Factors Influencing Performance And Problem Causes Of Enterprise Intelligent Logistics Transformation

Modern logistics is developing in the direction of intellectualization.Over the years,academia and industry focus on discussing the implementation mode and path of intelligent logistics.The implementation of intelligent logistics can effectively increase the speed of commodity circulation,improve the efficiency of all links of circulation,and ultimately realize the growth of the circulation economy.However,current academic research only studies how to implement intelligent logistics transformation unilaterally from the perspective of technology,and lacks systematic research on the influencing factors of its performance and problem causes.Through the study on the stock market dynamics in the wake of enterprises’ announcing to implement intelligent logistics transformation,the influencing factors affecting the performance of transformation implementation in retails and also the problem causes of intelligent logistics transformation,this article aims to provide guidance for the preparation,implementation,and advancement of intelligent logistics transformation,thus promoting its overall performance in enterprises.First,this study empirically tests the impacts of the intelligent logistics transformation announcements of listed firms in China on shareholder value.107 intelligent logistics transformation announcements made by listed Firms in China from2009 to 2019 are selected as a research sample and studied the market responses caused by such announcements and the main factors influencing such market responses using the event study method.The results show that there is a significant relationship between the features and abnormal returns of the announcing firm.The features of intelligent logistics transformation also affect the market response.In addition,firms with worse prior financial performance than the industry level will receive a more positive market response when they carry out intelligent logistics transformation by establishing an information platform.Second,this study uses the multi-case study method to examine the cases of four retailers from China.This study explores the factors influencing retailers’ smart logistics performance and proposes a corresponding theoretical framework from the smart supply chain perspective.The study finds that the strategic precise positioning and matching capabilities of the smart supply chain can not only promote retailers’ intelligent logistics implementation performance,but also promote smart supply chain operations.Flexible management,rapid response,and intelligent collaboration of the smart supply chain can also promote retailers’ intelligent logistics implementation performance.In addition,policy support and technological change significantly enhance the above two impacts respectively.Finally,the grounded theory research method is first used to get a problem model of intelligent logistics transformation in efficient circulation,and systematically analyses the causes of problems.The research has got several important findings: firstly,the inherent risks of transformation and organizational operation mode directly lead to the intelligent logistics transformation problems.Second,the above effects are significantly moderated by market factors and institutional social factors.Third,although the current technology has made great progress,the poor applicability of technology is still a component of the inherent risk of transformation,which directly leads to problems in the intelligent logistics transformation.According to the above findings,relevant management and policy suggestions are provided.