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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.
St. Louis Region’s Rail-Accessible Sites Expand with Infrastructure Investment
The St. Louis Regional Freightway has added another top rail-accessible industrial real estate site to its pipeline: RTE 3 Industrial…. Read More
Supply Chain Challenges in Offshore Wind Industry
The challenges facing the supply chain in the offshore wind industry are expected to be significant. According to experts, there… Read More
Container Shipping: Challenges, Chances, and the Global GDP Trend
Container xChange, an online container logistics platform held its 5th edition of its Ultimate Container Networking Event, the Digital Container… Read More
Enhance Supply Chain Security with CTPAT
Global supply chain security is a normal concern, but we hear about it more often recently. U.S. supply chain companies… Read More
AIT Worldwide Logistics joins Smart Freight Centre community
Membership in nonprofit organization to accelerate decarbonization journey in collaboration with fellow logistics, shipping companies. As part of the company’s… Read More
Partnership Between St. Louis Region and Port of New Orleans Continues with Joint Support for Infrastructure Investment
St. Louis regional ports and the St. Louis Regional Freightway are jointly supporting the Port of New Orleans’ (Port NOLA)… Read More
E-Commerce Boom and Its Impact on Logistic Operations
Introduction The world of commerce has undergone a seismic shift in recent years, with the relentless rise of e-commerce. In… Read More
Carousel Logistics Teams up with Varamis Rail to Electrify Cargo Route between England and Scotland
Carousel Logistics has joined forces with the UK’s first electric-only high-speed rail freight operator to develop a zero-emission cargo route between… Read More
How to Avoid Software Supply Chain Attacks in 2023
Introduction Software supply chain attacks are rapidly becoming more problematic for global organizations, as the number of companies that depend… Read More
Breakthrough Propane Direct Injection Technology Provides Fleet Owners with Low-Emission, High-Efficiency Option
Through a joint partnership between Stanadyne, Katech, and the Propane Education & Research Council, this new technology will drive the… Read More
The Meteoric Rise of Supply Chain Analytics: Projected Market Size to Surpass $30 Billion by 2032
In an era driven by data-driven decision-making, the supply chain industry is experiencing a profound transformation through the integration of advanced analytics…. Read More
The Impact of Open Platforms on Supply Chain Optimization
If you want to improve your business and keep up with modern logistics, you must take advantage of all the… Read More
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