The role of logistics in regional development
Purpose. The purpose of the article is to determine the impact of logistics on the development and management of regions and the economy of countries as a whole. Isolation of the necessary aggregate of factors influencing the formation of the region's economy.
Design/methodology/approach. The basic principles of research are comparative, systematic, analytical and theoretical methods, historical and structural-functional approaches.
Findings. The subject of the study is theoretical, methodological and practical aspects
application of logistics in the development of regions. Logistics, which led to accelerated economic development, is an important force that promotes regional development with the external phenomena it generates. The development and use of technologies in an operational sense will lead to the requirement for logistics and other logistics related functions that will be managed by more educated people to the requirement for higher infrastructure and building structure in terms of the potential for growth and investment development.
Research limitations/implications. The document clearly indicates the direction of strategic development of regions with the use and development of regional logistics systems, the importance of effective regional development and the lack of theoretical justification of the possibility of applying a logistic concept to improve the efficiency of their operation processes.
Originality/value. Such knowledge will help to improve the economic level of the regions and further improve the functioning of the logistics chains. When it comes to separating production from consumption and performance of both types of activities, logistics management is considered one of the important factors determining the levels of development of different regions within countries. It is also important to define the concept of regional development, determine the importance and objectives of regional development. In addition, it is necessary to explain the role of logistics in regional development and the impact of the logistics sector on the development of countries
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