests to use the specific key performance indicators that allow to evaluate the effectiveness of the proposed integrated management system for digital transport systems based on the considered concepts. The achieved results form the scientific basis for elaboration and implementation of the economic mechanism for ensuring sustainable increasing efficiency of transport organizations, serving the industrial production and determining distribution costs in conditions of the digital economy.

Risks of digital transformation of transport logistics in priority market segments

“…That means increasing competitiveness of the domestic goods in the global market. It should be noted, that in many international logistics systems, transportation costs account for the largest share in the cost of production, as noted in a scientific study [6]. In [7], it is stated, that the transport component in logistics systems (depending on the industry) accounts for from 30% to 70% of total logistics costs.…”