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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.
OneRail Unveils Inventory Visibility Solution to Tackle Shrinkage and Streamline Operations
OneRail, a pioneering provider of omnichannel fulfillment solutions, has introduced a cutting-edge Inventory Visibility solution on its OmniPoint® cloud-based platform… Read More
DHL Expands European Parcel Operations
DHL Parcel Europe, the Slovenian Pošta Slovenije, and the Hungarian Magyar Posta are cooperating in order to now provide a… Read More
Five Questions to Ask When Choosing a Top 3PL Provider
It’s every logistics pro’s responsibility to look for ways to get things done more efficiently. Luckily, most of us find… Read More
NAVTOR Takes Maritime Lead for EU Autonomous Vessel Project
NAVTOR is to spend the next three years helping the EU chart a route towards autonomous vessels. The Norwegian firm,… Read More
Hanjin Bankruptcy Challenges
Hanjin Shipping’s bankruptcy has resulted in countless containers being stranded on vessels and piers, as port terminals refuse to handle… Read More
AAPA Announces Winners of 2016 IT, Environmental Programs
The American Association of Port Authorities (AAPA) has named the winners of the 2016 Environmental Improvement and its Information Technology… Read More
SWITCHING OFF AUTOPILOT
Air cargo is the obvious transportation option if you need to get something somewhere fast. If you have a shipment… Read More
BUILDING GLOBAL SUPPLY CHAINS WITH LOGISTICS PARTNERS
Albert Saphir, principal of ABS Consulting, was contacted not long ago to help with an international sourcing effort that could… Read More
Hanjin’s Collapse: Preparing for Supply Chain Disruptions
Managing supply chain risk in today’s environment is an increasingly difficult task. Globalization, natural disasters, geopolitical concerns, and more can… Read More
Industry Calls for Passage of TPP
The heads of the National Association of Manufacturers (NAM), the American Farm Bureau Federation, the Coalition of Services Industries, and… Read More
Perishable Reefer Trade Growth to Remain Strong
Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in 2015 – and… Read More
IMO Urges Countries to Ratify London Protocol
The International Maritime Organization (IMO) is urging governments to ratify the London Protocol treaty which regulates the dumping of wastes… Read More
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