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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!

A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? When one of the world’s leading manufacturers of personal computers set new goals for its European operations, ModusLink was there to help. Variability of hardware and component sourcing affected production efficiency, causing fulfillment delays and lower customer satisfaction. Utilized advanced sourcing and materials planning to speed fulfillment cycles and improve service levels for increased customer satisfaction.

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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. However, technology can be used to turn what seemed as losses into standby sources of revenue. 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. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.

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What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

Whether the order is sent to an end consumer, another company, a Retail store, a Manufacturing facility or another Distribution Centre, the process of sending product to that customer is Fulfillment. 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.

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.

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

Cerasis

Most manufacturing processes heavily rely on the use of machinery. However, over the course of several months, this slight change in pressure could cause permanent damage to the machine, or it may cause additional problems for other aspects of the manufacturing process. For example, a machine may need to have a specific part replaced every three months, but periods of increased demand could mean the manufacturing entity is placed at maximum capacity.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

China was locking down hundreds of millions of people and closing manufacturing facilities. As China is the largest manufacturing country in the world the economic repercussions were really starting to be felt. And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. Automotive manufacturers are looking to manufacture ventilators.

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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. It is an umbrella term which encompasses the end-to-end aspects of Finance, Operations, Development, Sales, Manufacturing, Distribution, Customer Management, Supplier Management, Technology and I/T. Source: [link] ).

What is a 3PL? The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL!

Supply Chain Game Changer

Check out What’s the Difference Between Logistics and Distribution? Most people involved in logistics or supply chain related fields would have heard of the term 3rd Party Logistics or 3PL. I ‘m not sure however if many would be that familiar with the terms 1st Party Logistics, 2nd Party Logistics or 4th Party Logistics let alone even pondered the meanings of 1PL, 2PL or 4PL. 2nd Party Logistics (2PL). 3rd Party Logistics (3PL).

Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

Cerasis

The list of Incoterms is created and managed by the International Chamber of Commerce , and managing supply chain SLAs relies heavily on this decades-old list to ensure consistency and clear communications in contractual details for moving freight. Therefore, having an indisputable source of information, such as blockchain technology, may be used to develop consistency and clarity in managing supply chain SLAs.

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. Image Source 2. Company logistics organization structure Logistics organization structure can vary from different companies and the demand to optimize general process. They are also a part of reverse logistics process by bringing back the returned items or the package after delivery.

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

Freightos

Marketplaces such as Alibaba’s Tmall, caters to suppliers and manufacturers. 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]. Technology Trend 2: 3D Printing or Additive Manufacturing. This, in turn, could reduce shipping and air freight volumes.

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

Supply Chain Game Changer

What if a hurricane destroyed our manufacturing building? Without raw materials, components, subassemblies, products or services a company will not be able to manufacture, distribute, sell and deliver to its customers. A predominant issue is having single, or sole, sourced parts. If there is only one supplier for your materials and the supplier has a problem in manufacturing, quality, allocation, or even financial solvency this can disrupt your supply lines.

The Supply Chain Carbon Footprint Reduction Strategy

Supply Chain Game Changer

The nodes in the Supply Chain are those facilities that are involved in the end-to-end manufacture, processing, distribution, and consumption of goods. Supplier and Company Manufacturing facilities, Warehouses, Distribution Centres, Retail outlets, Return and Repair operations and Consolidation points are all Supply Chain nodes which use resources to perform their processing activities. Low cost sourcing is a predominant reason for this geographically dispersed network.

Wearable Technology in the Supply Chain: 3 Core Benefits

Cerasis

Today, wearables are becoming increasingly popular, and these devices have the potential to radicalize the typical supply chain in forward and reverse logistics processes. Additionally, the rise of third party logistics providers is helping the same organizations attain the same cost and efficiency of their bigger competitors. Use of Wearable Technology in the Supply Chain and Manufacturing. Do you ever watch Undercover Boss?

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Any percentage less for your business with logistics costs as a percent of your revenue, goes straight to the bottom line. . Logistics Cost Reduction by Focusing on Safety.

Blockchain SCM Transformation Explained in Layman’s Terms

Shipchain

Shippers can now send freight across the ocean and use computers to generate, manage and streamline order fulfillment which was a significant boost to the modern economy, but it came with a caveat. Now, no one knows the true nature and scope of products and the origin of manufacturing until the products arrive; and cases still exist where illegal or unethical practices are taking place. People cannot improve on what they do not understand or know.

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Green Supply Chain Management - Infosys Blogs

Infosys Supply Chain Management

Industrial Manufacturing. Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. What is Green Supply Chain Management : Green Supply Chain Management is all about delivering products and services from suppliers, manufacturers to end customers through material flow, information flow and cash flow in the context of environment. This contributes to lean manufacturing.

Top 15 Biggest 3PLs in the US - 2017

Material Handling & Logistics

While the growth in the third-party logistics market has slowed somewhat, 90% of the major companies in the U.S. third-party logistics market has grown to become a $166.8 This points to an ongoing trend, Armstrong notes, "for companies to outsource logistics functions to 3PLs in order to control costs and increase supply chain efficiency." CEVA Logistics (The Americas). CEVA Logistics (The Americas). Source ID. Total Quality Logistics. Source ID.

Leonardo da Vinci and Supply Chain Management

Enterra Insights

What are the best ways to move freight? How can artificial intelligence improve logistics? What do I need to know about reverse logistics? Nikos Papageorgiou, Vice President of Solutions at Slync, explains, “Transactions in sourcing, manufacturing, logistics and distribution generate hundreds of millions of data points. Review logistics processes for any gaps, and regularly monitor customer, supplier, and carrier performance.

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This Week in Logistics News (April 27 – May 1, 2015)

Talking Logistics

Moving on to the supply chain and logistics news that caught my attention this week… XPO Logistics to Acquire Norbert Dentressangle SA. Fetch Robotics Unveils Robotics System for Logistics Industry. UPS Freight Adds LNG Tractors. Mergers and acquisitions (M&A) activity in the 3PL industry remains hot, with another large deal announced this week: XPO Logistics is acquiring Norbert Dentressangle SA for €3.24

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? Lawmakers are placing obligations on manufacturers to own the future of the materials they process. The Digital-First Logistics Effect.

2018 Supply Chain Trends: Omnichannel, Customer Experience, & Regulations to Shape the Industry

Cerasis

According to Talking Logistics With Adrian Gonzalez , due to the complexity of integrating the so-called long tail of suppliers, carriers, customers and other trading partners, companies have followed the 80/20 rule to keep costs down. Better returns management and reverse logistics are essential to keep pace with the growing demand for e-commerce. Tariffs may increase, and fines or penalties for businesses that do choose to source operations overseas may become reality.