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.
Gather AI Secures $17 Million Investment to Revolutionize Warehouse Management with AI-Driven Solutions
Gather AI, a leading provider of advanced computer vision and AI-powered inventory monitoring solutions for warehouses, has announced a successful… Read More
Port of Virginia: November Cargo Volumes Strong
With peak season nearing its close, The Port of Virginia in November handled 236,155 TEUs making it the second-busiest month… Read More
Elaine Chao Earns Praise from Transportation, Logistics Lobbies
While some of President-Elect Donald Trump’s cabinet choices have been greeted with skepticism, the selection of Elaine Chao as Secretary… Read More
Globalization Has Surpassed Pre-Crisis Peak
DHL, the global logistics leader, has released the fourth edition of its Global Connectedness Index (GCI), a detailed analysis of… Read More
Warehouse Management Contract With Largest Brewer in East Africa
Bolloré Logistics Kenya has secured a contract to provide warehouse management services to Kenya Breweries Limited, a subsidiary of Diageo… Read More
Fastest Air Cargo Growth in 18 Months
The International Air Transport Association (IATA) released data for global air freight markets in October 2016 showing that demand, measured… Read More
Port Tampa Bay Expands Footprint
Already the largest and most diversified seaport in the state of Florida, Port Tampa Bay announced yesterday the opening of… Read More
MacroPoint Licensing to 10-4
MacroPoint, creator of patented freight tracking software, has announced that 10-4 Systems is licensing the company’s technology. 10-4 Systems is… Read More
CMA CGM Improves Service Between North Europe and Central America
CMA CGM has announced an improved service directly connecting North Europe with Central America. The enhanced ECS service will provide… Read More
Carmichael International Expands To Mexico
Carmichael International Service, one of North America’s largest customs brokerage and trade compliance specialists, has announced that it has expanded… Read More
Hyundai Named Preferred Bidder for Algeciras Terminal
Hyundai Merchant Marine has been named the preferred bidder for a port terminal in Algeciras, Spain, according toa company announcement…. Read More
Rubio Introduces Bill Sanctioning China
U.S. Senator Marco Rubio, a Republican of Florida, introduced yesterday the “South China Sea and East China Sea Sanctions Act,”… Read More
« Previous 1 … 352 353 354 355 356 … 533 Next »