Looking for the latest news on global logistics and supply chain management? Get inside information on global shipping, warehousing, and foreign trade.
Moving products and services efficiently from one place to another requires logistics management. The same supply-chain management strategy is used in global logistics-only the number of variables is amplified. One of the best definitions of business logistics is “the process of planning, implementing, and controlling the effective and efficient flow of goods and services from the point of origin to the point of consumption.” The word “logistics” dates back more than 100 years, though we tend to equate the term now to the modern processes and technologies that have expedited materials management and distribution. The advantages to developing effective global logistics are many: new revenue opportunities from new markets is the most obvious, but there may also be increased economies of scale, and lower cost sourcing for everything from components to labor. Centralizing global production is one of the best ways to lower per-unit costs and resource budgets. The challenge comes in establishing relationships with international supply-chain partners, and/or building a global sales organization. It’s not enough to put all the pieces in place; it must be done in a way that maintains quality control across longer transit distances and transit times, and that delivers products to the end user at a reasonable value. The longer the supply chain, the more vulnerable it might be to damage or delivery interruptions caused by weather, equipment failure or other obstructions. While global logistics can be modeled, analyzed, visualized, and optimized with sophisticated simulation software, this is a procedure that will always be more reliant on human resources than machines to get the job done.
Redefining Smart Ports: The Role of Digital Identity Verification
Smart port technology has been making waves in the maritime industry, promising to revolutionize operations, streamline processes, and enhance overall… Read More
Maersk Infuses $600 Million into Nigeria’s Port Infrastructure, Bolstering Maritime Trade Expansion
A.P. Moller-Maersk (Maersk) has unveiled a substantial $600 million investment geared towards enhancing Nigeria’s port infrastructure, marking a pivotal step… Read More
AutoStore Unveils U.S. Headquarters in Salem, New Hampshire
AutoStore™, the pioneering global warehouse technology company renowned for revolutionizing warehouse automation through modular storage solutions, has disclosed its intentions… Read More
Peel Ports and Awake.AI Forge Alliance to Elevate Port Operations with AI Solutions
Peel Ports Group has unveiled a strategic collaboration with Awake.AI, signaling a landmark partnership aimed at harnessing AI-based solutions to… Read More
US Transport Company Challenges CMA CGM’s Detention and Demurrage Charges
Access One Transport, a California-based haulier, has lodged complaints with the US Federal Maritime Commission (FMC) regarding container line detention… Read More
Innovative Solutions for Your Business: Navigating Supply Chain Dynamics
In today’s fast-paced business landscape, navigating supply chain dynamics has become increasingly complex. From sourcing raw materials to delivering finished… Read More
Chinese E-Retailers Drive Surge in Air Cargo Prices to the U.S
The escalating popularity of Chinese e-commerce giants like Shein and Temu among American consumers is driving a significant increase in… Read More
Optimizing Warehouse Automation: Understanding Key Considerations
Understanding how AS/RS and AMR solutions differ from one another is the first step to not only determine which one… Read More
US Intermodal Gains Momentum Amid Trucking Challenges
Following a period of sluggish performance, US intermodal traffic is on the rise, signaling potential for further growth. Union Pacific’s… Read More
Freight Train Derailment Sparks Fire Near US-Mexico Border
A freight train transporting gasoline and propane derailed near the Arizona-New Mexico border, igniting a blaze that engulfed approximately six… Read More
Mounting Oil Price Threat Amplifies Supply Chain Concerns Amidst Middle East Tensions
As warnings from the World Bank echo concerns of soaring oil prices amidst ongoing instability in the Middle East, supply… Read More
Supply Chain: Challenges and Key Solutions
No business can exist without a supply chain! Supply chains are the nerves of the business ecosystem. Supply chains are… Read More
1 2 3 … 541 Next »