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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.
Global Trade set to Reach new High, with Opportunities and Challenges for Developing Economies in 2025
World trade is on track to hit a record $33 trillion in 2024, but risks of expanded trade wars and… Read More
‘Significant Progress’ Seen in Recent TPP Talks
Washington, DC – The recent negotiations between the 12 Pacific Rim nations crafting the Trans-Pacific Partnership (TPP) trade agreement “made… Read More
Port of Hueneme Sets Cargo Volume Record
Oxnard, CA – The Port of Hueneme realized its highest international trade year in its 77 year history and its… Read More
Deutsche Post DHL Inaugurates Drone Delivery Service
Berlin, Germany – Deutsche Post DHL has inaugurated the world’s first drone package delivery service with a 7.5-mile flight transporting… Read More
DFW Offers Expedited Customs Clearance
DFW Airport, Texas – Dallas-Ft.Worth International Airport (DFW) has become the only airport in the US that offers all expedited… Read More
FedEx To Raise US Domestic, Import, Export Rates
Memphis, TN – The FedEx Ground and FedEx Freight subsidiaries of the FedEx Corp. have said they will increase their… Read More
Ports Face ‘Big Ships, Big Challenges’: White Paper
Long Beach, CA – The deployment of the latest generation of mega-containerships “presents physical, financial and operational challenges that must… Read More
Florida East Coast Rwy Enhances Intermodal Service
Jacksonville, FL – The Florida East Coast Railway (FECR) is expanding its services to include intermodal rail transportation between Charlotte, North… Read More
Port Manatee Begins Shipping Scrap Metal
Palmetto, FL – With the September call of the bulk carrier Sen Treasure, Port Manatee Scrap Metal Inc. is embarking… Read More
Tech Savvy
THE LATEST ADVANCES IN LOGISTICS SOFTWARE PLATFORMS Logistics software platforms, used widely for domestic shipments, are now catching on in… Read More
Get Your Logistics On Track
HOW SHIPPERS LIKE AMERICAN HONDA ARE MAXIMIZING RAIL SERVICE We are heavy rail users. It is an integral part of… Read More
UPS Signs Lease for New Facility at AllianceTexas
Fort Worth, Texas – Hillwood Properties, developer of the 18,000-acre master-planned, mixed-use AllianceTexas development has secured a new lease from… Read More
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