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.
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
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
Sails, Satellites, Drones, and Data
Nor-Shipping has revealed the shortlist for its Young Entrepreneur Award 2017, with the final four nominees championing innovations with the… Read More
Panama Canal to Launch State-of-the-Art Management System
In response to growing traffic through the waterway, the Panama Canal announced that it will launch a state-of-the-art vessel scheduling… Read More
Port of Oakland OKs $8.9 Million for Solar Power
The Port of Oakland has approved an $8.9 million deal to purchase solar power for the next 20 years. The… Read More
DHL Expands Ecommerce Fulfillment Solution in US
DHL eCommerce, a division of Deutsche Post DHL Group, announced the expansion of its ecommerce order fulfillment service available for… Read More
Swiss Post Drone Flies Lab Samples
Since mid-March, Swiss Post, the Ticino EOC hospital group, and drone manufacturer Matternet have been successfully conducting initial drone flights… Read More
DHL and Gatwick Turn Airline Waste Into Energy Onsite
Gatwick Airport and DHL Supply Chain today formally open a new waste management plant, becoming the first airport in the… Read More
FMC Approves East Coast Port Gateway Terminal Agreement
Port authorities in Virginia and Georgia will be allowed to engage in discussions about a variety of commercial and operational… Read More
WATCH: Reconnecting Asia
China has put forward an ambitious program to develop overland infrastructure links to connect Asia and Europe, as have… Read More
Arctic Sea Ice Maximum At Record Low For Third Straight Year
Arctic sea ice appears reached its annual maximum extent on March 7, 2017, the lowest maximum in the 38-year satellite… Read More
Apps vs. Chatbots: The Fight for the Supply Chain Future
The user end of the supply chain has a huge effect on the whole thing. It’s for this reason that… Read More
« Previous 1 … 326 327 328 329 330 … 542 Next »