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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.
Scale Smarter: How Automation Transforms Freight Scheduling
The temporary reduction of US tariffs has ignited a surge in orders across various industries. While this should be an… Read More
Transportation Intermediaries Association Enters Partnership With Humanitarian Logistics Organization
The American Logistics Aid Network (ALAN) and the Transportation Intermediaries Association (TIA) have entered into a formal partnership. Through this… Read More
Los Angeles to Host Largest Ship to Call in North America
The largest container ship ever to call at a North American port, the CMA CGM Benjamin Franklin, is scheduled to… Read More
Who Owns The Skies
Of the top 10 international cargo airlines, the United States is home to both the No. 1 and No. 3… Read More
Big Freight, Big Reach
Third-party logistics providers (3PLs) that specialize in project cargo receive requests heard nowhere else in the industry. “Can you move… Read More
Deals On Wheels
Moving our production to a foreign trade zone has enabled us to become more competitive, pricewise; we can sell at… Read More
Panalpina to Acquire Kenya-based Airflo From Dutch Flower Group
Panalpina is set to acquire a majority stake in Airflo, a company based in Kenya and the Netherlands specializing in… Read More
Thames Set For Major Growth and Improvement over The Next Two Decades
Use of the River Thames could be transformed over the next 20 years, according to the Port of London Authority… Read More
AAL and Swire Shipping to Space Share on Asia to Australia Lane
To proactively combat economic challenges facing the Australasia region, breakbulk, project, and heavy lift shipping operator, AAL, has taken the… Read More
Finding Efficiency
Every company is trying to reduce or eliminate inventory these days. Most of the advice given on this subject is… Read More
Panalpina flies UNICEF relief to Burundi
For the third consecutive year, UNICEF and Panalpina have joined forces to fly much-needed relief goods to an African country… Read More
CSafe Partners with Lufthansa in Dedicating Fleet of Containers
Lufthansa and CSafe Global have conclude negotiations which will result in a dedicated fleet of CSafe RKN containers being made… Read More
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