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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.
Adapting to Climate Change Challenges in the Cold Chain
Climate change is a multifaceted challenge, forcing businesses to adapt to a new reality governed by rising global temperatures and… Read More
Oil Tanker Officer Sentenced To Eight Months
A senior engineering officer employed by an Italian shipping company was sentenced to eight months in prison for deliberately concealing… Read More
U.S. Funding Team to Cut Heavy Truck Fuel Use
Peloton Technology is participating in the NEXTCAR program sponsored by the U.S Department of Energy’s Advanced Research Projects Agency-Energy. The… Read More
South Carolina Ports Post Record November Container Volume
The South Carolina Ports Authority (SCPA) reported its strongest November container volumes on record earlier this week. SCPA handled 175,217… Read More
RAMLAB Opens at RDM Rotterdam
Officials of the Port of Rotterdam Authority opened RAMLAB (Rotterdam Additive Manufacturing LAB) in an event that took place at… Read More
North American Grain Shipments Flowing
The St. Lawrence Seaway is expecting a strong finish to the shipping season as freighters deliver raw materials and exports… Read More
Everything You Need To Know About 3PL
When it comes to third party logistics (or 3PL as it is commonly known as), there is a lot to… Read More
Solar Panels Installed at Port of Long Beach
The Port of Long Beach is doing its part to contribute to a sustainable environment with the installation of a… Read More
Rotterdam in Joint Venture With Indonesia Port
The Port of Rotterdam Authority signed a joint venture agreement with the Indonesian state-owned port corporation Pelindo 1. The main… Read More
Handling the Supply Chain Butterfly Effect
Experiencing supply chain disruptions these days is like watching the butterfly effect at Mach speed. One delicate wing flap in… Read More
Transplace Acquires Lakeside Logistics
Transplace, a provider of transportation management services and logistics technology, has acquired Lakeside Logistics, a Canadian-based logistics services company. The… Read More
Port of Rotterdam Aims to Lead in Energy Transition
The Port of Rotterdam Authority wants to develop the port into the place where the energy transition takes shape. The… Read More
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