Logistics of North European companies regarding eastern markets of China and Russia
V K, Rajan Kumar (2020)
Diplomityö
2020
School of Energy Systems, Konetekniikka
Kaikki oikeudet pidätetään.
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe2020110289027
https://urn.fi/URN:NBN:fi-fe2020110289027
Tiivistelmä
Logistics activities have become more uncertain amid current trends like the COVID-19 pandemic and new environmental regulation. The role of technology has become more important in handling these uncertainties. This thesis aims to investigate the current state of logistics activities in North European companies regarding their trade with China and Russia.
The research applies a mixed method with a survey strategy to collect the data. The survey was targeted to logistics and manufacturing companies and was divided into two parts: the first survey was targeted to multinational companies from Finland, Norway, Sweden, and Estonia while, the second survey was specifically focused for regional companies from Finland. A web-based questionnaire was sent to all the targeted companies.
Both literature and survey results show that the semi-trailer followed by the container is the most important transport unit. For freight, the road is a preferable mode for shorter distances, and sea is the dominant mode over longer distances while, railways are expected to have potential growth throughout the decade in the future for logistics activities between North European companies and eastern markets of China and Russia. Research reveals that COVID-19 has a moderate impact on companies' logistics operations while environmental regulations will increase their transport costs and the vitality of cutting-edge technology is expected to rise. This thesis contributes to theory development for research as additional information.
In a nutshell, proper planning and adopting new trends of technologies, strategic changes to prepare for the future encounters of the pandemic, epidemics, and other risks can help to keep the momentum of logistics and supply chain operations in North European companies.
The research applies a mixed method with a survey strategy to collect the data. The survey was targeted to logistics and manufacturing companies and was divided into two parts: the first survey was targeted to multinational companies from Finland, Norway, Sweden, and Estonia while, the second survey was specifically focused for regional companies from Finland. A web-based questionnaire was sent to all the targeted companies.
Both literature and survey results show that the semi-trailer followed by the container is the most important transport unit. For freight, the road is a preferable mode for shorter distances, and sea is the dominant mode over longer distances while, railways are expected to have potential growth throughout the decade in the future for logistics activities between North European companies and eastern markets of China and Russia. Research reveals that COVID-19 has a moderate impact on companies' logistics operations while environmental regulations will increase their transport costs and the vitality of cutting-edge technology is expected to rise. This thesis contributes to theory development for research as additional information.
In a nutshell, proper planning and adopting new trends of technologies, strategic changes to prepare for the future encounters of the pandemic, epidemics, and other risks can help to keep the momentum of logistics and supply chain operations in North European companies.