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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.
Building Resilient Supply Chains through Collaboration and Digital Connections
Collaboration and communication are increasingly important for effective continuity planning and business development in a complex and uncertain global supply… Read More
Panama Canal Issues RFP for Corozal Container Terminal
The Panama Canal Authority (ACP) has issued a Request For Proposals (RFP) to the four pre-qualified port operators selected to… Read More
Wallenius Wilhelmsen Logistics and Affiliate Pay $1.5 Million Penalty
The Federal Maritime Commission has announced it has reached a compromise agreement with Wallenius Wilhelmsen Logistics AS (WWL) and its… Read More
Automatic Truck Loading and Unloading Technology Coming to U.S. Market
The Heico Companies LLC have acquired of Ancra Systems B.V. Ancra Systems is a leader in the field of automatic… Read More
Port of Philadelphia Welcomes First Shipments of Brazilian Beef to U.S.
Officials of the Philadelphia Regional Port Authority (PRPA) and other port industry leaders last week welcomed an historic shipment: the… Read More
ABS Awarded Maritime Cybersecurity Research Contract
ABS, a provider of classification and technical services to the global marine and offshore industries, has been awarded a research… Read More
DHL Express Opens New Sorting Center in Leipzig
DHL opened a new sorting center at its express hub in Leipzig last week. Thanks to the state-of-the-art sorting facility,… Read More
Sarenza and XPO Logistics Inaugurate New Paris Logistics Platform
Shoe retailer Sarenza, and European supply chain company XPO Logistics, inaugurated a new logistics platform in Réau (Seine-et-Marne). The tailored,… Read More
WRDA 2016 Headed for House-Senate Conference Negotiations
The American Association of Port Authorities (AAPA) is focusing on three key priorities for the 2016 Water Resources Development Act,… Read More
Shipping: Indispensable to the World
Shipping is indispensable to the world. That was the message shared around the world as the International Maritime Organization (IMO)… Read More
Arctic Council Advances Environmental, Development Agenda
Senior officials from the Arctic Council’s eight member states and six indigenous permanent participant organizations (PPs) concluded their latest meeting… Read More
No Reprieve for Multipurpose Shipping until 2018
The last three months have been some of the worst the multipurpose and project carrier sector has endured in living… Read More
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