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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.
Essential Guidelines for US Freight Forwarders
In a bid to clarify export compliance responsibilities, the Bureau of Industry and Security (BIS) has recently issued comprehensive guidance… Read More
THE Alliance Calls Port of Philadelphia
THE Alliance made its first call to the Port of Philadelphia’s Packer Avenue Marine Terminal (PAMT) last week as part… Read More
Consider These Factors When Negotiating This Year’s Ocean Contracts
The 2017-18 ocean shipping contract season is underway. As you evaluate your budget and ponder the best way to approach… Read More
Cutting the Cost of Exceptions of Ocean Shipments
In the ocean transportation industry, exceptions can happen and exceptions can hurt. Whether the exception occurs on land or on… Read More
North American Launch for European Emergency Logistics Specialist
Europe-based emergency logistics specialist Evolution Time Critical has announced the opening of a new office in Atlanta. The automotive expert… Read More
Compliance With Export Controls Start at the Top
Senior managers focus on increasing productivity, reducing costs, developing products, and winning customers. Export control compliance is often considered a… Read More
The Most Valuable Global Logistics Brands
Every year, leading valuation and strategy consultancy Brand Finance values the brands of thousands of the world’s biggest companies. Brands… Read More
WATCH: Seeking Digital Startups for Supply Chain and Logistics
Maersk and Ericsson are partnering with Silicon Valley’s Plug and Play to develop innovative ideas in transport and logistics through… Read More
Trump’s Executive Actions May Delay Infrastructure Projects
President Donald J. Trump has signed a number of executive orders intending to cut through or eliminate regulatory processes to… Read More
UPS Expands China-Europe Rail Service
UPS has announced the addition of six stations to its Preferred full and less-than-container load (FCL and LCL) multimodal rail… Read More
Port of Oakland: Hundreds of New Jobs On the Way
Industrial development will soon create hundreds of new jobs at the Port of Oakland. The challenge: finding enough skilled workers… Read More
Double-Digit Import Growth Despite Tariff Talk in Washington
Imports at the nation’s major retail container ports should see double-digit year-over-year increases for the next two months as a… Read More
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