Material Scarcity in Logistics: A Rationale for Technology Development Responsibilities

Abstract

Introduction: Alerts of imminent scarcity exist for some technological materials that are critical to logistics. The development of cutting-edge, high-performing technology depends on uncommon components. Since material scarcity can impede future improvements, it is a serious matter that needs to be addressed. However, the risk is often overlooked in the hurry to progress technology. It seems that a lot of innovators are not aware of the limitations on the supply of necessary resources and the possible consequences that could arise from them. This should be noted by technology developers, who should carefully consider the present shortages of technology metals in the industrial supply.

Objectives: This study aimed to ascertain how material scarcity in logistics impacts workers' rational technology development responsibilities. Material scarcity in logistics was found to have an impact on technology development.

Methods: The phenomenon of material scarcity is examined in the article from an ethical standpoint related to sustainable development. 77 managers responded and gathered from Malaysia's manufacturing industry of logistics at Malacca state.

Results: The outcome demonstrated how material scarcity in logistics might foster technological advancement in sustainable supply chains. As a result, sustainable logistics performance demonstrated consistency in overcoming material scarcity, decreasing inventory, which boosts productivity, advancing environmental initiatives into new product development, and lowering prices. Overall, this study found the factor analysis with both material scarcity in logistics and technology development showed significant improvement in the stages of logistics responsiveness with 0.813 respectively. As leaders in the innovation system, they can drive change in the direction of resource-conscious technological advancement.

Conclusions: The paper's conclusion offers suggestions for how companies might lead the way in logistics' sustainable management of essential commodities.