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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.
Adapting to Climate Change Challenges in the Cold Chain
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Inbound Freight
Inbound freight is typically the last frontier for many companies search for cost savings in their freight spend, as there… Read More
Hyundai Merchant Marine to Receive $515 Million From Government
A new shipping company created by South Korean state lenders for the expansion of terminals and fleets will be forking… Read More
Billion Dollar Expansion for London’s Tilbury Terminal
The Tilbury container terminal, the principal facility at the port of London, England, will be transformed with a $1.25 billion… Read More
Top Fulfillment Lessons From the 2016 Peak Season
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Panama Canal Sets New Monthly Tonnage Record
In January 2017, the Panama Canal set a new monthly tonnage record of 36.1 million Panama Canal tons, with the… Read More
Legislation To Exempt Shipyards From Federal Hiring Freeze
US Senator Brian Schatz, a Democrat of Hawaii and US Representative Derek Kilmer, a Democrat of Washington, introduced legislation that… Read More
Arctic Winter Navigation Still Rare
For all the talk of using the Arctic as a northern shipping route, year-round trade in the region is probably… Read More
Algeria Plans Large Container Port
The government of Algeria has approved plans for the construction of a new deep water port facility at the industrial… Read More
OIA Global Acquires American Cargo Express
OIA Global, a worldwide transportation, supply chain management, and packaging solutions provider has acquired American Cargo Express, a New Jersey-based… Read More
Kalitta Air Implements CHAMP’s Weight & Balance Application
CHAMP Cargosystems has successfully completed US-based cargo carrier Kalitta Air’s implementation of its Weight & Balance application used to manage… Read More
Burts Potato Chips Sizzle With CEVA
CEVA Logistics, one of the world’s largest supply chain management companies, has been awarded a five year contract to manage… Read More
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