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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. As businesses often have a surplus of goods to dispose of or recover, such as core returns, we’ve compiled some excellent tips for your company so the process of handling goods not only stretches further… but enhances your chain value as well. Effective Reverse Supply Chains.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on. What Makes Supply Chain Special? Subscribe Here!

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Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

This was my first experience with Outsourcing, or what I refer to as “Supply Chain as a Service” (SCaaS). 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. But beyond just software virtually every other aspect of Supply Chain is available as an outsourced, on-demand service.

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

Supply Chain Game Changer

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Yet often the Supply Chain is undervalued. Why is Supply Chain often undervalued? Pressures for Cost Reduction in Supply Chain. Subscribe Here!

The Most Reliable Supply Chain…Without Technology?

Cerasis

Of course, we live in a high technology powered supply chain world, but often, as we noted in our 5 Upfront LTL Tips post, if you don’t remember the basics and best practices, no technology is going to fix those issues, but only make them more apparent. We hope you enjoy this great story about supply chain without technology. . Is your supply chain running as effectively as it should be? Do you carry too much inventory?

Supply Chain and E-Commerce: How Is E-Commerce Changing Supply Chain Management?

Cerasis

Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. As a result, e-commerce will have wide-ranging impacts on supply chain management. Fortunately, the Internet of Things (IoT), big data, and fully integrated supply chain systems have the potential to meet these demands, and e-commerce will effectively change supply chain management forever.

Minimizing Supply Chain Disruption Through Analytics: A Brief Guide

Cerasis

Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. Unfortunately, the upfront investment costs for deploying the technology necessary to use analytics can be difficult to justify, so Warehouse Managers need to know a few things about house analytics to enable the minimization of supply chain disruptions. Supply Chain

Building a Return Management Strategy for this Holiday Season

CH Robinson Transportfolio

Just as important, the way you manage returns plays a key role in your supply chain and in your customers’ perception of your company. 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.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Technologies Reshaping the Global Digital Supply Chain! Imagine what the future will look like in Supply Chain! There are articles which describe what the future of Supply Chain will be like in 2020, 0r 2025, or even 2030. The technologies that we are familiar with today, whether they are already in use in our companies, aspirational capabilities or part of some far reaching strategy, provide the platform for the Supply Chain of the future.

Wearable Technology in the Supply Chain: 3 Core Benefits

Cerasis

Well, this example shows how wearable technology in the supply chain was being used 3 and a half years ago in 2012. However, the applications of wearable technology in the supply chain have grown beyond the computer-generated voice that spoke way too fast, way to monotone, and way too annoying. Today, wearables are becoming increasingly popular, and these devices have the potential to radicalize the typical supply chain in forward and reverse logistics processes.

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. These challenges can be overwhelming, but supply chain executives and managers can simplify the process by tracking these top warehouse management KPIs (key performance indicators). of the digital supply chain. The first set of warehouse management KPIs supply chain executives need to understand revolve around receiving and put-away rates in a warehouse.

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What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

People who do not work in Supply Chain may hear the terms Fulfillment and Replenishment and consider that they mean the same thing. Interestingly many people who do work in Supply Chain consider the terms Fulfillment and Replenishment to be synonymous. But what does that mean in terms of the Supply Chain? If you need more material from your suppliers you will send them an order to replenish your supply. appeared first on Supply Chain Game Changer™.

The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

Cerasis

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. Ultimately, the IoT Supply Chain will enable greater accuracy and identification of potential issues throughout supply chain processes. The IoT Supply Chain and Shipping Processes. The supply chain will adore the IoT.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Coronavirus Exposes Global Supply Chain Fragility! Every aspect of our lives has been disrupted: our health, freedom of movement, employment, the economy, our ability to buy goods, and virtually every Supply Chain. Apart from the panic buying are there Supply Chain lessons that we should learn from the Coronavirus pandemic to improve the robustness of Supply Chains in the future?

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The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Subscribe to 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. Why Disintermediate the Supply Chain? Now consider what a Supply Chain entails. Subscribe Here!

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. 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. Subscribe Here!

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. How To Determine Freight Class: Density Calculator & Printable Resource. Understand freight classes and bands.

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

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Is Your Supply Chain Ready To Recover? Supply Chain Professionals, although not usually theatrical, also work in an environment in which they are managing a tremendous amount of risk. What are the risks that Supply Chain people deal with every day and what is Supply Chain Risk Management? Supply Chain Risk Management. Types of Supply Chain Risk. Subscribe Here!

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Rob O’Byrne makes an early start with his round-up of supply chain and logistics trends that might make industry headlines in the coming year. His observations include trends in first and last-mile logistics, and the increase in SMEs entering global markets. 2020 Supply Chain and Logistics Trends: What’s Around the Corner? The Death of the End-to-End Supply Chain. In short, the supply chain is no longer linear, but circular.

What Supply Chain Data Should I Track in 2020?

Veridian Solutions

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. To ensure your organization applies data correctly and generates meaningful KPIs , supply chain leaders must know the challenges of data tracking, how it improves operational excellence, and the primary types of data to track in 2020. Challenges in Tracking Supply Chain Data in 2020.

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The Supply Chain Carbon Footprint Reduction Strategy

Supply Chain Game Changer

Supply Chain professionals however are uniquely positioned to make dramatic impacts on the environment. In Supply Chain we are involved in the entire breadth of activities in most any company. As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. The Supply Chain Environmental Model. Subscribe Here!

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!

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

Freightos

Over the past month, we’ve been posting supply chain predictions, brought to you by some of the most creative thinkers in the industry, including Joel Clum of CarrierDirect , Martijn Graat of LogisticsMatter.com and Steve Brady of Supply Chain Innovations Today. Today, we’re proud to present Cathy Roberson’s… 3 Technology Trends Changing the Supply Chain (2015-2020) Part IV. What roles will this play in supply chain?

The State of Uncertainty in the Freight Market!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! Freight market article and permission to publish here provided by Kevin Jessop at cerasis.com. Truckers and shippers have real fears over the effects and long-term impact of the supply chain coronavirus disruption. The coronavirus, also known as COVID-19, continues to change basic supply chain functions. Subscribe Here! Email Address.

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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.

8 Ways Collaboration in Supply Chain Reduces Bottlenecks & Optimizes Results

Turvo

Collaboration is perhaps the most widely discussed and recognizable topic in the modern supply chain. Used properly, collaboration enables better procurement, efficient shipment management, transparency, proactiveness, improved customer experience around delivery, and a team prepared to handle reverse logistics management. Yet the idea of collaboration in supply chain systems is at risk.

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. Supply chain managers will face more complexity during the holiday season, Pitney Bowes 2015 Holiday Shipping Survey shows. Freight Inventory Customer Experience Omni-ChannelThe holiday season is upon us, and retailers must be prepared to avoid seasonal challenges.

Three Mega Trends Driving Supply Chain Transformations

TMC

Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supply chains. It’s rare to come across an industry article or conference that doesn’t reference how supply chains are being disrupted, automated, and optimized through digitalization. Supply Chain Complexity.

Three Mega Trends Driving Supply Chain Transformations

TMC

Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supply chains. It’s rare to come across an industry article or conference that doesn’t reference how supply chains are being disrupted, automated, and optimized through digitalization. Supply Chain Complexity.

5 Third Party Logistics Trends in 2015

PLS Logistics

In 2015, 3PLs helped shippers prepare for the demands of an omni-channel supply chain. 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. 3PL Supply Chain Technology Transportation Solutions

Technology investment accelerates in supply chains says new report

EFT

. According to Reuters Events: Supply Chain and CalAmp’s new Emerging Out of the Pandemic Supply Chain Report , which is free to download now here , the arrival of COVID-19 is causing an acceleration in technology investment and adoption. In a survey conducted for the report , which drew responses from nearly 600 supply chain executives, less than 10% of Logistics Service Providers (LSPs) and 12% of shippers said that they had seen technology spend decrease.

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. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. 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. Top 15 Logistics Blog Posts of 2014.