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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.
Innovating Warehouse Efficiency: Gather AI Introduces Drone-Powered Inventory Solutions
Gather AI, renowned for its computer vision-based AI solutions for warehouse inventory monitoring, unveils two groundbreaking capabilities: inferred case counting… Read More
Chinese Logistics Industry Enters Blockchain Era
A Blockchain Application Subcommittee initiated by the China Federation of Logistics and Purchasing (CFLP) was unveiled at the recent 2016… Read More
China To Streamline Logistics
The Chinese government has proposed an overhaul of China’s logistics industry and infrastructure. According to a recent report in the… Read More
Building an Effective Logistics Strategy
There is a lot more to logistics than just making tactical decisions about transportation and warehousing. You need to develop… Read More
Sino-Global Develops Logistics Strategy
Sino-Global Shipping America, Ltd., a non-asset based global shipping and freight logistics solution provider, has signed an inland transportation agreement… Read More
U-Freight Spots Ecommerce Logistics Opportunities
The growth potential of global ecommerce is far from exhausted, according to the head of Hong Kong-headquartered international logistics provider… Read More
Shipping Traffic on Russia’s Northern Sea Route Grows
Shipping traffic in Russia’s Arctic waters saw significant growth in 2017, with cargo volume increasing by 40 percent over 2016…. Read More
UPS And Optoro Form Strategic Alliance
UPS has formed a strategic alliance with Optoro, providing a one-stop shop solution for retailers and manufacturers to optimize the… Read More
50-Foot Dredging for Lower Mississippi River
A plan released last month by the U.S. Army Corps of Engineers would deepen portions of the Mississippi River navigation… Read More
INTTRA Celebrates 15th Anniversary
Marking its 15th anniversary in 2016, INTTRA, the world’s ocean shipping electronic marketplace, looks back on the success of its… Read More
U.S., Canada Take Steps in Arctic
In a meeting in late December between U.S. President Barack Obama and Canadian Prime Minister Justin Trudeau, the two countries… Read More
Enhancing Global Cold Chain Support in 13 Countries
In 2016, Pelican BioThermal, a global cold chain leader, now has new locations and strategic partnerships in 13 countries across… Read More
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