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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.
Escalating Middle East Tensions Trigger Projected Surge in War Risk Premiums and Freight Rates
In a significant escalation of tensions in the Middle East, Iran’s capture of the MSC Aries, a container ship linked… Read More
Confusion Reigns Over New Container Weighing Rule
With five weeks to go before new regulation comes into effect mandating container weighing, there is still much confusion over… Read More
Long-Running Air Cargo Antitrust Litigation Comes in for a Landing
Air India and Air New Zealand, the last two defendants remaining among nearly three dozen air carriers sued for antitrust… Read More
Global Logistics Company Announces Weekly Shipping Shanghai to El Paso
TOC Logistics International (TOC), a global logistics leader based in Indianapolis, has launched a shared consolidation between Shanghai, China, and… Read More
Executives Explain How Data and Technology are Transforming Logistics
A recent report published by the research outfit eft has revealed the biggest challenges facing senior supply chain and logistics… Read More
SkyBOX Checkout Transforms International Ecommerce Payments and Logistics
SkyBOX, Inc. has launched SkyBOX Checkout, a new payment and logistics platform that transforms the internet shopping experience for international… Read More
Hypermodal Systems to Bring Internet Speeds to Transportation and Logistics
The rapid emergence of advanced analytics, along with new modes of transport like autonomous vehicles, will bring internet-like speeds and… Read More
Ekol Logistics Enters The Czech Republic
A leading 3PL in Turkey—Ekol Logistics—has entered the Czech Republic and made its first investment in this country in the… Read More
New European Union Customs Code Contains Pitfalls for Forwarders
The Union Customs Code (UCC), which was introduced across the European Union on May 1, includes rules that can be… Read More
EMO Trans Opens Malaysia Office
EMO Trans, Inc., a provider of international logistics and supply chain solutions, announced the opening of EMO Logistics Malaysia Sdn… Read More
Prime Distribution Services Opens New Location in Plainfield, Indiana
Prime Distribution Services (PDS), a Roadrunner Transportation Systems, Inc. company that provides warehousing, consolidation and transportation solutions, announced the opening… Read More
Federal Maritime Commission Collects $840,000 In Penalty Payments
The Federal Maritime Commission has announced that it has completed compromise agreements recovering a total of $840,000 in civil penalties… Read More
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