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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.
Could Iran Blockade the Strait of Hormuz?
Israel launched a blistering attack on Iran on Friday, targeting political and scientific officials and the country’s three critical nuclear… Read More
BREAKING NEWS: Amazon Takes Flight
Amazon today is showcasing its first ever branded air cargo plane during Seafair’s Air Show, an annual community celebration taking… Read More
Port-Related Projects Awarded $61.8 Million in TIGER VIII Infrastructure Grants
The U.S. Department of Transportation recently announced 40 awards totaling nearly $500 million in funding for the FY 2016 Transportation… Read More
First Neopanamax Vessel Calls Port of Philadelphia
On Wednesday, August 3, the first of a new class of neopanamax shipping vessels called the Port of Philadelphia to… Read More
UPS Drives One Billion Cleaner Miles, Meeting Goal Early
UPS has announced that it has achieved its goal of driving one-billion miles in its alternative fuel and advanced technology… Read More
TIGER Awards of $500 Million Announced
U.S. Transportation Secretary Anthony Foxx has announced nearly $500 million will be made available for transportation projects across the country… Read More
Ports America and Port Tampa Bay Extend Relationship
Ports America, the largest U.S. stevedore and terminal operating company and the current operator of Florida’s Port Tampa Bay Container… Read More
Why are Shipowners Parking Containerships?
In an ideal world all ships, airplanes, and trucks should be fully utilized during the peak freight shipping season. But… Read More
DHL Expands in Chicago
DHL has expanded its operations in Chicago with the opening of a new service center. The $1.3 million investment was… Read More
California Releases Plan to Transform Freight Transportation System
California state agency leaders have released the California Sustainable Freight Action Plan, a blueprint for transforming the state’s multi-billion dollar… Read More
Uber for Trucking? It’s a Misnomer, Says Armstrong Report
A report published by Armstrong & Associates, Inc. highlights the inaccuracy of the term Uber for Trucking. A&A, a third-party… Read More
DHL Announces Investments in U.S. Ecommerce Infrastructure and Services
Deutsche Post DHL Group has announced a $137 million investment plan for the U.S. domestic and crossborder ecommerce market. The… Read More
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