Looking for the latest news on global logistics and supply chain management? Get inside information on global shipping, warehousing, and foreign trade.
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.
Robotic Process Automation Market to Reach US$ 26.5 Billion by 2033
The global demand for robotic process automation market is expected to reach $3.2 billion by 2023. Forecasts anticipate that by the end of 2033,… Read More
CargoAi Introduces Groundbreaking Air Freight Load Board for Airlines and Forwarders
CargoAi, a leading global provider of airfreight technology solutions, is revolutionizing the industry with the launch of its latest innovation:… Read More
Global Packaging Automation Solution Market Expected to Reach US$ 155 Billion by 2033
The global packaging automation solutions market is poised to achieve a significant milestone, with projections indicating it will reach a value of US$… Read More
Bolloré Logistics Showcases Cutting-Edge Solutions at MRO Show in Chicago
Bolloré Logistics, a prominent global player in logistics and supply chain solutions, is set to make a significant mark at… Read More
Uniting Forces Against Illicit Wildlife Trade in Global Supply Chains
Illegal wildlife trafficking persists as a grave menace to biodiversity, economic stability, and global security. The clandestine trade not only… Read More
Enhancing Supply Chain Resilience Through Proactive Fleet Safety Management
Prior to the COVID-19 pandemic, supply chains largely targeted efficiency above all else. After a series of widespread and lasting… Read More
An Efficient Warehouse Should Incorporate These 8 Design Choices
Running an efficient warehouse is one of the most crucial aspects of business management. It directly impacts bottom lines, as… Read More
China’s Container Trade Faces Hold-Offs Due to Supply-Demand Imbalance
Container xChange has released its latest China market update, shedding light on the current container price trends in China. Despite expectations of… Read More
What Drives the Evolution of IoT in Fleet Management Today?
The Internet of Things (IoT) has thoroughly disrupted the logistics industry. Many fleets have already adopted and seen promising results… Read More
CTS Expands Global Reach with State-of-the-Art Warehouse in Mexico City
In a strategic move to enhance its service capabilities in one of the world’s fastest-growing markets, CTS, a premier logistics… Read More
ODW Logistics to Showcase Innovative Retail Consolidation Solutions at Shoptalk 2024 in Las Vegas
ODW Logistics Helps Retailers Save Over 30% On Transportation Expenses And Contribute To A Greener Environment ODW Logistics, a rapidly… Read More
Kardex Introduces FulfillX: Revolutionizing Order Fulfillment Efficiency at MODEX 2024
Kardex made waves at MODEX 2024, the premier international supply chain trade show held in Atlanta from March 11 to… Read More
« Previous 1 2 3 4 5 … 533 Next »