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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.
Port of Lake Charles Surges into Top 10 US Ports for Cargo Handling
The Port of Lake Charles has catapulted into the ranks of the nation’s top 10 busiest ports, according to the… Read More
Transportation and Economic Issues Addressed During Shipper Symposium
Transplace, a provider of transportation management services and logistics technology, wrapped up its 15th annual Shipper Symposium in Austin, Texas… Read More
Container Shipping: Full Speed Ahead in First Quarter
A couple of weeks ago we argued that unexpectedly strong demand growth was one of the main causes of port… Read More
Improving America’s Infrastructure with the Most Advanced and Cleanest Equipment
Hundreds of organizations honored the accomplishments and focused on the future growth of America’s national infrastructure during Infrastructure Week last… Read More
New UPS Phoenix Hub Adds Ecommerce Capacity
UPS has announced plans for a new package processing hub in Goodyear, Arizona, a rapidly growing commercial and residential community… Read More
The Modern 3PL: Why 2017 Calls for Radical Transparency
Business integrity and transparency have been making headlines in 2017 for a very good reason. Consumers today make the effort… Read More
WATCH: Legacy Systems and New IT Platforms
Thought leaders from transportation and logistics companies discuss the biggest challenges involved in migrating to new technologies, including change management… Read More
Global Logistics: Generation Digital
Markus Sontheimer, chief information officer at DB Schenker, discusses the importance of digital technologies to freight forwarders and others involved… Read More
A Plan for Improving US Roads and Bridges
The Committee for Economic Development of The Conference Board (CED) issued a report with recommendations for improving America’s roads and… Read More
Driverless Trucks: Jobs and Legal Issues
Governments must consider ways to manage the transition to driverless trucks in order to avoid potential social disruption from job… Read More
Japanese Ocean Carrier Joint Venture Announces Operational Details
Kawasaki Kisen Kaisha, Ltd. (K Line), Mitsui O.S.K. Lines, Ltd. (MOL), and Nippon Yusen Kabushiki Kaisha (NYK) have announced that… Read More
New York City Renews Contract With XPO Logistics
XPO Logistics has announced that New York City Emergency Management (NYCEM) has renewed the company’s contract as logistics manager for… Read More
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