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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.
Freight Train Derailment Sparks Fire Near US-Mexico Border
A freight train transporting gasoline and propane derailed near the Arizona-New Mexico border, igniting a blaze that engulfed approximately six… Read More
Digital Vulnerability is Transport Industry’s No. 1 Risk
Top executives in Asia’s transportation industry see digital vulnerability as their primary business risk, reflecting the changing causes and nature… Read More
Intelligent Solutions for Smarter Logistics
Created by former Amazon Web Services (AWS) platform engineers, Locus, a Californian start-up with a global presence, promises an intelligent… Read More
Asia Pacific Airlines: Good Start to 2017
Preliminary traffic figures for the month of January released by the Association of Asia Pacific Airlines (AAPA) showed a good… Read More
Maersk Expecting Earnings Rebound
Maersk Line expects its net earnings to rebound by over $1 billion from a loss of $384 million in 2016… Read More
Managing Ocean Carrier Rates Costs Forwarders Half a Billion
It costs freight forwarders no less than $500 million a year to find and manage ever-changing ocean carrier rates. That… Read More
DHL Expands Green Urban Deliveries
DHL Express is piloting a new City Hub concept that will enable increased use of cargo bicycles for inner-city deliveries…. Read More
Illogical Port Choices by Liner Alliances
In a ground-breaking analysis Drewry has examined the correlation between carrier terminal ownership and the choice of port calls by… Read More
3D Container Cargo Inspection Developed
A group of South Korean researchers has developed technology for three-dimensional inspection of container cargo that could reduce processing time… Read More
Americold Breaks Ground on Utah Expansion
Americold, a provider of temperature-controlled warehousing and logistics to the food industry, has broken ground in Clearfield, Utah, to expand… Read More
APM Terminals Lazaro Cardenas Opens
APM Terminals Lazaro Cardenas received its first official vessel call with the arrival of the 9,600-TEU Maersk Salalah on the… Read More
Virginia International Gateway Starts Three-Year Expansion
Work got underway last week at the Virginia International Gateway (VIG) on a $320 million expansion project that will nearly… Read More
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