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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.
US to Impose Charges on Chinese-Built Ocean Carriers
The United States is set to introduce hefty charges on ocean container lines and carriers calling U.S. ports, specifically targeting… Read More
Eliminating Supply Chain Waste With Data Analytics
Manufacturing facilities, distribution centers, and logistics networks generate significant environmental impact through excess inventory, unnecessary transportation, and resource misallocation. Optimizing… Read More
Navigating the Evolving Freight Market
The freight market is steadily edging towards a balanced supply-and-demand cycle, albeit at a gradual pace. According to FreightWaves’ JP… Read More
RELEX study: 60% of Companies Revamp Supply Chains Amid Tariff and Market Turmoil
The second annual State of Supply Chain Report from RELEX Solutions and Researchscape reveals that businesses are making significant shifts… Read More
Breaking Down Barriers To Technology Adoption In Global Supply Chains
Multinational companies face numerous challenges when implementing recent technologies across their global supply chains. As an executive looking to improve… Read More
First Response in the Warehouse: Effective First Aid Strategies for Managing Common Injuries
Warehouses are frantic and often dangerous. Employees work physically, use heavy machinery, and move products. A good first aid system… Read More
How Data Science Enhances Inventory Management in ERP Systems
Whether your inventory is intended for manufacturing, retail, or day-to-day office operations, it always represents locked-in capital that must either… Read More
ITF Group Strengthens Food Supply Chains Against Tariff Risks
ITF Group, a leading third-party logistics (3PL) provider, is collaborating with food distributors to minimize the impact of potential tariff… Read More
APAA Backs 25% Tariff on Foreign Aluminum, Applauds Presidential Action
The American Primary Aluminum Association (APAA) has expressed strong support for President Trump’s recent Executive Order enforcing a 25% tariff… Read More
Week Three in Trade – First 100 Days of the New Administration
IEEPA Tariffs on China, Mexico, and Canada We previously covered President Trump’s IEEPA tariffs and the various retaliatory tariff and nontariff countermeasures announced by… Read More
High U.S. Container Imports Continue Amid Tariff Strategies
Imports are anticipated to remain high at major U.S. container ports as shippers attempt to pre-empt levies on China and… Read More
The Future of Warehousing and Distribution Logistics: A USD 25 Trillion Industry by 2032
The warehousing and distribution logistics market is experiencing unprecedented growth, driven by evolving supply chain dynamics, technological advancements, and the… Read More
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