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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.
Moving Your Business Forward: Tailored Solutions from Commercial Moving Experts
When relocating your business, the process can seem daunting and complex, with many critical factors to consider. From minimizing downtime… Read More
CaroTrans Expands Direct Europe-to-US Service
CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has announced a new, direct weekly less than containerload… Read More
Port Everglades Records Record High in December
Port Everglades had a record-setting month in December 2016, logging 104,590 TEU moving through the port. This is the highest… Read More
Port of Oakland, Partners Spending $600 Million on Future Growth
A Port of Oakland executive outlined a $600 million spending plan here today for growth at his West Coast trade… Read More
Drewry Launches Credit Research for Maritime
Drewry Financial Research Services, the investment research arm of global shipping consultancy Drewry, has launched a new credit research service… Read More
Transportation CO2 Measures Will Not Achieve Climate Ambitions
Current and foreseeable policies to mitigate carbon-dioxide (CO2) emissions from global transportation activity will not suffice to achieve the international… Read More
What Does A Trump Administration Mean For Container Shipping?
Most elected leaders face a problem after winning an election: they can’t stop campaigning. Slogans, rhetoric, victory and the adulation… Read More
A Tale of Two Trades
Growth in the two Asia export trades—to the Middle East and South Asia—is moving in opposite directions as the former… Read More
Americold Opens East Point, Georgia, Facility
Americold, a global leader in temperature-controlled warehousing and logistics for the food industry, officially opened its most recent facility addition… Read More
INTTRA Container Orders Grew 16 Percent in 2016
INTTRA generated 16 percent growth in 2016 over 2015 in container orders, which include bookings, shipping instructions, and shipping orders…. Read More
Where Have All the Hanjin Ships Gone?
With South Korea’s Hanjin Shipping undergoing liquidation, sales of its vessels have so far netted $460 million at auction, with… Read More
Kicking the Can Down the Road
The cascade of ships from Asia-Europe is passing overcapacity on to smaller trades that most often don’t have the demand… Read More
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