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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.
Port of Lake Charles Surges into Top 10 US Ports for Cargo Handling
The Port of Lake Charles has catapulted into the ranks of the nation’s top 10 busiest ports, according to the… Read More
GTA Partnership To Boost Cargo Charter Market Reach
GTA Air Solutions and Chapman Freeborn’s recent partnership will enable Canadian customers and their international access within the charter solutions… Read More
Singapore Expanding Trade Relations
A recent Memorandum of Understanding signed between COSCO Shipping Ports and terminal operator PSA will increase strategy efforts, ultimately supporting… Read More
Leading 3PL Provider Announces Expansion in Seattle Region
Team Worldwide, a leader in 3PL and global freight forwarder, announced this week expansion efforts for the company’s Seattle branch,… Read More
Five-Point Plan Implemented for UK Port Success
In an effort to continue leveraging the major port’s prior successes, the UK Major Ports Group composed and implemented a… Read More
The “Deadly Dozen” and Human Behavior
Maritime safety and ensuring minimal risk impact is a topic that isn’t discussed enough. Human error is unpredictable, and until… Read More
Overcoming Operational Challenges
In the age of Amazon-inspired standards and expectations, everything moves faster while changing just as quickly. In an evergreen market,… Read More
Global Trade and the Evolution of Digitization
During this year’s eighth annual Asian Logistics and Maritime Conference in Hong Kong, one of the most common themes discussed… Read More
OnTrac Logistics Celebrates First Ground-Up Facility
The Western logistics company hosted the “Groundbreaking Ceremony” to commemorate the implementation of the planned facility which will serve as… Read More
Record-Setting Rates for Budapest Airport
Significant increases recorded for Budapest Airport this week in regards to overall trucked and flown freight. There was a 22.9… Read More
And the winner is…
The Transport and Logistics Middle East ceremony awarded LogiPoint the official Logistics Zones Operator of the Year for their unmatched… Read More
Hermes Logistics To Optimize Cargo Capabilities for Dubai World Central
Dubai World Central has decided to implement and designate Hermes Logistics Technologies and their Cloud H5 variant to ensure full… Read More
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