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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.
Gather AI Secures $17 Million Investment to Revolutionize Warehouse Management with AI-Driven Solutions
Gather AI, a leading provider of advanced computer vision and AI-powered inventory monitoring solutions for warehouses, has announced a successful… Read More
Packaging Robots is Set to Grow US$ 7.5 Billion by 2032 at a CAGR of 8%
According to data from Fact.MR, the global packaging robots market is on a significant growth trajectory, expected to surge from US$3.8 billion in 2022… Read More
Transfix and Rocket Shipping Collaborate to Elevate LTL Experience for Shippers
Transfix, Inc. has announced a strategic partnership with Rocket Shipping to enhance it’s Shipper App, expanding its capabilities to include… Read More
The Exclusive Sky Route: Miami to New York City with Monarch Air Group
The route between Miami and New York City is a bustling pathway frequented by both business professionals and leisure travelers… Read More
Unlocking the Dynamics of Global Logistics and E-Commerce in the Clothing Supply Chain
In the realm of global logistics and e-commerce, the intricacies of supply chains dictate the flow of products from manufacturers… Read More
$3.24 Billion Methanol Plant Planned On Port Of Lake Charles Property
Lake Charles Methanol II LLC (Lake Charles Methanol) has unveiled plans to invest $3.24 billion in the construction of a… Read More
Enter the Exosuit: How Exoskeletons Are Providing Clear ROI in Supply Chain Operations
Do more with less. It’s a harsh reality within the supply chain labor force, as companies are struggling to recruit… Read More
GreyOrange Showcases Cutting-Edge Robotics Integration at MODEX 2024
GreyOrange, a leader in AI-driven fulfillment automation, is unveiling its innovative robotics integration at MODEX 2024 in Atlanta. The company’s… Read More
Collaborative Solutions for Sustainable Packaging: Insights from AMERIPEN Testimony
AMERIPEN, the American Institute for Packaging and the Environment, took center stage at a recent U.S. Senate Committee hearing, advocating… Read More
Packaging Pleasures: Innovations and Trends in Chocolate Bar Packaging
The chocolate bar, a cherished indulgence made from cocoa solids, butter, sugar, and sometimes milk powder or other flavorings, holds… Read More
China Reopens after Chinese New Year, Container Rates Plateau
Geopolitical risks are impacting the supplier strategy of many companies globally. While majority (63%) of the companies surveyed by Container… Read More
Movu Robotics and EQSolutions Partner to Revolutionize U.S. Warehouses with Seamless Automation Solutions
Movu Robotics, a global leader in advanced storage and warehouse automation systems, has announced a strategic alliance with EQSolutions, the… Read More
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