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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
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Antidumping and Countervailing Duties Overview
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Port of Oakland Import Volume Spiked 19 Percent
Port of Oakland import cargo volume increased 19 percent in March over 2016 totals, according to figures released by the… Read More
Norway is First to Ratify Compensation Regime for Hazardous Cargoes
Norway became the first signatory to a key compensation treaty covering the transport of hazardous and noxious substances (HNS) by… Read More
Intermodal Shippers: How to Avoid Extra Charges
Intermodal shippers often wonder what the difference is between demurrage, detention, per diem, and storage charges. The confusion of the… Read More
Commemorating National Maritime Day
A little-known annual American commemoration is coming up again on Monday, May 22, National Maritime Day. It was declared by… Read More
Carmichael International Expands Customs Brokerage Network To Detroit
Carmichael International Service, one of North America’s largest customs brokerage and trade compliance specialists, has announced it is expanding into… Read More
AASHTO and AAPA Hold Infrastructure Week Briefing on Freight
In conjunction with Infrastructure Week (May 15 to 19), the American Association of State Highway and Transportation Officials (AASHTO), the… Read More
Cleaner Fuels Could Lower Risk for Arctic Shipping
A report published by the International Council on Clean Transportation (ICCT) finds that using heavy fuel oil in Arctic shipping… Read More
Fashion Jobs You Didn’t Know Were Connected to International Trade
When you think haute couture, you think of the fashion capitals of the world – Milan, Paris, New York, London,… Read More
Unveiling 2017 Global Supply Chain Survey
GEODIS is sharing the latest insights about supply-chain challenges that face market stakeholders and shows where they feel potential for… Read More
WATCH: Port of Los Angeles Launches Digital Pilot
A GE-Port of Los Angeles partnership launched a pilot at APM Terminals with Maersk Line and Mediterranean Shipping Company (MSC)…. Read More
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