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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.
World Distribution Services Announces $6.2 million Warehouse Renovation
Driven by a vision for infrastructure upgrades, technology enhancements, and new machinery, supply chain solutions provider World Distribution Services announced… Read More
Automation Changing the Pace for Shipping Operations
Recently, Avantida announced Maersk’s implementation offering Container Triangulation for the Canadian and U.S. platforms, enabling communication between dispatchers and planners… Read More
Ocean Logistics 2019: Digitization Continues to Lead Trends
Ocean logistics in 2019 are demanding advanced, comprehensive and reliable information to cohesively support logistics needs, especially in an era… Read More
Railinc CIO Shares Success Tips for Aspiring Female Leaders
Joan Smemoe brings a fresh approach to breaking the barriers for women’s success in the fields of technology, rail, software… Read More
Year-On-Year Air Cargo Growth Reported for Budapest Airport
Budapest Airport reported record-breaking cargo numbers exceeding its substantial 2017 record numbers and confirming consistent double-digit growth for the last… Read More
Air Cargo Exports Process Expedited with New Technology in Perth
Air cargo exports are now being processed faster and more efficiently following the investment of new screening technology for Tigers… Read More
Schneider Transportation Increases Visibility with Trucker Tools
Trucker Tools’ carrier management and shipment tracking software services has been officially selected by Schneider Transportation Management to provide additional support… Read More
Hactl Hosts 12th Annual International Forklift and Pallet Building Competition
This year’s 12th annual Hactl-hosted International Forklift and Pallet Building Competition comprised of nine teams who traveled internationally to compete at… Read More
5 Key Logistics Trends and Technology Implications for 2019
What an exciting year 2018 was in logistics and transportation management! Many companies started to reach beyond traditional strategies and… Read More
Leadership Shifts to Support Global Logistics Expansion Efforts
Increasing growth in Europe and India is the primary driver behind recent leadership changes for the global innovation and provider… Read More
Transplace Recognized as “3PL Provider of the Year”
Tyson Foods announced Transplace, a leading transportation management services and logistics technology solutions company, earned the company’s annual “3PL Provider of… Read More
REPORT FROM BSI AND TT CLUB REVIEWS GLOBAL CARGO THEFT TRENDS
BSI Supply Chain Services and Solutions and leading international transport and logistics insurer TT Club recently launched their first joint… Read More
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