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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.
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Lineage Logistics Opens New Facility in North Charleston
Lineage Logistics, a warehousing and logistics company held a grand opening for its state-of-the-art 180,000 square-foot cold storage distribution center… Read More
Kalmar Solution Offers Real-Time Terminal Productivity and Performance View
Kalmar has introduced Kalmar Insight, a performance management and improvement solution that offers terminals a real-time view of their productivity… Read More
XPO Logistics Unveils Largest LNG Truck Fleet in France
XPO Logistics inaugurated its new pallet distribution hub at Bondoufle, France, by unveiling a fleet of Stralis Euro VI Natural… Read More
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Hyundai Merchant, Creditors Agree on Debt Restructuring
Hyundai Merchant Marine Co., a financially troubled shipping company based in South Korea, has announced that it has reached an… Read More
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A milestone was reached last week when leaders representing all eight coast guard agencies of the Arctic nations signed a… Read More
TNT Expands International Express Service Coverage in Spain
TNT is expanding the coverage area of its international express delivery service in Spain, now offering next day delivery to… Read More
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Xeneta, the Oslo-based benchmarking and market intelligence platform for containerized ocean freight, has queired its worldwide database of contributors to… Read More
Making DHL Express Services More Accessible
ShipperHQ, a shipping rate management solution, has partnered with International Logistics Solutions (ILS) to make international shipping simpler and more… Read More
Indiana Ranks in Top 10 for 109 Logistics Categories
The newly released 2016 Indiana Logistics Directory reports that Indiana ranks high nationally in its ability to move freight via… Read More
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