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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.
Innovating Warehouse Efficiency: Gather AI Introduces Drone-Powered Inventory Solutions
Gather AI, renowned for its computer vision-based AI solutions for warehouse inventory monitoring, unveils two groundbreaking capabilities: inferred case counting… Read More
Community Groups Ask Judge to Dismiss Lawsuit Challenging Oakland Coal Ban
Earthjustice, representing community groups San Francisco Baykeeper and the Sierra Club, filed a motion to intervene in the lawsuit from… Read More
NFI Launches Global Integrated Technology Suite
Supply chain solutions provider NFI has launched its new global integrated technology suite. The new technology provides customers the tools… Read More
Two Shipping Executives Sentenced to Death in Vietnam
A court in Vietnam has sentenced to death two executives from its local shipping industry for embezzling money through shipping… Read More
US Coast Guard Awards Contracts for Icebreaker Studies
The United States Coast Guard awarded five firm fixed-price contracts for heavy polar icebreaker design studies and analysis this week…. Read More
US, Canada Governments Partner On Heavy Polar Icebreaker Acquisition
The US and Canadian governments have established a partnership that will enable the US Coast Guard heavy polar icebreaker acquisition… Read More
Surge In Offshore Abductions Increases Threat to Supply Chains
The Philippines-based Islamist extremist Abu Sayyaf Group (ASG) has been responsible for a surge in offshore abductions in the southern… Read More
USCG: Icebreakers Are National Security Asset
Leaders of the United States Coast Guard recently gathered in Washington to press the strategic need for icebreakers. Coast Guard… Read More
Post-Hanjin: Limited Shift to Air Cargo
The logistical chaos caused by Hanjin’s bankruptcy helped boost airfreight rates, but there is limited statistical evidence of cargo switching… Read More
DHL Express Launches On Demand Delivery in Sub-Saharan Africa
DHL Express has announced the launch of On Demand Delivery for the sub-Saharan Africa (SSA) region. The new service allows… Read More
UPS Tests Residential Delivery Via Drone
UPS has successfully tested a drone that launches from the top of a UPS package car, autonomously delivers a package… Read More
Blockchain Unlocks New Possibilities for Enterprise Supply Chains
Recent years have seen the meteoric rise of the “conscientious consumer”. Instead of simply buying the cheapest or most popular product,… Read More
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