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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
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
Worldwide Flight Services to Acquire Consolidated Aviation Services
Worldwide Flight Services (WFS), the world’s largest air cargo handler and one of the leading providers of airline ground handling… Read More
Americold Purchases Tradewater Facility in Atlanta
Americold, a global in temperature-controlled warehousing and logistics to the food industry, has finalized the purchase of the Tradewater facility… Read More
Polar Air Cargo and Atlas Air Reached Settlement Agreement in U.S. Cargo Antitrust Class Action
Polar Air Cargo and Atlas Air Worldwide Holdings have entered into a settlement in an antitrust class action lawsuit in… Read More
DHL Lays Tracks For China-Turkey Rail Corridor
DHL Global Forwarding has inaugurated a new service on the southern rail corridor between China and Turkey. The corridor occupies… Read More
New West Virginia Intermodal Facility Opens
The long-anticipated Heartland Intermodal Gateway terminal has opened near Pritchard, West Virginia, on a 76-acre site donated by the Norfolk… Read More
United Cargo Celebrates Opening of Newark TempControl Center
United Cargo recently celebrated the grand opening of its new TempControl Center at its hub at Newark Liberty International Airport… Read More
Virginia Governor Signs Collaboration Agreement Between Virginia, Cuba Ports
During a marketing and collaboration mission to Cuba led by Virginia Governor Terry McAuliffe, the Virginia Port Authority signed a… Read More
MOL Line CEO Reflects on Progress, Outlines Challenges for 2016
MOL’s corporate climate is changing for the better, even if the ocean shipping business still faces severe challenges. That was… Read More
GLP Announces New Leases in China
GLP, a global provider of modern logistics facilities, has signed leases totaling 940,000 square feet with three logistics industry leaders… Read More
CSX Customers Invest More Than $2.2 Billion in 2015
In 2015, the rail transportation carrier CSX worked with its customers to locate 107 new plants or expanded facilities on… Read More
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