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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.
Moving Your Business Forward: Tailored Solutions from Commercial Moving Experts
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Port of Oakland Takes In Two Hanjin Ships
Hanjin Shipping vessels returned to the port of Oakland for the first time since the container carrier filed for bankruptcy… Read More
DP World Advising Azerbaijan Government On Free Trade Zone
Global port operator and logistics company DP World has entered into an advisory agreement with the Azerbaijan Ministry of Economy… Read More
Is Technology a Differentiator for Freight Forwarders?
The freight forwarding business is rapidly changing as competitive threats increase and the expectation to do more for shippers is… Read More
Inaugural FASTLANE Grants to Support Transportation Infrastructure
U.S. Transportation Secretary Anthony Foxx has announced 18 infrastructure projects across the country that will receive federal grants as part… Read More
Supply Chain is Driving Industrial Real Estate Demand
The U.S. industrial real estate market continued its positive run during the first half of 2016. In the second quarter… Read More
Year-Long North Pole Shipping Could Become Reality By End Of Century
Reductions in sea ice in the Arctic could lead to quicker and more regular shipping directly across the North Pole,… Read More
Arizona Pilot Program Raises Truck Weight Limits
The Arizona Department of Transportation has begun a year-long pilot program allowing slightly heavier trucks in one of the state’s… Read More
Shipping Industry Lobbies for More Hudson River Anchorage
Traffic on the Hudson River may not be as congested as it is in the Lincoln Tunnel that transports motorists… Read More
BREAKING: ILA Refuses to Unload Hanjin Ships, Then Reverses Itself
The International Longshoremen’s Association announced this morning that it would refuse to unload cargo from Hanjin ships. Later in the… Read More
Autonomous Vehicles: What to Expect from the NHTSA’s Highly Anticipated Guidelines
With less than a week until the start of autumn, industry leaders are eagerly awaiting the National Highway Traffic Safety… Read More
Companies and Engineers Convicted of Pollution Crimes
A federal jury in Greenville, North Carolina, has convicted Oceanic Illsabe Limited, Oceanfleet Shipping Limited, and two of their employees… Read More
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