Strategies for Effective Logistics Outsourcing: A Case Study in the Serbian Market

Journal Title: Journal of Organizations, Technology and Entrepreneurship - Year 2024, Vol 2, Issue 1

Abstract

The viability of numerous businesses in today’s competitive landscape is significantly influenced by their ability to successfully implement outsourcing strategies, particularly in the realm of logistics. Despite the extensive body of literature exploring the multifaceted dimensions of outsourcing, there remains a notable gap in research specifically addressing logistics outsourcing in distinct markets through in-depth case studies. This analysis seeks to bridge this gap by providing a comprehensive examination of the logistics outsourcing process, as evidenced by a case study within the Serbian market. The research delineates the essential steps required for the establishment of a productive logistics partnership, encompassing the identification of needs, selection of a trusted Logistics Provider (LP), integration of logistics solutions with existing IT systems, delegation of goods handling, assignment of intralogistics responsibilities to maintain compliance with prevailing standards, specification of shipping and delivery requisites, and the continuous monitoring of activities and key performance indicators (KPIs). Through a detailed exploration of transportation, customs clearance, warehousing, customs declaration filing, document exchange, software implementation, and cargo insurance, the study illuminates the intricate processes involved. It is highlighted that the key advantages of such collaborations include enhanced efficiency and streamlined operations, while potential risks involve dependency and loss of control over logistics functions. The distinctiveness of this study lies in its comprehensive approach to outsourcing, encompassing seven critical activities, as opposed to the existing literature which predominantly focuses on the outsourcing of singular services. By offering both theoretical insights and practical implications, this research not only contributes to the existing body of knowledge but also paves the way for future investigations into logistics outsourcing, with a particular emphasis on the Serbian market.

Authors and Affiliations

Milan Andrejić;Vukašin Pajić

Keywords

Related Articles

Assessment of Human Resources Performance in Urban Maintenance Tasks: An MCDM Approach

The escalating migration from rural to urban locales necessitates an augmented demand for the workforce, local utility services, and mechanization to sustain a balance conducive to public health. This investigation delin...

Directors’ and Officers’ Liability Insurance, Risk Taking, and Corporate Strategic Deviation

Directors’ and Officers’ (D&O) liability insurance is a type of professional liability insurance that provides a safety net for corporate risks. This study, using data from Shanghai and Shenzhen A-share listed companies...

Hybrid Multi-Criteria Decision-Making Model for Optimal Selection of Cold Chain Logistics Service Providers

In the context of the global supply chain, the selection of Cold Chain Logistics Service Providers (CCLSPs) emerges as a paramount challenge, particularly for the transportation of temperature-sensitive goods. This study...

Prioritizing Success Factors for the Performance of Sustainable Business Incubators: A Case Study of Andalas University

Studying the success factors of sustainability-focused business incubators is crucial because these incubators support startups that address environmental and social challenges, promoting sustainable development. Underst...

Industry 4.0 and Its Impact on Entrepreneurial Ecosystems: An Examination of Trends and Key Implications

In the burgeoning nexus between Industry 4.0 and entrepreneurial ecosystems, a transformative and disruptive dynamic has been observed. Defined by the integration of digital technologies into traditional sectors, Industr...

Download PDF file
  • EP ID EP745647
  • DOI https://doi.org/10.56578/jote020102
  • Views 14
  • Downloads 0

How To Cite

Milan Andrejić;Vukašin Pajić (2024). Strategies for Effective Logistics Outsourcing: A Case Study in the Serbian Market. Journal of Organizations, Technology and Entrepreneurship, 2(1), -. https://europub.co.uk/articles/-A-745647