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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.
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
Tax Bill Keeps Private Activity Bonds Tax-Exempt, Benefiting US Ports
The American Association of Port Authorities (AAPA) is pleased that several important tax related policy priorities were addressed in the… Read More
Building in South China Sea Moved Forward in 2017
International attention has shifted away from developments in the South China Sea during 2017, but China has continued substantial construction… Read More
Yusen Logistics Extends Business in South Eastern Europe
Yusen Logistics (Europe) BV announced that it has reached an agreement to acquire Tibbett Logistics, a wholly-owned subsidiary of UK-based… Read More
Transport Solutions That Give You Wings
At the LogiMAT intralogistics trade fair in Stuttgart from March 13-15, 2018, Cabka-IPS is presenting innovative plastic load carriers that… Read More
Season’s First Chilean Fruit Vessel at Port Of Wilmington
The Port of Wilmington, Delaware, received the first breakbulk shipment of Chilean winter fruit to arrive in the US for… Read More
BREAKING NEWS: US Slaps Punitive Duties on Canadian Aircraft
US Secretary of Commerce Wilbur Ross announced today the affirmative final determinations in the antidumping duty (AD) and countervailing duty… Read More
ELD Mandate: More Changes for Shippers Than Carriers
Much has been written regarding the anticipated impact of the forthcoming electronic logging device (ELD) mandate on truckload capacity. However,… Read More
Xeneta Enters Air Freight Market
Xeneta has announced its entry into the air freight market. With a prototype in place, the platform is ready to… Read More
Port of Philadelphia Acquires Second Set of Cranes
PhilaPort has concluded the purchase agreement of two super post-Panamax container gantry cranes that will help lift the port to… Read More
Evans Transportation Services, Inc. Leverages project44’s Automation Solutions
project44 announced that Evans Transportation Services, Inc. has integrated p44’s SaaS solutions to fully automate the end-to-end management of a… Read More
Panama Canal Increases Daily Neopanamax Vessel Reservations to Seven
The Panama Canal increased the number of daily booking slots available for neopanamax vessels from six to seven on December… Read More
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