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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.
Rhine River Reopens for Cargo Shipping After Flooding
Cargo shipping on the Rhine River in south Germany resumed on Friday following a closure due to high water levels… Read More
Free to Trade
Free To Trade: How Free Trade Agreements Open Global Markets Wente Family Estates has been selling wine in the Republic… Read More
Partner-Shipping
Partner-Shipping: How to Reduce Logistics Costs Through Collaborative Distribution The immense weight of Dal-Tile’s high quality ceramic tile and natural… Read More
What’s Clouding Your LTL Procurement?
Dick’s Sporting Goods Shares Tip For Transparent Communications When the head of logistics for Dick’s Sporting Goods Inc. looks to… Read More
HOW TO BE EVERYWHERE
OMNICHANNEL LOGISTICS IS HELPING RETAILERS MEET CONSTANT DEMAND FROM ALL DIRECTIONS Nail Rock’s failure to meet deadlines for shipping nail… Read More
Sizable Expectations
TRENDS AND OPTIMISM IN THE PROJECT CARGO MARKET Air Products and Chemicals Inc. serves more than 30 industries in 50-plus… Read More
TERMINAL CAPACITY
Will East and Gulf Coast Ports Be Ready to Accommodate Post-Panamax Ships? Preparing for an expanded Panama Canal means far… Read More
SEA CHANGE
HOW HILCO MOVED ITS ASIA-BOUND EXPEDITED EYEWEAR EXPORTS FROM THE SKY TO THE SURF Since 1956, the Hilsinger Co. (Hilco)… Read More
DON’T GET LOST IN TRANSLATIONS
SHOULD FOREIGN-LANGUAGE PACKAGING BE HANDLED BY YOURSELF, YOUR DISTRIBUTORS OR YOUR 3PL? As Miss Jenny’s Pickles readied to export into… Read More
DRILL DOWN ON YOUR LOGISTICS CONTRACT
5 ESSENTIAL QUESTIONS FOR YOUR 3PL Writing requests for proposals (RFP), evaluating responses, meeting with third-party logistics providers (3PL) and… Read More
THE LAND OF RISING REGULATION
WHAT YOU NEED TO KNOW ABOUT JAPAN’S NEW 24-HOUR RULE While the expansion of the G6 Alliance should bode well… Read More
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