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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.
Freight Train Derailment Sparks Fire Near US-Mexico Border
A freight train transporting gasoline and propane derailed near the Arizona-New Mexico border, igniting a blaze that engulfed approximately six… Read More
A.P. Møller – Mærsk A/S to Split in Two
A.P. Møller – Mærsk A/S will be dividing itself in two. A Transport & Logistics division will be separated from… Read More
Omnitracs Launches FleetScience Digital Hub for Transportation and Logistics Industry
Omnitracs, LLC, a global provider of fleet management solutions to transportation and logistics companies, announced today the launch of its… Read More
Pharmaceutical Logistics Expected to Grow at Seven-Percent Clip
Temperature control, regulatory compliance, security, safety and chain of custody are key issues for pharmaceutical manufacturers. In every organization, logistics… Read More
UPS Pursues Sustainability Research
A pair of Department of Energy grants awarded to UPS will enable the company and a team of engineers to… Read More
Will the Hanjin Grinch Steal Christmas?
By golly, it looks like Santa may just not make his rounds everywhere this holiday season. This is no joke…. Read More
SCPA Finalizes Plans to Construct Second Inland Port
The South Carolina Ports Authority announced plans to develop a second inland port in Dillon, South Carolina, to support growth… Read More
Proposed Single EU Procedure for Aviation Security Screening
Following up on aims to promote a genuine security union and a more competitive EU security industry, the European Commission… Read More
DHL Expands in Seattle
Responding to a growing need on the part of area businesses, DHL has expanded its operations in Seattle with the… Read More
DB Schenker Completes Warehouse Modernization
DB Schenker has completed a renovation of its 80,000 square-foot facility in Kearny, New Jersey, near the high-end fashion district… Read More
Evergreen Responds to Hanjin Disruptions
Evergreen Line has added new functions to its online ecommerce system in response to the unexpected service disruption caused by… Read More
CAI International Announces Impact of Hanjin Bankruptcy
CAI International, Inc., an international transportation finance and logistics company says it is financially exposed as a result of the… Read More
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