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What Exactly Is Reverse Logistics?

Supply Chain Game Changer

Check out What Exactly Is Supply Chain Management? And then at some point all of these activities were included under the banner of “Reverse Logistics” What on earth is Reverse Logistics? So What Is Reverse Logistics? The term “Reverse Logistics” was first coined by James R. But once explained the phrase Reverse Logistics made sense. And Why Is Reverse Logistics Important?

Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

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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. 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

The 3 Pillars of Digital Procurement! 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. It’s time to recognize Supply Chain as a Service (SCaaS)! Subscribe Here!

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

Supply Chain Game Changer

What Exactly Is Procurement? What is Supply Chain Management? To someone who is starting out their career, or who is new to the field of Supply Chain, it is understandable that there may be confusion as to the definition of SCM. But the reality is that there are many expert individuals and organizations who define Supply Chain differently. Watch our video to learn more about how people define Supply Chain Management! Subscribe Here!

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How Last Mile Delivery Affects the Supply Chain

The Network Effect

Principal, Supply Chain Technology, Tompkins International. The orchestration of processes and information for the procurement of goods to the “last mile” delivery to the customer is a required competency in today’s direct to consumer marketplace. The convergence of supply chain execution systems is a goal that many enterprises have yet to achieve. Returns and Reverse Logistics. By David Meyers.

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Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

The truth be told, the supply chain management profession is extremely broad and the range of jobs in the industry is vast. Supply Chain Planner: A manager whose main responsibility is to analyse a company’s supply chain performance. Logistics Manager.

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.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

The days of managing supply chains through databases and changing information are over. Although blockchain is often related closely to cryptocurrency, it holds great value for use in supply chain management. Use of Blockchain in Supply Chain and Logistics Will Put Certain Departments at Risk As explained by Connor DiGregorio of Industry Week , blockchain technology carries a degree of risk for traditional supply chain departments.

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.

Should I Consider Outsourcing Supply Chain Processes?

ToolsGroup

If your New Year’s resolution is to lose some weight, consider outsourcing supply chain processes. Now companies have started outsourcing supply chain business processes like planning, direct procurement, order management, inventory optimisation and reverse logistics. Dealing with supply chain planning issues can be deadly. This leads to immense pressure on your supply chain. Supply Chain Planning

The Supply Chain Gender Pay Gap is Narrowing!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? and their equivalent of Supply Chain Canada). Subscribe Here! Email Address.

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!

Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. However, supply chains inherently rely on many different links in the chain and, therefore, different business systems are in use (ERPs, WMS, TMS, etc.). How to Root Out Data Silos and Build a True Digital Supply Chain – Without Starting from Scratch.

Want to Improve Supply Chain Performance and Profitability?

OneSCM

Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos. In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. However, supply chains inherently rely on many different links in the chain and, therefore, different business systems are in use (ERPs, WMS, TMS, etc.). How to Root Out Data Silos and Build a True Digital Supply Chain – Without Starting from Scratch.

Back to Supply Chain Basics: Selling and Servicing Inventory

DSI

The paraphrase I’ve applied to supply chain is “you buy the inventory, you transform the inventory and you sell and service the inventory.” In this last installment, I will concentrate on the basics of selling and servicing inventory. In today’s commoditized marketplace, customers have many choices of where they can procure product. As I’ve said earlier in this series , it all comes down to inventory visibility. You buy the inventory.

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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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.

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

ToolsGroup

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. Drivers of supply chain planning digitization vary significantly by company, with 42% identifying increased operational efficiencies (e.g. PRESS RELEASE.

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Supply Chain Education and Certification – What’s Missing?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Quantum Leap to the Top 10 Supply Chain Skills of the Future! The phrase “Supply Chain Management” was originally coined by Keith Oliver in 1982 and subsequently gained increasing popularity as its usage was proliferated in books and language. That was the start of Supply Chain education. What is missing in Supply Chain education and certification? Why is Supply Chain Unique?

Explaining the Supply Chain Management Software Alphabet Soup: TMS, WMS, YMS, LMS, OMS, & More

Veridian Solutions

Supply chain management software can be confusing at times. For example, take these leading top software applications used in supply chain execution: transportation management system (TMS), warehouse management system (WMS), yard management system (YMS), labor management system (LMS), order management system (OMS), enterprise resource planning systems (ERP), and software-as-a-service (SaaS). Create the Right System Lineup for Your Supply Chain by Working With Veridian.

Jobs and Career Paths in Supply Chain and Logistics

Logistics Bureau

Are you fresh out of college or university and planning to enter the supply chain or logistics profession? Perhaps you are considering a mid-career move into the supply chain theatre. 81% of young professionals working in supply chain say that it was the right career choice. Source: Council of Supply Chain Management Professionals 2017 Survey. Types of Job in Supply Chain and Logistics. Supply Chain Planning.

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Supply Chain and Business Success By the Numbers. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. The Top 7 Supply Chain Points to Address for Business Success. .

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.

WES in 2020: Why Combined WES and WMS Functions Build Supply Chain Power

Veridian Solutions

Simplicity gave way to complexity when supply chains went global and supply chain automation opportunities became prevalent. Functions traditionally left solely under the realm of a warehouse management system (WMS), such as inventory management, are no longer distinct from those of warehouse control systems (WCS). They serve a new purpose in offering the capabilities of both a WCS and WMS, as well as a means of enabling the continued growth for supply chains.

Why the CMO Needs to Bond with the Chief Supply Chain Officer (CSCO)

Supply Chain Network

As the world of commerce continues to become more complex, volatile and socially transparent the need for a strong linkage between the CMO and the Chief Supply Chain Officer (CSCO) grows. Ashcroft: Why is it important now for the Chief Supply Chain Officer and Chief Marketing Officer to partner? Mesberg: When it comes to both marketing and supply chain and we consider consumer demand and supply, both sides are simultaneously becoming more volatile.

[INFOGRAPHIC] 5 More Supply Chain Trends To Watch Out for in 2016

Cerasis

Yesterday we began our two part series on 2016 supply chain trends that will drive supply chain management into the future. In that continued theme, today we will again talk about technology but will also include some trends that require a fundamental mindset as well as a holistic mindset when it comes to effective supply chain management now in 2016, throughout the year, and beyond. Supply Chain Trends 2016: 5 Additional More Areas of Focus.

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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.

Green Supply Chain Management - Infosys Blogs

Infosys Supply Chain Management

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Supply Chain Management. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape.

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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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? Connect the entire supply chain.

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. To meet consumer needs, everyone in the supply chain needs to work harmoniously together or risk bad reviews and loss of business. Omnichannel logistics challenges. ”[3] Legacy staff members identify 9 top omnichannel logistics challenges businesses generally face. Carrying inventory is a necessary evil.