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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
Evergreen Line Expands Far East Cargo Services at PortMiami
Evergreen Line has chosen PortMiami for its expanded cargo services from the United States Atlantic Coast to the Far East… Read More
Tigers Fly Cargolux to Hanoi
Cargolux Airlines International has flown four tigers to Hanoi in support of an effort to ensure the survival of the… Read More
Shipping Emissions Kill
East Asia has being heavily affected by the rise in shipping activities in the region, and has led to thousands… Read More
Air Freight Demand Growth Slows
The International Air Transport Association (IATA) released global air freight data showing that demand measured in freight ton kilometers slowed… Read More
China Starts Nationwide Customs Clearance Integration Program
Even with its dominance as the world’s biggest sourcing base and second largest consumer market, it has never been easy… Read More
A Foreshadowing of Things to Come?
A neopanamax containership was reported to have bumped into the wall of one of the new locks of the expanded… Read More
Ruscon Integrates Terminal Operations in Novorossiysk
RUSCON, a multimodal transportation operator in Russia, is integrating its terminal operations close to the Black Sea port of Novorossiysk… Read More
South Carolina Ports Authority Welcomes 8,500 TEU Vessel
The South Carolina Ports Authority (SCPA) welcomed last week the Hannover Bridge, first neopanamax size vessel to call Charleston after… Read More
WWL to Pay $98.9 Million for Fixing Prices of Ocean Shipping Services for Cars and Trucks
Wallenius Wilhelmsen Logistics (WWL), a Norwegian corporation, has agreed to plead guilty and pay a $98.9 million criminal fine for… Read More
Inside the Ingredients Supply Chain
Consumers see the goods sold by food and beverage companies as a single product, but of course it’s not that… Read More
ZIM to Adopt INTTRA eVGM Service as Compliance Tool for New International Container Weight Requirement
ZIM Integrated Shipping Services, a leading container shipping carrier, and INTTRA, the world’s ocean shipping electronic marketplace, have announced ZIM’s… Read More
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