ISSN: 1648 - 4460

International Journal of Scholarly Papers

VU KHF

Transformations  in
Business & Economics

Transformations in
Business & Economics

  • © Vilnius University, 2002-2023
  • © Brno University of Technology, 2002-2023
  • © University of Latvia, 2002-2023
Article

CAN QMS ENHANCE COMPETITIVENESS OF LOGISTICS SERVICE PROVIDERS IN ECONOMIC RECESSION?
Libor Simek, Pavel Bachmann, Jaroslav Koutsky

ABSTRACT: The paper answers the question of whether logistics service providers (LSPs) can improve their competitive position by implementing a Quality Management System (QMS), especially under intensified competitive pressure induced by the economic crisis. We postulated a hypothesis that the 2008-2009 economic crisis led to an increase in the count of businesses that required their LSPs to have QMS implemented. Our findings show that the customer's preferences for a QMS application were steadily increasing across the long post-crisis horizon. The ascertainments obtained on basis of the past period are also discussed toward the post-COVID-19 economic recession and converted into the form of practicable recommendations on formulating their quality management policy, which have important implications for their business practices. Providing a deeper insight into the LSPs selection process, the paper reacts to the shortage of research studies on the long-term effects of intensified competition on the application of QMS.

KEYWORDS:  logistics outsourcing, Quality Management System, competition intensification, provider selection, COVID-19.

JEL classification:  L15, H12, L19

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Scholarly papers Transformations in Business & Economics
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Vilnius University
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Lithuania

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