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.
Resurgence in Manufacturing Boosts Transport and Logistics Sector
The transport and logistics sector has experienced a notable uptick in transaction volumes, reaching its highest levels in nine months,… Read More
The Secret Behind Asset-Based Intermodal Providers
As we talk to shippers across North America on the merits of intermodal, we continue to hear “you are just… Read More
2016: The Year of Online Transition
The world’s largest freight forwarders and carriers are making the online transition, research from Freightos has found. But forwarders sticking… Read More
Vessel Oversupply to Continue in Chemical Shipping
Chemical shipping vessel supply on major routes has been in surplus with many newbuilding deliveries and swing tankers flooding the… Read More
Improving Demand Easing Oversupply in Dry Bulk Shipping
With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017… Read More
Agility India Opens Life Sciences Center in Hyderabad
Agility, a leading global logistics provider, has opened the first temperature-controlled life sciences storage and handling facility in the Hyderabad… Read More
Container Volume Up Eight Percent at SC Ports
The South Carolina Ports Authority reported an eight-percent increase in container volume since its fiscal year began in July. As… Read More
Huawei and Deutsche Post DHL Take on Connected Logistics Market
Huawei Technologies, a global information and communications technology provider, and Deutsche Post DHL Group have signed a memorandum of understanding… Read More
Best Practices for Supply Chain Transparency
A new study from the University of Tennessee, Knoxville’s Global Supply Chain Institute outlines the best practices for leveraging transparency… Read More
American Airlines Cargo Grows Service Between LAX And New Zealand
Since American Airlines Cargo launched a new service between Los Angeles (LAX) and the New Zealand city of Auckland (AKL)… Read More
POLA and POLB Both Post Gains in January
The Port of Long Beach, which has suffered poor traffic numbers in recent months saw renewed activity at its largest… Read More
Incorrect Container Packing Leads to 65 Percent of Damaged Cargo
An analysis of TT Club’s insurance claims records suggests that 65 percent of damages to cargo result from poorly packed,… Read More
« Previous 1 … 333 334 335 336 337 … 538 Next »