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International companies today are seeking to profit and grow by globalizing their logistics operations. In practice, companies are formulating globalization strategies based on two fundamental approaches; integration and leverage. Both offer significant opportunities individually or together for companies to benefit from global logistics, but in ways best suited to each company's unique situation.

International companies with operations and markets in multiple regions of the world are exploring opportunities to globalize various aspects of their businesses, including logistics. But the appropriate form of globalization as well as the decision of how to go global may differ substantially across industries and individual companies. Companies are typically formulating logistics globalization strategies based on two fundamental approaches: integration and leverage.

For some companies, global logistics means full integration and coordination of interregional logistics strategies, in which the management of global flows of material and information is absolutely crucial. For other companies, that level of integration is neither necessary nor beneficial; instead, they choose to globalize by establishing common practices, processes, and systems worldwide. Typically, companies craft a hybrid strategy, combining elements of both approaches.

Both approaches to globalization, alone or in tandem, can yield benefits, but not without first overcoming some important challenges. Integrating interregional material and information flows can pose relatively clear, although necessarily simple, supply chain improvement questions. However, leveraging common practices, processes, and systems across various operating regions with a wide range of characteristics can raise more challenging problems. Therefore, companies must take care in selecting the right path to globalization.

The Integration Approach: Global Integration, Global Results
International companies that have supply chain resources in one or more regions of the world and that also benefit from the significant flow of goods between regions face supply chain factors that add time, complexity, inventory, uncertainty, and costs.
Why Choose GML as your Logistics Consultant?

We provide unique and customized logistics solutions to differentiate our customers from their competition as consultants.

We have several customers, both large and small, across a variety of industries, including:

We pride ourselves on seamless transitions with no disruptions to your customers and quick, effective start-ups.
Expertise
GML's logistics re-engineering and operations staff is the best in the business. Utilizing state-of-the-art technology, we can analyze customer requirements and design tailored solutions which improve operating results.
For further information, contact Global Markets Limited.
CONTACT RAMESH C MANGHIRMALANI
 
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