Remove Inventory Remove Metrics Remove Reverse Logistics Remove Sourcing
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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

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Building a Circular Supply Chain

TransAudit

Capturing value after the initial use is not generally part of the process and processes are not designed for reverse logistics in many cases. Recommendations: Implement robust tracking systems to verify circular input sources and histories. Network Design Today’s supply chain networks optimize for linear material flows.

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Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

Digital transformation is not seen as a singular activity but a set of interrelated activities that span across people, process, technology, policy, and metrics,” said George Fowler, group vice president in Spinnaker’s Supply Chain business unit.

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What is Lead Time? Definition & How to Shorten It

Unleashed

Lead time is a vital business metric that directly impacts customer satisfaction, workflow efficiency, and delivery time accuracy. It’s a valuable metric for identifying bottlenecks, improving efficiency, and optimising specific operational steps. Let’s break down the most common ones.

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What are the Five Components of Retail Supply Chain Management?

Vinculum

Retail organizations across the globe are implementing supply chain management systems to control the movement of inventories and maintain product quality. This initial stage requires the development of metrics to handle the supply chain so that it is easy to control the costs and deliver quality products to the customers. (2.)