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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.
Supply Chain: Challenges and Key Solutions
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Cargolux Renews GDP Certification
Cargolux Airlines has successfully passed its GDP (Good Distribution Practice) renewal audit, validating its GDP certification and attesting that the… Read More
SC Ports Authority Container Volume Climbs Five Percent
The South Carolina Ports Authority has reported a 5.4-percent increase in TEU volume for the current fiscal year to date,… Read More
Safety Standards for Shipping Liquid Hydrogen
Australia and Japan signed a memorandum at the headquarters of the Australian Maritime Safety Authority (AMSA) in Canberra which will… Read More
Landstar Moves to New U.S.-Mexico Logistics Center
Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions, announced the opening of its Landstar U.S./Mexico Logistics… Read More
Logistics and Supply Chain Solutions for Ghana
Supply chain and logistics services provider Imperial Logistics has partnered with Ghanaian conglomerate LMI Holdings to form a new business,… Read More
Political Battle Lines Drawn on Infrastructure
Congressional Democrats this week introduced a $1 trillion infrastructure plan and invited President Donald Trump to join them in getting… Read More
Freight On Digital Fast Track
DHL, the express, transport, and logistics specialist within Deutsche Post DHL Group, has launched CILLOX, an online marketplace that connects… Read More
CargoSphere Announces eSUDS
CargoSphere, the single rate platform for frictionless rate distribution, networking and cloud-based freight rate management, announced an industry-first: eSUDS (electronic… Read More
Financial Security for Seafarers in Force
New obligations under the Maritime Labor Convention which require shipowners to have compulsory insurance to cover abandonment of seafarers, as… Read More
DOJ: 2016 One of its Most Successful Years on Environmental Enforcement
The Department of Justice’s Environment and Natural Resources Division published its accomplishments in 2016, documenting one of the most successful… Read More
Three Consecutive Years of Record Temperatures
With a boost from El Nino, 2016 began with a bang. For eight consecutive months, January to August, the globe… Read More
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