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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
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
Flying Horses Spotted At Budapest Airport
Fourteen racehorses bred in Hungary were flown to China earlier this month, on board a Cargolux Boeing 747. The Friesian… Read More
Second Round of NAFTA Renegotiation Talks is History
Maybe it’s President Donald Trump’s criticisms and threats, but representatives of the United States, Canada, and Mexico say they’re making… Read More
Pasha Hawaii Announces Construction of Two New Containerships
Honolulu-based Pasha Hawaii has announced that two more ships will be joining its fleet which provides service to the Hawaii/Mainland… Read More
Renault Signs New Joint Venture in Iran
Groupe Renault is announcing the signature of a joint venture agreement with the Industrial Development & Renovation Organization of Iran… Read More
BABY, IT’S COLD INSIDE
Logistics firm DHL Global Forwarding put GSM-based 24/7 monitoring capability for temperature-sensitive shipments for the life sciences and healthcare industry… Read More
Supply Chain Impact Of Hurricane Harvey Will Be Worse Than Expected
Two of the world’s foremost experts on supply chain risk management, predicted that the global supply chain impact of Hurricane… Read More
How Blockchain Could Transform International Trade
Best known as the platform for cryptocurrencies like Bitcoin, blockchain technology allows transactions to be validated without the use of… Read More
Introducing Ingram Micro Prime Fulfillment
Ingram Micro Commerce & Fulfillment, a strategic business unit of Ingram Micro Inc., announced the launch of Prime Fulfillment by… Read More
Brexit: UK Wants In and Out of the EU
As the United Kingdom leaves the European Union it must also depart the EU Customs Union, which open only to… Read More
NAFTA Renegotiation: Separating Fact From Fiction
While most of this summer’s news from Capitol Hill has centered around health care, North Korea, and the investigation into… Read More
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