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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.
U.S. Increases Tariffs on Chinese Imports to Protect Domestic Industries
Today, U.S. Secretary of Commerce Gina Raimondo issued a statement supporting President Biden’s directive to the United States Trade Representative… Read More
How to Prepare Your Fleet and Stay Organized During a Global Crisis
In times of global crisis, the world relies on the trucking industry to transport essential items across the country. From… Read More
ECONOMIC SANCTIONS EXEMPT HUMANITARIAN TRADE
Ailing Relations Iran has been among the worst affected countries from COVID-19, having emerged as an early hotspot outside China…. Read More
5 Ways to Reduce Transportation Costs Efficiently in 2020
The turbulent economy has lately made it difficult for field service and transportation businesses to thrive. The industry is morphing… Read More
Three Supply Chain Lessons for Businesses Coping with COVID-19
As governments and healthcare agencies around the world work to stop the spread of the coronavirus, importers and exporters across 164… Read More
WFH? Here’s How to Manage your Ecommerce Order Deliveries Successfully.
The outbreak of the novel coronavirus has turned the whole world upside down. No one is sure about anything anymore…. Read More
GLOBAL CARGO IS LEAVING ON A JET PLANE
With the ongoing threat of COVID-19, airlines have seen a precipitous drop in passenger travel and are focused on the… Read More
Container Availability: From Shortage to Congestion?
Container ports all over the world, with the exception of China, are faced with imminent congestion when a multitude of… Read More
Top 10 Solutions for Common Warehouse Problems
Warehouse Engineers attended the Modex Conference looking for low-cost solutions to improve warehouse operations. As a previous warehouse manager, I… Read More
TRANSPLACE GETS BOOSTS FROM TYSON FOODS, DANA INTERNATIONAL
Springdale, Arkansas-based Tyson Foods, which is one of the world’s largest food companies, bestowed its 2019 Premier Carrier Award to… Read More
PORT CITY REVIEW: THESE 20 SEAPORT COMMUNITIES HELP DRIVE THE U.S. ECONOMY
Ports are “crucial to the economy,” Texas economist Ray Perryman wrote in 2017. “Ports generate substantial business activity through their… Read More
MAN AND MACHINE ARE KEY TO CREATING COMPETITIVE ADVANTAGE IN TODAY’S SUPPLY-CHAIN WAREHOUSE
When it comes to warehousing and the use of robotics to manage and maintain a competitive supply chain, the conversations… Read More
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