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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.
Port of Lake Charles Surges into Top 10 US Ports for Cargo Handling
The Port of Lake Charles has catapulted into the ranks of the nation’s top 10 busiest ports, according to the… Read More
Pharmaceutical Cold Chain Monitoring App Adds Support For Android Devices
Onset, a supplier of data loggers and monitoring solutions, announced that the free InTemp mobile app for the company’s InTemp… Read More
Oakland City Council Votes to Ban Coal Exports
The Oakland City Council last week voted to approve an ordinance that would ban coal from being handled and stored… Read More
Federal Maritime Commission Adopts Measure to Ease SOLAS Compliance
The Federal Maritime Commission has voted unanimously to allow the Port Operations and Safety Discussion Agreement (FMC Agreement No. 201233)… Read More
Survey Reveals Global Ocean Shipping Volume Uncertainty
Shippers appear to be expecting a peak shipping season this year that is anticlimactic. According to a survey released by… Read More
The Internet of Things in Supply Chain and Logistics
As supply chains are strained under competition, technology is proving to be a valuable differentiator and competitive advantage. In a… Read More
UK Forwarders: Confront, Don’t Duck Decision On Heathrow Expansion
The trade association that represents the UK’s freight forwarding and logistics businesses is concerned that last week’s news that the… Read More
Far East–North Europe Freight Rates are Recovering
The container shipping market is staging a small recovery, with short-term rates rising, suggesting long-term costs could soon follow suit…. Read More
Rheem Selects HighJump Warehouse Management System to Optimize Operations
HighJump, a global provider of supply chain network solutions, announced today that Rheem Mexico has selected the HighJump warehouse management… Read More
Volga-Dnepr Delivers 85-Ton Runner For Magadan’s New Hydroelectric Power Station
A turbine runner and tooling weighing 115 tons and destined for the Ust-Srednekanskaya hydroelectric power station has arrived safely at… Read More
At 60, The U.S. Interstate Highway System Shows Signs of Neglect and Decline
As the United States prepare to observe the 60th anniversary of interstate highway system, some are saying that it has… Read More
Hapag-Lloyd Connects with INTTRA eVGM Service
Liner shipping company Hapag-Lloyd is connecting with the INTTRA eVGM Service for facilitating compliance with new International Maritime Organization container… Read More
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