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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
Netlogistik and SVT Robotics™ Join Forces to Streamline Warehouse Automation Solutions
Netlogistik, a leader in supply chain digital transformation services, has announced a strategic partnership with SVT Robotics™, a software provider… Read More
Navigating the Green Landscape: Organizations Face Challenges in Scope 3 Emission Reporting
A recent study by Ivalua sheds light on the growing concerns within U.S. organizations regarding unintentional greenwashing, with 45% expressing… Read More
4 Missteps to Avoid When Implementing AI in Truck Cabs
Artificial intelligence (AI) is rapidly affecting numerous industries, and many people are eager to see how it could improve their… Read More
Red Sea Attacks Impact Market Sentiment of Shippers and Exporters in Asia
Against the backdrop of escalating tensions in Yemen, the Red Sea has become a focal point of concern for international… Read More
Trade Tech Introduces Syrinx: A Cutting-Edge Interface Redefining Global Logistics Efficiency
Trade Tech Inc., a renowned global logistics platform, has raised the bar for innovation with the launch of Syrinx, the… Read More
Trax Empowers Pharma Companies for California’s Climate Reporting Regulations
Trax Technologies, a pioneer in Transportation Spend Management (TSM) solutions, is playing a pivotal role in equipping pharmaceutical companies with… Read More
Global Trade Sees Unexpected Surge in Q4 Orders, Signaling Potential Recovery
Recent data from Tradeshift reveals a surprising rebound in global trade activity during the fourth quarter, with a notable increase… Read More
Global Supply Chains Head into an Uncertain 2024
It’s been a grueling couple of years for global supply chains. Covid granted challenges previously unimaginable, and geopolitical disruptions are… Read More
Revolutionizing Material Handling: The Impact of 5G on AGVs and AMRs in Logistics Automation
In warehouses and factories globally, the landscape of material handling is evolving with the advent of Automated Guided Vehicles (AGVs)… Read More
Trilatec’s squAIR-timber Lightweight Elements Transforming Air Cargo Industry
Leading players in the air freight sector, including DHL, Kühne + Nagel, Lufthansa Cargo, Cargolux, and Emirates SkyCargo, are turning… Read More
Navigating Supply Chain Challenges: Kearney’s Insights on Red Sea Disruptions
Balika Sonthalia, Senior Partner and Americas Co-lead in the Operations and Performance practice at Kearney, provides insights into the ongoing… Read More
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