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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
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
Do Viable Alternatives to the Panama Canal Exist?
The Panama Canal has been in the news arguably more frequently over the past month than the previous five years… Read More
US Airports May Turn to Municipal Bonds Amid Federal Funding Cuts
As federal funding for US airport infrastructure faces potential cutbacks, airport facilities could increasingly turn to the municipal bond market… Read More
Week Two in Trade – First 100 Days of the New Administration
The week started off with President Trump threatening to put tariffs on Colombian goods entering into the United States. The… Read More
Trump Administration’s Tariff Changes Could Hit Shein Harder Than Temu
The Trump administration’s recent move to halt low-cost imports from entering the U.S. tariff-free is anticipated to impact fast fashion… Read More
Maersk Exceeds Q4 Profit Forecasts Amidst Global Trade Uncertainty
In a recent announcement, Danish shipping giant Maersk reported a fourth-quarter profit that surpassed market expectations, despite ongoing global trade… Read More
Hapag-Lloyd Confident Amid U.S.-China Tariff Challenges
Hapag-Lloyd, the world’s fifth-largest container shipping company, remains confident in its ability to navigate the latest round of U.S. tariffs… Read More
How Free Trade Zones are Revolutionizing International Warehousing and Manufacturing
Free trade zones are reshaping how businesses handle warehousing and manufacturing globally. These special areas reduce costs, eliminate unnecessary delays,… Read More
Cargoai and CMA CGM AIR CARGO Forge Alliance To Elevate Digital Airfreight Booking
CargoAi, a leading digital enabler in the air cargo industry, has announced a strategic partnership with CMA CGM AIR CARGO,… Read More
Amazon Freight Partner Program Eases Entry Into the Trucking Industry
The Amazon Freight Partner (AFP) program is revolutionizing the trucking industry by lowering barriers for aspiring entrepreneurs, allowing them to… Read More
Statement from American Association of Port Authorities (AAPA) on Potential New Tariffs
The American Association of Port Authorities (AAPA) today released the following statement in anticipation of new tariffs from the Trump… Read More
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