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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
U.S. Has Implemented Additional Aviation Security Measures
While the facts and circumstances surrounding the tragic October 31 crash of Metrojet Flight 9268 on the Sinai Peninsula are… Read More
Trade Index Shows Declines in Europe-Based Lanes
The Stifel Logistics Confidence Index (LCI) continued its slide in November, falling for a sixth consecutive month—this time by 3.4… Read More
Knowing What You Need: Best-Of-Breed YMS OR WMS Yard Module?
There are numerous warehouse management systems (WMS) that offer yard modules as extensions to manage yard operations. For some companies,… Read More
South Carolina Ports See Container Growth
The South Carolina Ports Authority has seen its fiscal year-to-date container volume increase of seven percent, with 678,033 twenty-foot equivalent… Read More
Playing Games With Logistics
Focusing on popular sports, Arvato Systems has developed a game set that leads to increased fun and improve motivation in… Read More
Kenya’s FSG Acquires Transit Freight Forwarding in South Africa
Frontier Services Group Limited, a transportation and logistics solutions provider in frontier markets with its operational headquarters in Nairobi, Kenya,… Read More
FourKites Expands Platform to Include Real-Time Flip-Phone Tracking
Continuing its commitment to providing the most comprehensive location tracking products that can cover the entire trucking industry, FourKites has… Read More
Cargolux Pilots Preparing for Strike
With the possibility of a pilots strike looming, the Association Luxembourgeoise des Pilotes de Ligne (ALPL) representing more than 95… Read More
Container Volume Up as U.S. Port Conditions Improve
When all the figures are complied, import cargo volume at the nation’s major retail container ports is expected to increase… Read More
ShipX Automates LTL Booking
Recently launched to the commercial market, ShipX provides an online less-than-truckload (LTL) freight exchange to connect shippers with freight carriers…. Read More
CEVA Logistics Opens New Regional Headquarters in Brazil
CEVA Logistics, a global supply-chain management company has opened its new headquarters for South America in Sao Paulo, Brazil, and… Read More
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