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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.
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BMW CEO Advocates for EU Tariff Reductions on U.S. Car Imports
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Red Sea Crisis and Global Trends Drive Up Ship Maintenance Costs
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Prioritizing Driver Risk Mitigation to Enhance Supply Chain Safety
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Air Cargo Demand Shows Strong Start Despite Projected Slowdown
The air cargo industry has demonstrated a robust beginning to 2025, maintaining momentum from last year’s strong performance. According to… Read More
Container Spot Rates Plunge as Suez Reopening and Lunar New Year Drive Market Volatility
Container spot freight rates experienced sharp declines this week, driven by a combination of Lunar New Year celebrations in China… Read More
E-commerce Boom Shields Air Cargo from Volatility Amid Geopolitical and Economic Shifts
The airfreight industry is bracing for continued volatility as changing global conditions threaten to dampen demand. Despite an 18% surge… Read More
Trump Targets Houthis with Terrorist Designation Amid Ongoing Red Sea Shipping Crisis
President Donald Trump has signed an executive order to begin the process of designating Yemen’s Ansar Allah, commonly known as… Read More
Navigating the Evolving Landscape of EU Shipping Regulations
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The Road Ahead: Truck-as-a-Service (TaaS) Market to Surpass USD 220 Billion by 2032
The global logistics and transportation landscape is undergoing a seismic shift, and at the heart of this transformation is the… Read More
Canadian Provinces Brace for Rising Borrowing Costs Amid US Tariff Threats
Canadian provinces are bracing for an increase in their borrowing costs as impending US tariffs threaten to stifle economic growth…. Read More
Intermodal Market Experiences Robust Growth in Early 2025
The intermodal market continues its impressive peak into the early months of 2025, defying typical seasonal trends with a notable… Read More
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