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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.
Amazon Supply Chain Services: A New Logistics Challenge for FedEx and UPS?
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The ABCs of FTZs
America’s Bustling Foreign Trade Zones In 2010, the Stanley Works company closed on a $4.5 billion merger with the Black… Read More
Slimming the Waste
CEOs Talk About How Supply-Chain Efficiencies Have Increased Their Global Sales Diane Zimnavoda, CEO of RCF Technologies, says strong relationships… Read More
How To Pick a Port
Holman Boiler Works’ CEO is Growing Internationally by Making Wise Decisions With Port and Airport Selection Holman Boiler Works, Inc…. Read More
Engines of Growth
Global logistics clusters can help lower costs for shippers and fuel job growth. A couple of decades ago, visitors to… Read More
One if by Air, Two if by Sea
CEOs Discuss When to Ship the Same Product by Air and Sea When Henry Wadsworth Longfellow wrote his famous line,… Read More
What Shipper CEOs and Execs Should Know About 3PLs
A lot goes into a successful relationship between a shipper and a 3PL—but it’s not always what you hear in… Read More
Stocked and Loaded
How exporters are using inventory management software to reduce lead times and keep cash on hand. As a leading manufacturer… Read More
World Class
Businesses are Gaining the Advantage Through Global Executive Education Programs Richard Castagna, assistant vice president of operations for the southern… Read More
A View From Above
Cloud-based Supply-Chain Software Gives Exporters the Latest Technology to Track Shipments There are places in Africa where it is generally… Read More
The Age of Value-Added Services in Global Logistics
Negotiating to Grow Global Capabilities Serving a global clientele and keeping customers happy shook one e-retailer down to the ground—where… Read More
Back to School
Exporters are enrolling employees in formal supply chain management education programs—and the investment is yielding big returns. Brenda Patton can’t… Read More
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