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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
Trump Administration Approves Oil Project In Arctic Waters
The Trump administration is continuing a program of energy development on Alaska’s North Slope, with the Interior Department approving new… Read More
Cosco Emerges as Biggest Container Carrier in Third Quarter
Cosco saw a 23-percent increase in container lifts in the third quarter of this year, allowing the Chinese container carrier… Read More
Chinese Arctic Vessel Traffic Way Up This Year
A dozen Chinese shipping vessels have transited the waters of the Northern Sea Route (NSR) in 2017, more than double… Read More
Americold Opens New Clearfield, Utah, Facility
Americold, a provider of temperature-controlled warehousing and logistics to the food industry, has officially opened a new addition to its… Read More
MSC to Boost Productivity of Container Vessels
MacGregor, part of Cargotec, has received orders to optimize the container carrying capabilities of 31 Mediterranean Shipping Company vessels from… Read More
Daseke Adds Three Companies
Daseke, Inc., a consolidator and specialized transportation company, announced that three additional carriers have joined Daseke. The company says the… Read More
Global Logistics Planning Guide: POLITICAL FUTBOL
Since the North American Free Trade Agreement (NAFTA) came into effect in 1994, Mexico’s low labor costs have made it… Read More
Lineage Logistics Acquires Eight LA Facilities From US Growers Cold Storage
Lineage Logistics, LLC, a leading international warehousing and logistics company backed by Bay Grove, LLC, announced today it has acquired… Read More
CFI Launches New Experienced Driver Compensation Package
CFI, a North American full-truckload carrier and subsidiary of TFI International Inc. has introduced its experienced driver compensation package. The… Read More
USCG Official’s Keynote at Arctic Shipping Summit
Mike Emerson, director of marine transportation systems at the United States Coast Guard, presented a keynote address on arctic waterways… Read More
AirBridgeCargo Sees 15-Percent Uptick in 2017
AirBridgeCargo Airlines (ABC), one of the fastest-growing carriers in the world, is continuing to solidify its tonnage growth with more… Read More
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