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.
Building Resilient Supply Chains through Collaboration and Digital Connections
Collaboration and communication are increasingly important for effective continuity planning and business development in a complex and uncertain global supply… Read More
5 Ways Technology is Changing E-commerce
Above everything else, the modern consumer is after convenience and a good experience when it comes to shopping for items…. Read More
Unpacking U.S.-China Sanctions and Export Control Regulations: The China “Military End Use” and “Military End User” Rule and the Department of Defense List
This is the second in a series of articles by Eversheds Sutherland partners Jeff Bialos and Ginger Faulk explaining the… Read More
Life Sciences Real Estate in the Time of COVID-19
Increased funding plus employees that need an office makes the Life Sciences real estate sector resilient in a global pandemic…. Read More
8 Trends Driving E-commerce Innovation
The world of e-commerce has undergone quite a year. And with everything going on in the world, chances are that… Read More
5 Timesaving Tips for Your Manufacturing Business
As a manufacturing business, you are constantly looking to save time. Well, if you aren’t, then you should. This is… Read More
The Future of Retail – Is It Touchless?
Covid has made all of us more aware of what we touch in public spaces. And, as health concerns over… Read More
The Next Big Disruption of the Supply Chain Network
Turkey and Greece Clash Over Oil and Gas in the Eastern Mediterranean: 14 Actions to Take to Keep Your Cargo Moving… Read More
Ways to Strengthen Supply Chain Management
The proper way to ensure that your organization runs smoothly is to provide a well-maintained and well-functioning supply chain. It… Read More
IoT For Manufacturing: Everything You Should Know
The Internet of Things (IoT) has become increasingly popular in both households and workplaces. From having a virtual essay writer,… Read More
The Future of International Trade: Is Globalization Dead?
In this exclusive Q&A, Global Trade Mag hears from Ted Murphy, partner with global law firm Sidley Austin, LLP, on… Read More
Warehouse Expansion Underway for Dachser Mexico
Dachser Mexico announced official plans for expanding its bonded warehouse located in Mexico’ss major manufacturing hub, Parque el Marqués at… Read More
« Previous 1 … 187 188 189 190 191 … 547 Next »