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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.
5 Ways to Streamline Cross-border Transportation
Over $1 trillion in goods consistently cross the U.S.-Canada and U.S.-Mexico borders annually. And with nearly 30% of all U.S…. Read More
Big-Ship Jitters
The era of the big ship has taken the port of New York and New Jersey by storm, leaving port… Read More
Wisetech Global Acquires Two Global Rate Management Solution Providers
WiseTech Global Limited has announced acquisitions of two global rate management solution providers: Netherlands-based Cargoguide, a leading provider of global… Read More
Technology: An Incomplete Solution
“Technology is an incomplete answer” to transportation and logistics problems. That was what Mike Wilson, senior vice president of business… Read More
Transportation Labor Supports Jones Act
The Transportation Trades Department (TTD) of the AFL-CIO has come out in opposition to legislation introduced by Senators McCain and… Read More
‘Extortion!’ Truckers Paying More Than Fair Share of Highway Revenues
Extortion: that’s what Chris Spear, president and CEO of the American Trucking Associations, calls the Washington gridlock that has resulted… Read More
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Instagram is the king of all social networking platforms. It has over 400 billion active users who log in every… Read More
A Tale Of Two Christmases?
Peak season is fast approaching for container carriers and Xeneta, the leading global benchmarking and market intelligence platform for containerized… Read More
Shippers Need Higher Ocean Rates
Ocean container shipping rates have been scraping rock bottom for several years, but the financial losses being racked up by… Read More
Lanetix Launches Collaboration Suite in Response to Digital Disruption
Lanetix, a provider of cloud-based digital process automation (DPA) and collaboration solutions for the transportation and logistics industry, announced the… Read More
Dealing With the Winds Of Change
In today’s business world, the days of being set in your ways – as an employee and a manager –… Read More
Software is No Longer a Barrier
Will digitization reshuffle the deck in the marketplace of logistics services? The IT experts at AXIT, a Siemens company, believe… Read More
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