Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

Cerasis

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. Need For Reverse Logistics Breeds Opportunity. Efficiently managing reverse logistics is a daunting challenge for many businesses.

Reverse Logistics and the Power of Your 3PL!

Supply Chain Game Changer

Blog post originally published by Expak Logistics on [link] Permission to publish here provided by Morgan Dixon. For many companies, reverse logistics has become an integral part of their business plan, offering them the ability to maximize the efficiency of their operations. Generally, reverse logistics is defined as “the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. Subscribe Here!

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A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Difficulties forecasting demand in a high-volume repair environment caused inventory costs to skyrocket. Additionally, the client’s inventory levels were reduced by 52 percent or $2.3

Reverse Supply Chains: Best Practices for Better Asset Recovery

Cerasis

Recovering your assets is a difficult task no matter what your occupation with reverse supply chains in the marketplace. Effective Reverse Supply Chains. This excess of inventory can often pose as a problem when companies already have a long list of issues to tackle to remain relevant in the market. Such tools, like the Cerasis Reverse Logistics product , which is newly released, allow an employee to procure and dispose of surplus product from more than one location.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. supplychainmanagement #humanresources #procurement #logistics #jobs. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Building a Return Management Strategy for this Holiday Season

CH Robinson Transportfolio

Companies that effectively manage returns retain more customers and save money on the logistics side of their business. Verifying this information can prevent unnecessary inventory loss. Control and visibility are closely intertwined parts of reverse logistics. Maintaining strict control over the reverse flow of items also keeps you in compliance with regulatory bodies. The holidays can be “the most wonderful time of the year.”

What is Supply Chain Management (SCM)? (Video)

Supply Chain Game Changer

What Exactly Is Reverse Logistics? supplychainmanagement #scm #supplychain #procurement #logistics #distribution #purchasing #technology. Freight and Logistics Inventory Management Procurement Reverse Logistics Supply Chain Management Technology Distribution Logistics Purchasing SCM supplychain supplychainmanagementSubscribe Here! Email Address. What Exactly Is Procurement? And What is Purchasing? What is Supply Chain Management?

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Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. The Cash Cycle is a function of the days of Accounts Receivable, Accounts Payable, Inventory and Capital Expenditures. The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases. Subscribe Here! Email Address.

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. For freight, managing black swan events, like risk mitigation , means finding problems that are on the verge of causing disruption and taking advantage of resources to minimize their impact. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.

Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

Virtually every type of software application is offered in a SaaS model, including software to support ERP, TMS, CRM, Inventory Management, and Invoicing applications, all of which are related to Supply Chain. You can outsource your Manufacturing, Distribution, Procurement, Logistics, Accounts Payable, Transportation Management, Systems and more. We had phenomenal, global capabilities in Logistics and Procurement. Subscribe Here! Email Address.

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

When you are Replenishing those goods you are engaging processes associated with Inventory management, re-order points, stocking levels, order lead times, transit times, purchase order changes and more. If there is any problem with these goods, for instance due to quality issues, the customer may return those goods, In this case they often want replacement items in which case you are now replenishing supply with additional goods and working with the entire Reverse Logistics process.

The State of Uncertainty in the Freight Market!

Supply Chain Game Changer

Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Meanwhile, the global air cargo volume has dropped significantly, explains Greg Knowler, JOC Senior Editor , “up to 5,000 tons of cargo in air freight from China to the U.S. The impacts are not just limited to air freight market changes. Some deals Jacobs had been discussing eventually went through, with XPO buying Kuehne + Nagel’s non-core logistics assets in the U.K.,

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Why the Right Strategy to Managed Inventory Hinges on Clear, Concise Communications

Turvo

A managed inventory depends heavily on teams and leaders that can communicate with each other to avoid operational issues, overstocking, or worse, running out of inventory when the customer is ready to buy. It all makes communication a vital part of maintaining a managed inventory.

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Let’s start by considering the common definitions that are used for each of Logistics and Distribution. Logistics. Comparing Logistics and Distribution. Subscribe Here! Email Address.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Now consider that this same data entry occurs between all suppliers, customers and logistics carriers. And consider forecast data, planning parameters, cost and price information, materials details and specifications, purchase orders (and all of the accompanying changes and updates), bills of lading, labels, inventory records, and much more. It will include any of your logistics carriers and all of your customers. Subscribe Here! Email Address.

How to Prepare Transportation for Holiday Returns

PLS Logistics

Establishing an effective reverse logistics process allows retailers to minimize processing costs and increase the recovery value of returned goods. Freight Inventory Customer Experience Omni-ChannelThe holiday season is upon us, and retailers must be prepared to avoid seasonal challenges. One major obstacle facing retailers: the rising number of e-commerce returns. Return rates have amplified as the percentage of internet sales continues to develop.

Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Autonomous Trucks Will Drive Logistics Forward. Logistics

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas.

Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

Cerasis

We will delve into what will set third-party logistics providers apart in the coming year, and what to expect as e-commerce continues to merge with brick-and-mortar retail. We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. Meanwhile, inventory levels rose 3.6 How Surface Mode Shippers Can Compete in E-Commerce Logistics. Future posts to look forward to in the next weeks include: Broad logistics trends.

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5 Third Party Logistics Trends in 2015

PLS Logistics

3PLs work with shippers to implement improved reverse logistics strategies, find capacity and provide fulfillment solutions. These services are typically designed through advanced transportation management systems (TMS) for detailed product tracking, inventory management and historical data analysis. 3PLs enable companies to handle the increase in freight volume with guaranteed capacity, avoiding the worsening driver shortage.

What Are the Top Warehouse Management KPIs Every Supply Chain Exec Should Measure

Cerasis

Vendors need to have access to the latest inbound freight routing guides and more. Incoming freight should be tracked in terms of volume put away per employee per hour. Managers should also track the cost per line item, the accuracy and timeliness of inbound freight and the labor costs associated with receiving. You need to monitor inventory turnover, the carrying cost of inventory and the average inventory value, explains Paul Trujillo of Business 2 Community.

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Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

Every part of your Supply Chain from suppliers, to logistics carriers to Distribution Centres, Manufacturers and Marketing channels must all have sufficient capacity to meet your needs. On the other hand if customer demand fails to materialize according to forecast you can be stuck with a lot of custom inventory, unrecovered expenses and a huge cash flow problem. And Supply Chain manages the levels of inventory which can dramatically impact the deployment of cash.

What You Should Know About Black Friday Logistics

Freight Center

The shipping industry is always guaranteed to be kept on its toes when it comes to Black Friday and Cyber Monday logistics. Here’s what you should know about Black Friday logistics to keep you and your shipping team on track. It’s almost impossible for businesses to guarantee accurate inventory levels when it comes to freight shipping for Black Friday. FreightCenter Knows Black Friday Logistics.

Insight on how 3PL handles eCommerce Returns for B2B and B2C Retail Brands

Vinculum

Why Third-party Logistics? However, logistics is one of the areas where complexity arises as one moves from physical retail to e-commerce. That is where the third-party logistics retailing comes into picture.The complexity, which comes along with e-commerce, makes a strong case for hiring a third-party logistics provider. What is Third Party Logistics all about? Need for Third Party Logistics Outsourcing.

Tips for Effectively Managing E-Commerce Logistics

Cerasis

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. In order to manage e-commerce logistics and maintain cost efficiency, shippers need to know the challenges in managing e-commerce logistics, how a TMS can help, and a few tips to streamline the process. What Are the Challenges in Managing E-Commerce Logistics? E-Commerce Logistics

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

TCO models can include variables such as unit price, Accounts Payable terms, cost of quality, lead times, technological value, logistics costs, management costs and more. Mission Critical and Strategic Inventory Positioning. Inventory can often be one of the biggest assets in many companies, spanning multiple channels and tiers, and being the biggest determinant of cash flow and return on investment. Don’t Overlook the Role of Reverse Logistics.

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The Effect of Consumer Delivery Demands on Shippers and How Retail Compliance Programs Can Help

CH Robinson Transportfolio

Explosive growth of ecommerce means huge volumes of goods are moving from suppliers to distribution centers, stores, and residences, and, in the case of returns (it is estimated shoppers returned $385 billion worth of inventory in 2017), back again. Increasingly, they’re turning their sights to transportation and logistics—traditionally viewed as line item expenses, not core competencies—as a strategy to attract and keep customers in this new landscape.

E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

Cerasis

By 2020, the value of B2B e-commerce will surpass $1 trillion, and manufacturers, distributors, retailers, reverse logistics managers, third-party freight brokers and logistics services providers are working to keep up with the trend. E-Commerce Is Spurring Record Growth in Logistics E-commerce has made it impossible to meet the status quo with traditional technologies, and still, some shippers have not yet implemented e-commerce and TMS solutions.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Most definitions of disintermediation characterize it as the elimination of intermediaries, or “ cutting out the middleman “ Further consider that the “Wastes” associated with Lean thinking and principles include transportation, inventory, over production and motion amongst others. For every node of the supply chain this means that there is transportation, movement and handling, inventory, and production and over, or under production. Subscribe Here!

How A Brewery Company Manages Contracted Transporters In Real-time

Abivin

As a big manufacturer, they follow a strict logistics process to manage transportation in real-time, which has been proven to improve efficiency and profit. Company logistics organization structure Logistics organization structure can vary from different companies and the demand to optimize general process. First, let’s take a look at the logistics optimization platform implementation to see how technology can change the whole logistics efficiency.

What are the main 3PL Services?

The Logistics of Logistics

King famously said “I don’t know what the hell this “logistics” is that Marshall is always talking about, but I want some of it.”. Since he was an admiral, I am pretty sure somebody got Mr. King some logistics. Admiral King was no doubt surrounded by logistics activities and logisticians. He just didn’t know which functions were actually considered logistics. What is considered logistics vs what is considered supply chain? Logistics Services.

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9 Key Considerations in an Effective Last Mile Delivery Strategy

Supply Chain Game Changer

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. One of the first problems with creating a last mile logistics strategy is cost. Retail #ECommerce #SupplyChain #Logistics. Subscribe Here!

What Should an LTL Transportation Management System Do for Me as a Shipper?

Cerasis

That is the word being used to describe the state of the logistics industry in 2017, reports William B. Last year, the 2016 State of Logistics Report alluded to rising shipping volume, partially responsible for decreased overhead costs, as a driving force behind declining overhead costs across all modes of shipping. To achieve these results, a quality LTL-based TMS must include the following modules: Reverse Logistics. Freight Estimate Optimization.

Is Google the most innovative supply chain company in the world?

Freightos

Inventory management and replenishment as well as reverse logistics can now be managed by mobile as well as payments. yellowbox]Check out where the future of online sales for the freight industry is heading with this free white paper.[/yellowbox]. In 2013, UPS became the first logistics provider to offer 3D printing services at select UPS Stores. This, in turn, could reduce shipping and air freight volumes.