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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.
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XPO Logistics Distributes Half a Million Christmas Trees to Michaels Stores
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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
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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
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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
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