How to Move Forward with Reverse Logistics

Talking Logistics

Everyone has experienced this scenario: a great event is planned in advance, a timeline is set with a predetermined flow of the party, from when guests arrive to the food and music, all the way to their departure at the end of the evening. The same goes for many planned and well-organized supply chain processes – they carry with them the threat of unplanned and unintended events, especially when moving product from the point of origin to its final destination.

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

The “reshoring” of manufacturing operations from China and elsewhere to the United States continues to make headlines. Back in December 2012, for example, Apple announced that it is investing $100 million to build some of its Mac products in the US. A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. I asked Kevin O’Meara that question last week on Talking Logistics.

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Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. And, what are some of the key factors retailers need to consider when developing their transportation plans? That’s not going to work.

How to Reduce Product Damage During Shipping

Cerasis

Editor's Note: Today's blog is from Cindy Banker with ProCorr Display and Packaging who is bringing us some great insight on how to reduce product damage. If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. In this article, we have highlighted the most common, but often overlooked elements to consider. Trucking Logistics.

Point-of-Danger ICE Raids and Audits

Speaker: Max Muller, Attorney and Author

Supply chain managers should constantly be on guard against forces that could cause a significant point-of-failure in or to their supply chains. The sudden loss of a workforce is an evolving danger to those who provide raw materials, subassemblies, finished goods, and/or necessary services to supply chains; and to entities requiring those items or services. Join Max Muller for this timely, fast-paced and guidance rich webinar that will educate you on the specific steps involved in undertaking your own internal audit, as well as providing you with guidance on what your major and/or sole source suppliers should do as well.

How to Reduce Fraud in Logistics

Shipchain

Fraud in logistics is a major problem. So many resources are wasted on trying to negate the issues, and although numerous risk analytics systems have been developed to try to improve the situation, nothing has proven foolproof. Blockchain technology may be the closest thing we have to a solution, and therefore, it has the potential to drastically change the industry as we know it. Fraud in Logistics and Supply Chain s Is Rampant.

How To Improve Shippers' Communication With Carriers And Customers?

Abivin

With increasing demand from consumers, the FMCG industry needs to respond to customers’ demands in a limited amount of time without loss of quality [1]. As a result, this challenge puts much pressure on logistics operations of each company.

How to Optimize Port Throughput in Global Supply Chains

The Network Effect

Ports play a critical role in international trade, yet they remain major sources of friction in global supply chains. The post How to Optimize Port Throughput in Global Supply Chains appeared first on The Network Effect. Global Trade Logistics Supply Chain Management global supply chains global trade ports shippingIt’s.

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Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

In a standard supply chain process, it has been observed by the economists the rising concern on climate change and growing pressure on the firms to decrease the carbon footprint. Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now. How can companies enable Green Logistics?

How to boost relationships between shippers and 3PLs

DELMIA Quintiq

With growing consumer expectations for faster delivery, shippers are expecting value-added logistics services from 3PL operators. This increases the urgency for 3PLs to leverage on the best market trends to increase logistics flexibility. I had an interesting conversation about this with Frank Tinschert, Business Unit Director Logistics at Quintiq, and below are his answers. This is due to the diversification in the production schemes of manufacturers.

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How To Improve Shippers' Communication With Carriers And Customers?

Abivin

With increasing demand from consumers, the FMCG industry needs to respond to customers’ demands in a limited amount of time without loss of quality [1]. As a result, this challenge puts much pressure on logistics operations of each company.

How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? Let's first talk about first setting the stage, then give you practical practices and tactics to achieve a sustainable lean culture, and then provide core key performance indicators (KPIs) to track your progress. Lean is a challenge to implement.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Keep it Simple : It’s important to not over complicate things.

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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 example, a black swan event may include both the physical damage and ongoing disruption caused by a hurricane and subsequent bottlenecks, so shippers that know how to isolate the causes of poor visibility and areas that are likely to contribute to worsening of black swan events can effectively reduce their chances of coming to fruition.

How to Use Big Data to Improve Supply Chain Visibility

Talking Logistics

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. There are a number of challenges when adopting and deploying a data analytics solution, and it’s important for organizations to clearly define their goals and objectives before embarking on this endeavor. to P.O.D).

How to Shift Your Logistics Management for Omnichannel Selling

AFFLINK

Omnichannel selling is an approach to retail sales that is designed to give the customer seamless brand experiences, whether they’re making a purchase online, over the phone, or inside a store. Businesses that want to increase their bottom line in the coming years must get on board with omnichannel sales, or they risk being left behind in favor of their competitors. Here's a closer look at omnichannel sales and how businesses can take this next step.

How to Secure Your First Supply Chain or Logistics Job

Logistics Bureau

If you’re preparing to launch a new career in supply chain or logistics , it will help a lot to know how and where to look for a first job, which appointments can get you off the best start, and what qualifications will be most helpful in getting you into the profession. The supply chain and logistics workforce in Australia will grow to around 161,000 persons by 2021-22, an increase of around 16,000 workers. Source: LinkedIn “About Us” page.

How to Improve Freight Labeling for Transport and Logistics Management

Cerasis

Lost labels and mislabelled freight result in delays, loss of customer confidence and damage to your business reputation. To combat the problem here’s a way to improve freight labeling for transport and logistics management. Incorrect or missing labels are a source of frustration for packers, handlers, freight forwarders, customs officers, haulers and those receiving the goods. Mislabelled freight is also prone to damage. Freight Logistics

How to Manage Global Supply Chain Relationships the Right Way

Supply Chain Opz

Companies are also recognizing they are no longer in direct competition with each other, but in a supply chain to supply chain based competition. To compete as an integrated supply chain, companies must better understand how to manage their relationships with their supply chain partners, whether they are suppliers or third-party logistics providers (3PLs). While this is an ideal set-up, in reality it is very hard, if not impossible, to achieve.

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Procurement – How to Enable Spend Aggregation!

Supply Chain Game Changer

Theoretically you should be able to generate better service, better terms and conditions, and better cost. Yet there can be many obstacles in your way to achieving this seemingly simple goal. You may be trying to aggregate spend within your company or across companies, or you are trying to outsource this to a Group Purchasing Organization (GPO). To overcome the Spend Aggregation obstacles there are a series of enablers you need to enact to make this successful.

How to Design the Right Solution in a Dynamic Transportation Environment

Talking Logistics

Shippers and Logistics Service Providers (LSPs) are constantly evolving – more rapidly than ever due to increasing activity in mergers and acquisitions, carve-outs, changing client and consumer demands, converging business models, and decreasing IT costs. These influences are changing shipper and LSP transportation requirements in real time, which creates a need for designing the right solution to address those challenges.

How to Synchronize Your Supply Chain!

Supply Chain Game Changer

Check out Supply Chain Collaboration – The New Way to Drive Value! What comes to mind when you hear the word “synchronization?”. Just like every gear and cog of a watch has to work in harmony for that watch to be able to tell time, your supply chain needs to be tightly synchronized to be effective. How can you make sure that everything is in sync every time? Constant visibility is the key to keeping your supply chain synchronized.

Incoterms 2010 the Right Way - SupplyChainOpz

Supply Chain Opz

In global supply chain , most companies try to take an advantage of low-cost country sourcing to drive material costs down. The complexity of this practice is how to divide the responsibilities of each trading partner effectively. In 1936, the first revision of Incoterms or International Commercial Terms was released to help trading partners to determine costs, risks and responsibilities in international trade transactions. NAVIGATE. Basics.

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How To Effectively Run A Distribution Business In Indonesia?

Abivin

Image Source) I. Therefore, distributors are important to manufacturers in expanding market and looking for new opportunities. Its missions are to create values and make positive differences with the distribution activities they engage, strengthen network and coverage to ensure principals product availability. They also provide accurate, complete and on time information and reporting relates to operational, market and competition. Image Source ) 2.

Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

Source: Supply Chain Digest. What does it take to create an award-winning supply chain? The two companies’ shared similarities—bold initiatives, transformative supply chain changes, big results and innovative technology—help answer the question—How to build an award-winning supply chain. High-demand products and parts must be available immediately; lower-demand items need to be delivered the same day or next morning. Source: Lennox.

How to Build Better Supply Chain Finance Goals With Analytics

Turvo

Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. Nothing comes close to the level of turmoil it has caused, and for supply chain leaders, the severe disruption, and changes to freight rates—not to mention limited capacity—contribute to more uncertainty. Everyone has access to some form of data, and every process generates more of it.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

It has been a huge challenge to understand what is changing moment-to-moment, let alone predicting what will happen, so eft by Reuters sat down in a webinar with experts working at the coalface of inventory planning and distribution to understand what can be done to survive and thrive. So, the things that people don’t need on a day-to-day basis.”. Wheeler and Target have found “a huge demand change in how our guests interact with us. How liquid are they?

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Calculating the carbon footprint of a company’s comprehensive logistics framework is tremendously complex. Creating more sustainable logistics is even more important for the trucking industry. According to the American Trucking Association, in the USA trucks move 11 billion tons of freight each year; deliver 100 percent of all consumer products and 70 percent of all freight tonnage; and deliver to the 80 percent of U.S. Logistics

[VIDEO] Logistics Beacons: Using Proximity As A Logistics Oversight Service

Cerasis

The global logistics industry generates $9.1 The global Third Party Logistics (3PL) industry generates $750 Billion in revenue as a part of that figure. These are huge numbers that represent the movement of every good across the globe and the reason we are seeing the rise of Logistics Beacons as a way to increase logistics and supply chain visibility. . There is no larger industry in the world than logistics. Tagging Moving Cargo with Logistics Beacons.

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Ecommerce COVID-19 Advice: How to Manage Online Sales During COVID-19 [New Tips Updated Weekly]

ShipBob

We’re seeing large brick-and-mortar retailers frantically trying to figure out how to stay alive. And the bigger they are, the more costs they have and employees to lay off. It’s an opportunity for brands to get COVID-19 ecommerce advice from one another on how to run a long-term business at a time filled with uncertainty. All the rules are out the window and you need to react. You can be lean, but you need to know your economics.

How To Know If Supply Chain Careers Are Right for You?

Supply Chain Opz

million jobs to fill. To determine if they're right for you, ask yourself these questions. Are you committed to supply chain management? However, these questions lead us to believe that many career changers are not serious about supply chain management, for example, - I got a degree in chemical engineering, has work experience in maintenance division but I do some logistical jobs, can I get supply chain jobs? I don't want to work in the warehouse ".

How to Combat the Uncertainty and Risks in Today’s Global Supply Chains

Talking Logistics

How are leading companies navigating these risks and uncertainties? In a recent episode of Talking Logistics , Razat Gaurav, CEO of LLamasoft, shared some of the insights from this study and provided recommendations on actions companies should take to prepare effectively for whatever happens in the weeks and months ahead. I asked Razat to elaborate. What are companies doing to respond to current uncertainties? How can companies address the talent gap?

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How to implement an efficient risk management system

SupplyOn

Efficient risk management is key to making supply chains and production capacities more resilient. To obtain the full picture, you need to consider suppliers, logistics as well as external events The current coronavirus pandemic poses enormous, unprecedented challenges for companies. Rather, the focus is on how companies can now best protect their core processes and increase the resilience of their operations.

Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. We started the series first by " 9 Key Topics to Understand to Frame A Shipper’s Mind for Effective KPI Management with a 3PL." technique to better achieve desired outcomes. . Whirlpool has not always considered logistics a competitive advantage.

Sales, Inventory & Operations Planning – What It Is and How to Operate

USC Consulting Group

Sales, Inventory & Operations Planning is done on an aggregate or family level, and covers a sufficient span of time to make sure that the necessary resources will be available. Each month, the representatives meet again to determine whether the overall company plan is on course, and to adjust for changes in the marketplace and changes or problems within the company. To whom do we sell (markets, customers)? Understanding How to Operate. Back to top ?.