Evaluation of logistic cooperation services in Lithuanian retail chains in the conext of New Industralization

Abstract

The most important task of industrialization is to improve the productivity of a country or a region. The aim of this article is to evaluate main factors of choosing logistic cooperation services in order to improve logistic processes in Lithuanian retail market chains under the new conditions of industrialization. The objective of logistics is to minimize the price and to ensure the efficient distribution and maintenance of the required goods and products in the market in due time. Most retail companies have to make structural logistic decisionsto use outsource logistic cooperation services or to manage logistics on their own. As global competition grows, logistics services has a growing demand for cost, staffing and management improvements, with more focus on the company's core business. According to Langley (2018), Batarliene, Jarasiuniene (2017), Meidute and others. (2014), Parashkevov, (2007) studiesthe benefits of logistics cooperation are: focusing on core business, using best practices and experience, increasing competitiveness, reducing costs of logistic. However, research showed the logistic cooperation potential in Lithuania retail chains depends on country policy, business thinking and understanding the process of logistic cooperation in order to operate under the new industrialization conditions.