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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.
Driven by a vision for infrastructure upgrades, technology enhancements, and new machinery, supply chain solutions provider World Distribution Services announced… Read More
Order fulfillment can be labeled as the least appealing part of the e-commerce lifecycle. However, as unappealing as it is,… Read More
The freight transportation industry is traditionally not overwhelmed by the peak holiday shipping pandemonium recently experienced by some prominent logistics… Read More
Logistics providers B&H Worldwide and Compass Forwarding have joined efforts to expand each company’s global reach through the initiation and signing… Read More
What an exciting year 2018 was in logistics and transportation management! Many companies started to reach beyond traditional strategies and… Read More
Growing pains aren’t just for new businesses. As any experienced business leader will tell you, even a well-established business will… Read More
The American Trucking Association selected Old Dominion Freight Linehaul driver, Bill Goins to join “America’s Road Team” consisting of a… Read More
Recently, Avantida announced Maersk’s implementation offering Container Triangulation for the Canadian and U.S. platforms, enabling communication between dispatchers and planners… Read More
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