Developments in logistics

New developments in logistics helped many companies to handle their logistic processes more effective and to save money by this. But also negative consequences appeared due to new innovations. Many employees lost their jobs because of the application of machines or diverse electronic systems.
The highest goal for the company is to lower their transaction costs. Transaction costs occur for the transaction of diverse business processes like for example the communication between a company and its business partners. Electronic communication systems help to lower the transaction costs. Communication is simplified, information can be exchanged fast and effective, on the direct way.  Former communication via intermediaries is not required anymore. Intermediaries are just substituted by electronic trading system.
But on the other hand also new intermediaries appear on the market…

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