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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.
China Denounces U.S. Probe into Shipbuilding Industry as Unfair Accusation
Chinese authorities have strongly criticized the United States’ recent investigation into China’s shipbuilding industry, labeling it as a misguided move…. Read More
The Human Factor in Logistics Exploring the Role of People in Supply Chain Management
Logistics and supply chain management are integral components of modern industries, orchestrating the seamless flow of goods from production to… Read More
Mastering the Art of Navigating Global Trade Agreements in Logistics
International trade agreements — sometimes called free trade agreements — play essential roles in facilitating global commerce. They enable cooperation… Read More
How IoT Revolutionizes Fleet Management
IoT, or the “Internet of Things” is an important concept when it comes to fleet management for your vehicles and… Read More
Revolutionizing Customer Service: Wren Kitchens’ Dynamic Routing Solution Yields Substantial Savings
Wren Kitchens, a prominent kitchen retailer in the UK, has recently implemented a cutting-edge routing solution provided by Descartes Systems… Read More
ArcBest Revolutionizes Logistics with NVIDIA Partnership for AI-Driven Material Handling
ArcBest, a prominent logistics firm, has forged a groundbreaking collaboration with NVIDIA, leveraging cutting-edge technology to enhance safety and efficiency… Read More
Transforming Supply Chains: The Rise of Artificial Intelligence
In today’s rapidly evolving business landscape, the supply chain industry stands at the forefront of innovation. With the advent of… Read More
Transfix Unveils Transfix Shield: A Revolutionary Fraud Prevention Suite for the Freight Industry
Transfix Inc. has made a significant stride in fortifying the freight industry against fraud with the introduction of Transfix Shield,… Read More
Global Shipping’s Headaches – a Drought and Rocket Fire
Problems in the Suez and Panama canals continue to drive up delivery costs and exacerbate shipping delays. The Suez Canal… Read More
Unlocking Efficiency and Agility: How Artificial Intelligence Revolutionizes the Supply Chain
In an era marked by unprecedented technological advancements, the supply chain industry finds itself at the forefront of transformation. With… Read More
Revolutionizing Global Logistics: Navigating the Future with Technology, E-commerce, and Strategic Outsourcing
In the rapidly evolving landscape of global trade, the intersection of technology, e-commerce, and strategic outsourcing plays a pivotal role… Read More
CargoAi Introduces Groundbreaking Air Freight Load Board for Airlines and Forwarders
CargoAi, a leading global provider of airfreight technology solutions, is revolutionizing the industry with the launch of its latest innovation:… Read More
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