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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.
Building Resilient Supply Chains through Collaboration and Digital Connections
Collaboration and communication are increasingly important for effective continuity planning and business development in a complex and uncertain global supply… Read More
Digitization in the Ocean Industry is at a Tipping Point
INTTRA, the ocean container shipping industry’s largest neutral electronic transaction platform and information provider, hosted executives at its Technology Summit… Read More
South Carolina Ports Achieves Record May Container Volume
The South Carolina Ports Authority announced the highest May container volume in its history, pushing fiscal year-to-date volumes past the… Read More
Trump’s Evolving China Trade Policy
Given President Donald Trump’s harsh rhetoric on the campaign trail regarding China trade issues, observers assumed that the Trump administration… Read More
WATCH—Regulatory Relief for Infrastructure Development
President Donald Trump wrapped up the White House’s Infrastructure Week on Friday with remarks at the Department of Transportation on… Read More
Qatar Diplomatic Crisis Ensnares Ocean Carriers, Ports, Qatar Airways
After the United Arab Emirates, Saudi Arabia, Bahrain, and Egypt broke diplomatic ties with Qatar over the weekend, global ocean… Read More
Alaska Air Cargo Delivers 22,000 Pounds of Copper River Salmon to Seattle
The season’s first shipment of fresh Copper River salmon made the 1,300-mile journey from Cordova, Alaska, to Seattle onboard an… Read More
Canadian Shipping Endorses International CO2 Reduction Targets
The Chamber of Marine Commerce (CMC) is endorsing proposed international targets to reduce marine shipping’s carbon emissions per ton-kilometer by… Read More
Going Global: Navigating the Pitfalls and Opportunities of Crossborder Selling
In the first of this three-part series, I introduced the challenges of crossborder selling. In Part 2, I’ll dive into… Read More
Freight Forwarding and Digital Customer Service Five Years From Now
Today we shop in our pajamas, comfortable behind our screens. For consumers, ecommerce has become our baseline service expectation –… Read More
Army Corps Authorizes Final Funding for Delaware River Deepening
The US Army Corps of Engineers released its Fiscal Year 2017 Work Plan which allocated $29.25 million towards the Delaware… Read More
The Best is Yet to Come for Container Ocean Carriers
The majority of container shipping lines lost money in the first three months of 2017, but higher rates and fast-growing… Read More
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