Global logistics refers to the process of managing the flow of goods, information, and other resources, including energy and people, from the point of origin to the point of consumption on a global scale. It involves the movement of goods by truck, train, ship, or plane, as well as preparation, packaging, and storage of goods in distribution centers. Global logistics facilitates the entire lifecycle of trade operations, from procuring raw materials in one country to manufacturing in another, then selling the final product across various countries. It is an essential aspect of supply chain management that allows businesses to reach new markets, expand their customer base, and operate more efficiently in todays interconnected world economy.
International logistics is a subset of global logistics that focuses on the movement of goods and materials across international borders. It involves the study, planning, and implementation of how a business moves physical goods and materials from one country to another. International logistics is an increasingly important discipline for the global economy as more companies leverage it to reduce costs and take advantage of highly specialized capabilities in different industries and regions worldwide.
There are different types of global logistics, including inbound logistics, outbound logistics, reverse logistics, and third-party logistics (3PL) . Inbound logistics refers to the movement of goods and materials from suppliers to manufacturers or distributors. Outbound logistics refers to the movement of finished products from manufacturers or distributors to customers. Reverse logistics refers to the process of managing the return of goods from customers to manufacturers or distributors. 3PL refers to the outsourcing of logistics and supply chain management activities to third-party providers.
