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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.
Building Resilient Supply Chains through Collaboration and Digital Connections
Collaboration and communication are increasingly important for effective continuity planning and business development in a complex and uncertain global supply… Read More
Prologis Acquires Intermodal Logistics Facility at Interporto Bologna
Prologis, Inc., has announced that Prologis European Properties Fund II has acquired an 86,000 square foot intermodal logistics facility at… Read More
Neovia Logistics Awarded Five-Year Contract with Automotive Manufacturer
Neovia Logistics has entered into a five-year agreement with BMW of North America to provide labor services for the automaker’s… Read More
CSX Outlines Plans for North Carolina Intermodal Hub
CSX has outlined plans to develop a major freight-rail intermodal terminal to boost the economy of the region surrounding Raleigh, North… Read More
Deutsche Post DHL Group Acquires Minority Stake in French Ecommerce Logistics Specialist
Deutsche Post DHL Group, the mail and logistics company, plans to invest in a minority stake in Relais Colis, a… Read More
Kuehne + Nagel and GlaxoSmithKline Sign Long-Term Logistics Agreement
Kuehne + Nagel and GlaxoSmithKline (GSK) announced the signing of an end-to-end global logistics partnership until 2021 that is expected… Read More
St. Lawrence Seaway Wraps Up 2015 Navigation Season
With water temperatures well above the 10-year average, the St. Lawrence Seaway closed its 2015 navigation season ice free at… Read More
EC Funding Green Lights Ambitious Maritime Energy Efficiency Project
An ambitious International Maritime Organization (IMO) project to establish a global network of Maritime Technology Cooperation Centers (MTCC) in developing… Read More
Charleston Harbor Deepening Project Recommended for Congressional Authorization
The 52-foot Charleston Harbor Deepening Project has been recommended to Congress for authorization, continuing the project’s historic momentum through the… Read More
Auto Carriers Accused of Bid Rigging and Price Fixing Before Federal Maritime Commission
The Federal Maritime Commission has received a Class Action Complaint filed by Cargo Agents, Inc., International Transport Management, Corp., and… Read More
Shipping and Return Shipping Fees Are Key to Retailers’ Growth
The 2015 holiday season offered more evidence that ecommerce is the engine driving retail growth. Overall retail sales increased just… Read More
GT USA Announces New Container Service Connecting Port Canaveral to Central America and Europe
GT USA has announced the launch of the new Blue Stream weekly container cargo service connecting Port Canaveral to Europe,… Read More
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