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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.
Supply Chain: Challenges and Key Solutions
No business can exist without a supply chain! Supply chains are the nerves of the business ecosystem. Supply chains are… Read More
BDP Expands into Morocco
BDP International, a privately held global logistics and transportation services company, is opening an office in Casablanca, Morocco, this month…. Read More
OOCL Will Penalize Shippers for VGM Discrepancies
Orient Overseas Container Lines (OOCL) has announced that it will impose on shippers the costs of any failure to comply… Read More
Shipping on St. Lawrence Seaway Off to Solid Start
Demand for raw materials from the U.S. manufacturing and construction sectors has kept St. Lawrence Seaway cargo shipments at a… Read More
Supply Chain Resiliency: Developing a Strong Posture
“Typhoon Halong in Western Japan not only devastated regional economics and residents, it also had a significant impact on regional… Read More
Ocean Shipping in Asia Safer This Year
A total of eight incidents of piracy and armed robbery against ships were reported in Asia in May 2016. This… Read More
Ditch EDI to Overhaul Transportation Communication Systems: Report
On May 30, the retailing giant Target’s new policy of penalizing transportation professionals for supply delays and inaccuracies went into… Read More
Shipping Must Prepare for Stricter Black Carbon Emission Regulations
A new global challenge and a compliance monitoring market are emerging, due to tightening environmental regulations. VTT Technical Research Center… Read More
Legislation Would Exempt Puerto Rico From the Jones Act
An Alabama congressman has offered an amendment to the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), currently pending… Read More
Partners Developing Lunar Delivery Service
DHL and Airbus Defence and Space are supporting Astrobotic to develop its lunar payload delivery service. Astrobotic, is building a… Read More
WMS Helps Speed Up Logistics Processes
EUROLOGIC, a logistics operator and 3PL provider in the Moscow area, has implemented Infor Supply Chain Execution, a warehouse management… Read More
Choice Logistics Announces Strategic Relationship with NCE Group
Choice Logistics has entered into an agreement with NCE Group to provide repair and other technical services at Choice Logistics… Read More
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