Looking for the latest news on global logistics and supply chain management? Get inside information on global shipping, warehousing, and foreign trade.
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.
OneRail Unveils Inventory Visibility Solution to Tackle Shrinkage and Streamline Operations
OneRail, a pioneering provider of omnichannel fulfillment solutions, has introduced a cutting-edge Inventory Visibility solution on its OmniPoint® cloud-based platform… Read More
New Orleans Cold Storage Expansion Grows Charleston’s Cold Storage Capacity
The South Carolina Ports Authority (SCPA) recently celebrated the newly-expanded New Orleans Cold Storage (NOCS) facility in North Charleston, an… Read More
Schiphol Airport’s Cargonaut System Benefits From Public-Private Investment
Schiphol Airport’s community information platform, Cargonaut, will be updated with investments from public and private sources. Cargonaut, which has been… Read More
Canadian Pacific ‘Disappointed’ by Comments from Union Pacific CEO
Canadian Pacific said that it is “surprised and disappointed” by comments reportedly made by Union Pacific Corp.’s (UP) Chief Executive… Read More
Amazon Now Moving Into Ocean Shipping
A Chinese affiliate of Amazon.com has registered as an ocean freight forwarder with the U.S. Federal Maritime Commission, Bloomberg News… Read More
Truck Drivers Suing XPO Subsidiaries for Misclassification
Three subsidiary companies of XPO Logistics Inc. are being sued for misclassification of workers as independent contractors, the Wall Street… Read More
Port of Long Beach Moves Over Seven Million TEUs in 2015
Propelled by six consecutive months of rising cargo volumes in the final two quarters of 2015, the Port of Long… Read More
Shanghai Air Cargo Handler Had Record 2015
Shanghai Pudong International Airport Cargo Terminal Co., Ltd. (PACTL) expects to have set a new record for freight volumes in… Read More
Port of Houston Posts Record Container Volume in 2015
The Port of Houston Authority (PHA) surpassed two-million twenty-foot-equivalent units (TEUs) handled in 2015 by mid-December, setting a new record… Read More
UPS Boosts Airlift Capacity To and From Czech Republic
UPS has substantially increased its air express volume capacity into and out of the Czech Republic by introducing a UPS… Read More
Fighting the Status Quo in Your Logistics Department
“The riskiest thing we can do is just maintain the status quo.” That’s a quote from Disney CEO, Bob Iger,… Read More
Pelican BioThermal Announces Crēdo on Demand General Availability
Pelican BioThermal, a global leader providing the broadest and most innovative range of temperature-controlled packaging solutions serving the life sciences… Read More
« Previous 1 … 472 473 474 475 476 … 543 Next »