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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
When relocating your business, the process can seem daunting and complex, with many critical factors to consider. From minimizing downtime… Read More
3PL Market to Hit Over One-Trillion Dollars by 2022
The global third party logistics (3PL) market is projected to exceed $1 trillion by 2022 at an annual average growth… Read More
UASC Chooses INTTRA’s eVGM Service to Receive VGM Under New Requirement
With implementation of a new global container weight requirement less than a month away, United Arab Shipping Company (UASC), an… Read More
FIVE TIPS FOR WORKING WITH ROAD TO ROLL-ON/ROLL-OFF CARRIERS
Global shipping and logistics can be a complicated puzzle. With a wide array of options available to piece together the… Read More
Logistics Hiring: Warehousing Up, Transportation Down
It’s difficult to put a positive spin on the May job numbers released by the Department of Labor. Labor force… Read More
Port Of Los Angeles Adopts 2016/17 Budget
The Los Angeles Board of Harbor Commissioners has approved a $1.17 billion fiscal year (FY) 2016/17 annual budget for the… Read More
Port of Cartagena Working With IBM-Cisco Collaboration to Push Technology Boundaries
The Port of Cartagena, in Colombia, is tapping into analytics on the edge to improve the port’s efficiency in the… Read More
Virginia Continues its Concerted International Trade Program
The Virginia General Assembly recently passed legislation establishing the Virginia International Trade Corp. (VITC). VITC will coordinate private and public… Read More
State-of-the-Art Container Cranes on Their Way to Jacksonville
The port of Jacksonville’s three newly constructed 100-gauge cranes departed last week from Shanghai, China, en route to JAXPORT. The… Read More
New Zealand Takes Flexible Approach to SOLAS
Maritime New Zealand, a state maritime safety authority, has worked successfully at the International Maritime Organization (IMO) to ensure flexibility… Read More
EXAMINING MULTIMODAL STRATEGIES FOR YOUR LOGISTICS PROGRAM
Since March this year, the Port of Chennai has been offering shippers free haulage between the Indian city and the… Read More
ADVANTAGES OF OUTSOURCING TO A 3PL
One of the most cumbersome aspects of expanding business globally is designing and implementing a supply chain that aligns with… Read More
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