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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
Sempra LNG Export Terminal Gets Green Light
San Diego, CA – The Federal Energy Regulatory Commission (FERC) has given Sempra Energy subsidiary, Cameron LNG, permission to site,… Read More
Deadline Nears for West Coast Dock Contract
San Francisco, CA – Negotiations between the Pacific Maritime Association (PMA) and the International Longshoremen and Warehouse Union (ILWU) continue… Read More
Logistics Costs For US Companies Climbed in 2013
Lombard, IL – Logistics costs for US-based businesses climbed by 2.3 percent last year to $1.39 trillion, according to the… Read More
Union Pacific Christens New Intermodal Terminal
Santa Teresa, NM – Officials from the Union Pacific Railroad and the State of New Mexico were on-hand recently to… Read More
BNSF, Ferromex Offer New Chicago-Mexico Intermodal Service
Ft. Worth, TX – BNSF Railway and Mexico’s Ferromex (FXE) are offering a new joint intermodal service between Chicago and… Read More
One Hurdle Left for the Giant P3 Shipping Alliance
Los Angeles, CA – Creation of the giant P3 shipping alliance now rests with Chinese regulators, who, analysts say, are… Read More
Port Manatee to Develop New Intermodal Hub
Palmetto, FL – Port Manatee is developing an international intermodal trade hub to assist companies from throughout the world in… Read More
US-Sourced LPG Shipments to Latin America Surge
Washington, DC – US shipments of liquefied petroleum gas (LPG) to Latin America have increased five-fold since 2007, edging… Read More
Damco Opens New Warehouse in Vietnam
Madison, NJ – Third-party logistics provider Damco and Vietnamese warehouse owner HTM (Construction and Mechanic HTM, JSC) have opened a… Read More
CaroTrans Strengthens China – US LCL Network
Clark, NJ – NVOCC CaroTrans has expanded its China-US LCL (less than container load) service network with a new partner… Read More
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