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.
A major U.S. air carrier sought to fill the void caused by leading same-day delivery services implementing their own fleets… Read More
Increasingly complex omnichannel business models are resulting in correspondingly complicated global supply chains. Maximizing efficiencies for time and cost in… Read More
It’s no secret that over half of small businesses close their doors within the first five years. One of the… Read More
RTM Lines is a trans-ocean transportation company headquartered in Norwalk, Connecticut, with over 39 years of experience in the global… Read More
To say that 2019 has been challenging for ocean carriers would be an understatement. The year began with the National… Read More
As global shippers prepare for the busy season approaching, the International Maritime Organization (IMO) has a new international regulation scheduled… Read More
In 2017, there were 270,000 injuries reported in the transportation and warehousing industry. The same industry also saw 819 deaths,… Read More
In a world where operations don’t have an option to slow down, capacity concerns are issues that will always be… Read More
« Previous 1 2 3 4 … 341 Next »