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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.
Iran Tensions’ Global Trade Impact Revealed by Seized Ship Cargo
The ship MSC Aries recently made headlines after being seized by Iran’s Islamic Revolutionary Guard Corps near the Strait of… Read More
Infrastructure Issues Hinder Weakened U.S. Trucking
“The U.S. trucking industry is already teetering on the edge of crisis mode – if it hasn’t entered it already… Read More
Pilot Shortage Threatens FedEx, UPS, DHL
A growing pilot shortage is disrupting small package delivery services in hubs at Atlanta, Memphis, Cincinnati, and Fort Lauderdale of… Read More
DHL Opens Life Science Competence Center at Amsterdam-Schiphol
DHL Global Forwarding opens a new logistics center for life science and healthcare products at Amsterdam-Schiphol. The new Life Science… Read More
CEVA Upgrades Customs Clearance Procedures in Brazil
CEVA Logistics, one of the world’s leading supply chain management companies, has significantly upgraded its clearance procedures in Brazil to… Read More
UPS To Launch On-Demand 3D Printing Manufacturing Network
UPS will launch a distributed, on-demand manufacturing network that links its global logistics network with 3D printers at The UPS… Read More
Kuehne + Nagel Will Use INTTRA’s eVGM Service
INTTRA will become Kuehne + Nagel’s exclusive provider of service to submit its VGM information to ocean carriers. Kuehne +… Read More
Container Volume Up Three Percent at South Carolina Ports
The South Carolina Ports Authority reported a 2.8 percent increase in twenty foot-equivalent unit (TEU) volume fiscal year to date,… Read More
U.S. Senate Committee Approves Diesel Emissions Reduction Act Reauthorization
The United States Senate’s Environment and Public Works (EPW) Committee approved a standalone, five-year reauthorization of the Diesel Emission Reduction… Read More
Colliers International: U.S. Industrial Real Estate Market Remains Healthy
The U.S. industrial vacancy rate declined for the 22nd consecutive quarter to 6.3 percent, the lowest vacancy rate in over… Read More
Commemorating National Maritime Day
A little-known annual American commemoration took place earlier this week. May 22 was National Maritime Day. It was declared by… Read More
Maersk Line Launches New Service Between Latin America and Asia
Maersk Line announced today the optimization of its AC network with the launch of its new AC1 service, connecting the… Read More
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