LAPSE:2020.0779
Published Article
LAPSE:2020.0779
The Impact of Uncertainty Factors on the Decision-Making Process of Logistics Management
Łukasz Marzantowicz
July 2, 2020
The article is a contribution to the discussion on the possibilities of effective logistic decisions under the conditions of uncertainty. Variable and unpredictable factors, which create the conditions of uncertainty, not only directly affect logistic processes (positive or negative impact), but can also be a determinant of making decisions. Logistics management, because it is referred to in the context of decision-making, is currently defined by the quality of management decisions taken, including factors which often constitute only partially quantifiable sets. The main goal of the article is to show the strength of the dependence between the occurrence of uncertainty factors and the type of decision. On the basis of decision-making theory, the types of decisions were defined, and then a set of factors that are most important for a given type of decision was selected. The results of the analysis allowed the strength of the influence of uncertainty factors on making logistics decisions to be determined. On this basis, a catalog of key decisions was selected, including decision types, and also the effects of decisions taken under uncertainty were determined. The study and the results of the analysis should be treated rather as a voice in the ongoing discussion. Due to the unpredictability of some uncertainty factors, the research field in the discussed problem remains open.
Keywords
conditions of uncertainty, logistic decisions, logistics management
Suggested Citation
Marzantowicz ?. The Impact of Uncertainty Factors on the Decision-Making Process of Logistics Management. (2020). LAPSE:2020.0779
Author Affiliations
Marzantowicz ?: Department of Logistics, SGH Warsaw School of Economics, Niepodległości str. 162, 02-554 Warsaw, Poland
Journal Name
Processes
Volume
8
Issue
5
Article Number
E512
Year
2020
Publication Date
2020-04-26
Published Version
ISSN
2227-9717
Version Comments
Original Submission
Other Meta
PII: pr8050512, Publication Type: Journal Article
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LAPSE:2020.0779
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doi:10.3390/pr8050512
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Jul 2, 2020
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CC BY 4.0
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Jul 2, 2020
 
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Calvin Tsay
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