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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
Cyber Kinks in the Global Supply Chain
As one of the most critical links in the global supply chain, shipping is often considered the lifeblood of the… Read More
BY AIR … AND BY SEA … AND BY LAND
When is an air cargo company not just an air cargo company? When it has the capabilities to provide a… Read More
Supply-Chain Challenges & Solutions
The modern supply chain is becoming more complex by the day. Businesses continue to struggle with keeping their supply chain… Read More
Logistics Company Implements HighJump Enterprise WMS
Prime Distribution Services, an Ascent Global Logistics company, has finalized the implementation of cloud-based HighJump Enterprise Warehouse Management System (WMS)… Read More
Euroconsol Announces Direct Service from China to Poland
Euroconsol, a neutral global NVOCC and freight consolidator, has announced a new, direct less than container load and full container… Read More
Restricted Party Screening to Minimize Risk in Developing Markets
Entering new markets is exciting, filled with new opportunities, fresh starts, and hopefully an endless new customer list. Whether establishing… Read More
Account Based Marketing
It’s one thing to manage a successful business, but it’s another to successfully market it. For companies in the transportation… Read More
Port of Virginia Orders Four New Cranes
The Port of Virginia has signed a contract for the purchase of four new ship-to-shore cranes that are part of… Read More
SC Ports 2017 Container Volume Up 13 Percent
The South Carolina Ports Authority announced 2017 container volume increases of 13 percent and the strongest July on record. Since… Read More
WHAT’S UP ON-DOCK
In June, the Port of Toledo announced that it had reeled in a big fish. Cliffs Natural Resources, a large… Read More
NAFTA Under Trump: Will it Stay or Will it Go?
We all know that President Donald Trump campaigned against NAFTA in the lead-up to last November’s election, calling it “the… Read More
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