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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2023-10-11  |  Accepted: 2024-02-05  |  Published: 2024-03-30

Title

Applying artificial intelligence in the logistics sector of Lithuania: prospects and opportunities


Abstract

Logistics has been one of the most important sectors of Lithuania's economy. However, recent economic, social and political challenges significantly impacted sector development, making its representatives search for new ways of business development by changing conservative models with more advanced ones. For instance, changes in the logistics sector affected by the implementation of remote work opportunities have created possibilities for providing logistics-related services across the globe. Most of the attention is being paid to solutions based on the application of artificial intelligence, and the future of logistics sector development is closely dependent on it. The paper aims to discover new prospects in applying artificial intelligence in the logistics sector by bringing forward an overview of the main sector's activities, performing historical economic data analysis and conducting a survey with representatives of leading companies from the logistics sector in Lithuania. The multicriteria method is used in data analysis, helping establish the main prospects in the sector's development.


Keywords

Artificial Intelligence (AI), Internet of things (IoT), logistics, Multi-Criteria Analysis (MCA)


JEL classifications

M10 , O32 , R40


URI

http://jssidoi.org/jesi/article/1170


DOI


Pages

176-188


Funding


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Ambrusevič, Nikolaj
Vilniaus Kolegija / Higher Education Institution, Vilnius, Lithuania https://www.viko.lt
Articles by this author in: CrossRef |  Google Scholar

Gomienė, Živilė
Vilniaus Kolegija / Higher Education Institution, Vilnius, Lithuania https://www.viko.lt
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

11


Number

3


Issue date

March 2024


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 171  |  PDF downloads: 100

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