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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.
Redwood Logistics and American Tire Distributors to Showcase Innovative Supply Chain Orchestration at Gartner Symposium
Redwood Logistics, a leading fourth-party logistics (4PL) provider in North America, is set to sponsor the highly anticipated 2024 Gartner… Read More
Port of Virginia Posts Record August Volumes
The Port of Virginia experienced the most productive August in its history, moving 240,605 TEU, a 2.2 percent increase when… Read More
CSX Begins Operations at Pittsburgh Intermodal Rail Terminal
CSX began operations at its new Pittsburgh intermodal rail terminal, located in McKees Rocks, Pennsylvania, last week. The facility provides… Read More
Preparing for Golden Week
The following Q&A about Golden Week was provided by the freight forwarder Flexport. When is Golden Week? The National Day… Read More
US Waives Jones Act to Ease Hurricane Logistics
On September 8, in recognition of the severity of Hurricanes Harvey and Irma, Department of Homeland Security Acting Secretary Elaine… Read More
Port Newark Auto Terminal’s New Mobile RoRo Training Simulator
Ports America’s Port Newark Auto Terminal (PNAT) has purchased a mobile ro-ro operations labor training simulator, which prepares drivers for… Read More
50 SHADES OF GRAY AREA
Entering new markets is exciting, filled with new opportunities, fresh starts and hopefully an endless new customer list. Whether establishing… Read More
$500 Million in New Funding Available Through TIGER Program
The United States Department of Transportation today announced this week the opportunity for state and local stakeholders to apply for… Read More
HMM Completes First Blockchain Pilot Voyage
Hyundai Merchant Marine, with other members of a shipping and logistics blockchain consortium, conducted its first pilot voyage from Korea… Read More
US-China Trade Growing Robustly
In July, the United States goods trade deficit with China rose 10.6 percent year-on-year to reach $33.6 billion, a three-percent… Read More
OUT OF THE BIG BOX THINKING
With a population of just over 133,000, Visalia, California, isn’t what many would call a big city. Located halfway between… Read More
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