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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.
US and China reached Tariffs Agreement
Treasury Secretary Scott Bensent and Trade Representative Jamieson Greer have just announced a significant breakthrough in trade talks between the… Read More
Volga-Dnepr Delivers Türksat Satellite
Volga-Dnepr Airlines was called upon to use its expertise moving space satellites to carry a communications satellite from Japan to… Read More
Pennsylvania Governor Announces Strategy for Port Of Philadelphia
Pennsylvania Governor Tom Wolf has announced a strategic plan for sustained management, maintenance, and development of the Port of Philadelphia…. Read More
Kuehne + Nagel expands Aerospace Hub in the Middle East
Third-party logistics provider Kuehne + Nagel announced an expansion of its Dubai aerospace hub with its new customers Gulfstream Aerospace… Read More
AgFlow and Alphamar Bring Brazilian Port Logistics Online
AgFlow, a Switzerland-based provider of agricultural trade intelligence, and Brazilian port operations company Alphamar have partnered to bring Brazil inland… Read More
New York Governor Vetoes Port Ambrose Liquefied Natural Gas Project
New York Governor Andrew Cuomo vetoed the Port Ambrose Liquefied Natural Gas Deepwater Port last week, citing security and economic… Read More
Maersk Implements Austerity Measures
Maersk Line, the world’s largest container shipping company, will reportedly slash costs, cut staff by as many as 4,000, and… Read More
UCW Logistics Expands Operations with New Office in Winston-Salem
UCW Logistics, a third-party logistics and managed freight solutions provider headquartered in Greenville, South Carolina, announced the company’s continued expansion… Read More
You Don’t Say
If logistics practices had Facebook pages, supply-chain collaboration would earn countless likes. But don’t confuse interest with ubiquity. Despite collaboration’s clear… Read More
Crystal Creek Logistics, Frozen Fulfillment Company, Goes Green
Crystal Creek Logistics, an ecommerce fulfillment company for fresh and frozen food products, has completed several initiatives designed to reduce… Read More
APM Terminals’ in Vietnam Welcomes 14,000 TEU Vessel
Cai Mep International Terminal (CMIT) received the maiden call of the 14,000 TEU m/v CSCL Star, the ultra-large container vessel… Read More
Intermodal Volumes Climb 3.4 Percent in Third Quarter
With month-to-month variations, intermodal growth of 3.4 percent in the third quarter of 2015 was in line with year-to-date results,… Read More
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