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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.
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
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
AAPA Has Recommendations for Trump
The American Association of Port Authorities (AAPA) has sent a document to President-elect Donald Trump’s transition team, outlining opportunities for… Read More
Airforwarders Association Urges Infrastructure Investment in First 100 Days
The U.S. Airforwarders Association is urging the incoming Trump administration to prioritize infrastructure investment in its first 100 days. Airforwarders… Read More
CaroTrans Initiates First, Direct LCL Service from Poland to U.S.
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator has announced its first direct, weekly LCL service… Read More
Strikes Crippling Piraeus Port Competitiveness
Strikes that are crippling the port of Piraeus in Greece last week and this week are just the latest in… Read More
WHen’S THE RIGHT TIME TO MANAGE YOUR OWN FACILITY?
Are you thinking about operating your own warehouse? If you’re new to exporting that’s probably not the best idea. But… Read More
FOUR THINGS TO THINK ABOUT WHEN HIRING A DRAYAGE CARRIER
When it comes to carriers, the drayage industry tends to run a little differently. The majority of drayage carriers are… Read More
THE RISING APPEAL OF CROSSBORDER INTERMODAL SHIPPING
In mid-September, Schneider National announced that it had obtained the green light for streamlined Customs clearance for select commodities moving… Read More
CONSIDERATIONS FOR SHIPPING BY AIR TO ASIA
It was the classic shipper’s nightmare of an overseas shipment gone wrong. Albert Saphir, president of logistics consulting and training… Read More
Shyp to Provide Outsourced Fulfillment to Shopify Merchants
Shyp, a provider of parcel pickup, packaging, and shipping for small to medium businesses, announced a new integration with Shopify,… Read More
FMC: Information Infrastructure Key to U.S. Competitiveness
Critical information delivered to supply chain actors via a national portal will improve port performance and increase American economic competitiveness,… Read More
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