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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.
Fillogic Introduces Eco-Friendly Packaging Solution for Retail Shipping
Fillogic, a leader in channel-free logistics, announces a pioneering initiative to provide fully recyclable and reusable packaging for customer shipments…. Read More
enVista and Softeon Unite Forces for Cutting-Edge Warehouse Management Solutions
In a strategic alliance, enVista, a prominent supply chain and enterprise solutions provider, has joined forces with Softeon, a leading… Read More
Bolloré Logistics Achieves Remarkable Feat: Transporting Massive Drilling Rig from Argentina to Mongolia
Bolloré Logistics Chile has accomplished a remarkable logistical achievement, successfully overseeing the transportation of a colossal mobile drilling rig from… Read More
5 Major Ports in Africa That Are Strengthening African Trade
Africa boasts a 26,000-kilometre-long coastline dotted with over 100 ports and harbours. However, despite this extensive maritime access, none of… Read More
Robert O. Martichenko Named Chairman of American Logistics Aid Network (ALAN)
The American Logistics Aid Network (ALAN) has appointed Robert O. Martichenko as the new chairman of the board, succeeding Mark… Read More
Food Packaging Technology and Equipment Market Size to Reach USD 74,230 Million By 2032
The global food packaging technology and equipment market size anticipated to surge from USD 39,900 million in 2022 to reach… Read More
How to Deal with Sinosure as an Importer
Explore our in-depth guide on handling the Sinosure export credit insurance services and getting deferred payments for your imports from… Read More
Global Trade Braces for Unprecedented Geopolitical Challenges in 2024
Container xChange, a leading online container trading and leasing platform, releases its New Year’s Edition Container Market Forecaster, shedding light… Read More
Navigating Global Shipping Challenges: Nexterus Guides Clients Through Red Sea Geopolitical Issues
Nexterus, a leading supply chain management and third-party logistics (3PL) services provider, is stepping up to assist international clients grappling… Read More
Porto Itapoá Breaks Ground as the First Carbon-Neutral Port in Brazil
Porto Itapoá, a prominent player in Brazil’s port industry, is making waves by spearheading environmental initiatives and setting a new… Read More
Pros of Hiring IT Procurement Services For Your Business
In the current business landscape, where data and technology play a pivotal role, managing IT procurement can be a challenging… Read More
Armco Barrier Supplies: How Bollards Enhance Your Warehouse Safety
In the bustling environment of a warehouse, safety is paramount. With the constant movement of goods, machinery, and personnel, the… Read More
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