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.
A Certificate of Appreciation was presented to outsourced ULD management partner, Jettainer, during this year’s Oman Air Cargo Awards ceremony. The… Read More
The season’s shipment of Chilean winter fruit arrived at the Port of Wilmington post-holiday on December 27. The shipment, brought by… Read More
Deepwater ports continue to make leaps and bounds within the trade sector, increasing overall twenty-foot equivalent units while breaking new… Read More
Women’s increasing involvement in the trucking industry reveals the diversification and opportunities available beyond a traditional employee model. The Women in… Read More
Frankfurt-Hahn Airport’s new freight routes that connect Europe to China this month have showed significant growth for the airport, according… Read More
Europe’s fourth largest air cargo hub, Amsterdam Airport Schiphol teams up with the Holland Flower Alliance to support efforts surrounding the… Read More
« Previous 1 2 3 4 5 … 336 Next »