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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
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
OCEAN LOGISTICS: CARRIERS
The International Maritime Organization (IMO) adopted a strategy this year for reductions by the shipping industry of CO2 emissions. The… Read More
Third Party Logistics To Improve Supply Chain Management
One of the oldest heritage brands and a leader in the lawn and garden category, The Jobe’s Company, has officially… Read More
Calling all logistics sector leaders
Logistics industry leaders can now prepare and plan attendance for the G7 Logistics Network 3rd Annual Conference scheduled for February… Read More
Digital Solutions: Breaking New Ground for Global Supply Chain Management
A live-tracking shipment device called Smart Visibility is creating boundless tracking capabilities for international logistic providers. The most recent of… Read More
AFTER NAFTA
There was some uncertainty over the future of the North American Free Trade Agreement (NAFTA) ever since President Donald Trump took office…. Read More
Tariff Turbulence
Whether you endorse or decry the strategy, it’s clear that the escalating exchange of tariffs between the U.S. and other… Read More
Asian Logistics and Maritime Conference 2018
Prepare to join thousands of global industry experts at this year’s Asian Logistics and Maritime Conference from November 20-21 at… Read More
From “The Farm” to Phoenix Sky Harbor International Airport
Impressive ratings continue to spotlight Phoenix Sky Harbor International Airport after a press release confirmed another Aa3 rating given by… Read More
Muscat Anchor Marina Implements Efforts To Reduce Plastic Waste
Environmental efforts are increasing internationally as Al Mouj Muscat confirms the installation of the region’s first marina Seabin to minimize… Read More
Shifting consumer habits, manufacturing agility, investments in supply chain technologies
In an era where technology is continuing to migrate consumer spending habits online and away from brick-and-mortar stores, the newly… Read More
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