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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.
93% of Logistics Professionals Spend Half their day Fixing Problems without Digital Tools
Container xChange, an online container logistics platform, has published its recent research report ‘The benefits of digitalizing container operations’. The report is… Read More
Digitalization Helps to Simplify Daily Tasks for Truck Drivers
There is no doubt that truck drivers have tough tasks in road transportation. Not just driving, but the drivers are… Read More
How Mobile Technology Benefits Facility Managers To Be More Efficient
Mobile technology is all around us. It has grown by leaps and bounds in the last few years and is… Read More
Top Benefits of Dynamic Route Planning in Logistics
If you’ve been doing static route planning for a long time, it can be hard to give up on it…. Read More
The Automotive Supply Chain: How Nearshoring can Fit into Cost-Saving Strategies
The automotive industry struggled to meet demand during the pandemic as global supply chain congestion and parts shortages left lots… Read More
Gebrüder Weiss USA: New Air & Sea Office Opened in Miami
Gebrüder Weiss is further expanding its presence in the USA, opening an air and sea freight office in Miami, Florida…. Read More
CILTSA Leads the Discussions on Warehouse Automation at its Free-to-Attend Conference
The Chartered Institute of Logistics and Transport: South Africa (CILTSA) is gearing up to host an informative and insightful warehousing… Read More
Which is the Best Logistics Management Software in the USA?
Any business that deals with the transportation and distribution of commodities must have effective logistics management. Businesses are now using… Read More
Trax Provides Next-Level Transportation Cost and Emissions Optimization Strategy
Trax Named a Representative Vendor in Gartner 2023 Freight Audit and Payment Market Guide. Global leader in Transportation Spend Management… Read More
Nine Out of 10 Companies Detected Significant Software Supply Chain Security Risks in the Last 12 Months, According to New ReversingLabs Report
Facing a Growing Threat, More Than 70 Percent Confirm that Current Application Security Solutions Fail to Protect Companies From Software… Read More
U.S. Travel Agency Air Ticket Sales Hit Record in March
Monthly Sales Total Tops Pre-Pandemic Levels for Second Straight Month. Airlines Reporting Corp. (ARC) today released data showing U.S. travel… Read More
Descartes Releases April Global Shipping Report: March Volumes at Top West Coast Ports Increase Significantly
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released its April Global Shipping Report for logistics… Read More
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