Supply Chain Game Changer

NOVEMBER 14, 2018

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!

Reverse Logistics 61

Reverse Logistics 3PL Third Party Logistics Policies 61

Supply Chain Game Changer

NOVEMBER 23, 2018

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

Case Study 48

Case Study Reverse Logistics Study Forecasting 48

Cerasis

JULY 7, 2015

Recovering your assets is a difficult task no matter what your occupation with reverse supply chains in the marketplace. Effective Reverse Supply Chains. This excess of inventory can often pose as a problem when companies already have a long list of issues to tackle to remain relevant in the market. However, technology can be used to turn what seemed as losses into standby sources of revenue. 4 Core Benefits of Deploying a Reverse Supply Chains Process.

Supply Chain 255

Supply Chain Reverse Logistics KPI Big Data 255

Supply Chain Game Changer

JUNE 11, 2019

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. supplychainmanagement #humanresources #procurement #logistics #jobs. Subscribe Here! Email Address.

SCM 84

SCM Reverse Logistics Education Supply Chain 84

Unleashed

JUNE 24, 2020

That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. In an increasingly complex eCommerce world, keeping track of inventory is tricky. Many brands are turning to omnichannel inventory management to meet the challenge. We’re going to share five tips to help you make omnichannel inventory work for you. What is Omnichannel Inventory Management?

Inventory Management 60

Inventory Management Omnichannel Inventory Reverse Logistics 60

Supply Chain Game Changer

FEBRUARY 19, 2019

When you are Replenishing those goods you are engaging processes associated with Inventory management, re-order points, stocking levels, order lead times, transit times, purchase order changes and more. 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.

Shipping 59

Shipping Demand Planning Video Reverse Logistics 59

Locus Robotics

AUGUST 18, 2020

Join us at the Retail Supply Chain Virtual conference, August 20-21 2020, for this year’s most important retail logistics topics regarding the New Normal for e-commerce supply chains. ``We will define lasting change in the retail revolution.``.

Reverse Logistics 70

Reverse Logistics Retail Conference Innovation 70

Locus Robotics

SEPTEMBER 21, 2020

Join us at the Retail Supply Chain Virtual conference, August 20-21 2020, for this year’s most important retail logistics topics regarding the New Normal for e-commerce supply chains. ``We will define lasting change in the retail revolution.``.

Reverse Logistics 52

Reverse Logistics Conference Retail Innovation 52

Supply Chain Game Changer

NOVEMBER 13, 2018

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. I worked in Materials Handling, Packaging Engineering, Warehouse Space Planning, Resource Planning, Procurement, Inventory Management and Control, Production Control, Systems Management and other areas.

Sourcing 63

Sourcing Reverse Logistics Warehousing Distribution 63

Cerasis

JULY 30, 2018

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond.

Examples 170

Examples Industrial Industry Reverse Logistics 170

Abivin

OCTOBER 17, 2019

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. First, let’s take a look at the logistics optimization platform implementation to see how technology can change the whole logistics efficiency.

Reverse Logistics 63

Reverse Logistics Vietnam Company Transportation 63

Cerasis

JANUARY 13, 2017

More importantly, the steps for creating a collaborative relationship were further defined, reports PLS Logistics , to include the following: Work together to create common-ground. However, the solution to these problems lies in distributing the workload evenly, including access to data sources and sharing of information. With relation to inventory management and product complexity, new technologies, such as 3D printing, are enabling more efficient inventory management and control.

Trends 168

Trends Supply Chain Reverse Logistics Omnichannel 168

Supply Chain Game Changer

JUNE 16, 2020

A predominant issue is having single, or sole, sourced parts. If the supplier provides materials that can be sourced elsewhere then you have a path to developing a contingency plan. Every part of your Supply Chain from suppliers, to logistics carriers to Distribution Centres, Manufacturers and Marketing channels must all have sufficient capacity to meet your needs. And Supply Chain manages the levels of inventory which can dramatically impact the deployment of cash.

Risk Management 46

Risk Management Supply Chain Risk Management Forecasting Reverse Logistics 46

Cerasis

APRIL 18, 2016

When the Internet first arrived, the idea of waiting for an extended period to receive a product was great, asserts Gordon Hellberg of Material Handling and Logistics. However, Amazon is shaking up the mix by seeking to make today’s e-commerce practices obsolete, and shipping and logistics providers need to understand why. As companies take steps to achieve lower rates, by utilizing third-party logistics providers ( 3PLs ), the competition will further increase.

Omnichannel 192

Omnichannel Meeting Shipping Logistics 192

Supply Chain Game Changer

OCTOBER 28, 2020

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? The top 5 technical skills were, in order: Inventory Management, Project Management, Best Practice Knowledge, Computer Skills, and Risk Management. Subscribe Here!

Survey 52

Survey Canada eBook Reverse Logistics 52

ToolsGroup

SEPTEMBER 25, 2019

Our customers overcome demand volatility and supply chain complexity for outstanding service levels with reduced inventory. ToolsGroup solutions include Demand Planning & Sensing, Inventory Optimization, Allocation & Replenishment, Demand & Supply Collaboration, Promotions Planning and S&OP. PRESS RELEASE.

Study 131

Study Supply Chain Planning Company Houston 131

OneSCM

AUGUST 2, 2018

This silo mentality, along with the physical inability to distribute information in real-time, can make it difficult to determine if and how operational decisions will affect an organization, starting with sourcing and procurement and ending with reverse logistics. For example, if a transportation management system (TMS) does not update an inventory management system, each purchase order (PO) placed must be tracked using manual requests.

Supply Chain Performance 150

Supply Chain Performance Supply Chain Predictive Analytics Reverse Logistics 150

OneSCM

JULY 18, 2018

This silo mentality, along with the physical inability to distribute information in real-time, can make it difficult to determine if and how operational decisions will affect an organization, starting with sourcing and procurement and ending with reverse logistics. For example, if a transportation management system (TMS) does not update an inventory management system, each purchase order (PO) placed must be tracked using manual requests.

Supply Chain Performance 150

Supply Chain Performance Supply Chain Predictive Analytics Reverse Logistics 150

Cerasis

DECEMBER 5, 2018

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. With more Full Truckload (FT) carriers turning away shipments in the 5,001 to 10,000 weight band, according to Jeff Berman of Logistics Management , the demand for LTL will increase. For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverse logistics.

Freight 161

Freight Shipping How To Reverse Logistics 161

Abivin

APRIL 11, 2018

The term “last mile” is more than just a buzzword in the logistics and supply chain industry, concerning the transportation of goods to the final destination. Source 1. Source 3. Don’t forget Reverse Logistics Reverse logistics involve the process of delivering the desired goods to customers, receiving and sending back their unwanted products.

Reverse Logistics 62

Reverse Logistics Resources Distribution Software 62

Supply Chain Game Changer

JUNE 25, 2020

Supermarket chains can’t keep their shelves stocked while retailers have warehouses full of unsold inventory. There’s also the issue of sourcing , as companies consider nearshoring and reshoring and requalify and re-assess their suppliers and sub-suppliers. Don’t put all your eggs in one basket: Start establishing other sources now. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Reverse Logistics 46

Reverse Logistics Vietnam Indonesia Thailand 46

Supply Chain Game Changer

MARCH 24, 2020

A natural starting point is the level of single, or sole sourcing, that is put in place. A sole source is a supplier selected because they are uniquely able to provide the materials or components, whether by virtue of intellectual property or other means of going to market with exclusivity. A single source is a supplier selected as the only supplier, on the basis of varying decision criteria, even though there are other suppliers able to provide those materials.

Iran 72

Iran Reverse Logistics Italy Sourcing 72

Supply Chain View from the Field

NOVEMBER 26, 2015

To complicate this, reverse logistics capabilities must be established to handle the high volume of exchanges, returns, and damaged goods as more websites cater to a guaranteed zero cost of return policy. To cope with this environment, companies are seeking to outsource more technology design, inventory management, working capital investments, and planning execution to other partners in the supply chain.

Reverse Logistics 60

Reverse Logistics Automotive Packaging Trends 60

Cerasis

FEBRUARY 16, 2016

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.

Logistics 191

Logistics Lean Third Party Logistics Reverse Logistics 191

Cerasis

JULY 14, 2015

Cantaloupe System uses the IoT to help monitor the temperatures of their vending machines, detect thieves, and monitor inventory. In the future, the IoT may allow vending machines to recognize dropping inventory, place orders for more product, recognize delivery of products, and generate a payment to the respective supplier.

Internet of things 261

Internet of things Supply Chain Reverse Logistics Analysis 261

Cerasis

MARCH 1, 2016

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. Do you ever watch Undercover Boss? Think back to 2012 when Sam Taylor, CEO of Oriental Trading Company , went undercover in his own company.

Supply Chain 191

Supply Chain Predictive Analytics Third Party Logistics Reverse Logistics 191

Oracle SCM

JANUARY 2, 2018

Massive weather disruptions constitute a potential logistical nightmare. When La Niña threatens the ability to source material, manage operations and inventory, or transport it, it becomes a supply chain problem. Supply chain solutions need to be flexible enough to change and powerful enough to help organizations stay online, manage inventory and respond to change. Mitigate unpredictability in the weather with predictability and total control of your inventory.

Pakistan 96

Pakistan eBook Reverse Logistics Inventory 96

Supply Chain Game Changer

JANUARY 21, 2020

Fewer SKUs and suppliers mean less complicated logistics. This is a massive source of efficiency. By working with suppliers to optimize the amount of product on a pallet Costco is able to reduce handling, maximize truck capacity utilization, and lower logistics costs. Costco eliminates the middle man in logistics bypassing distributors all together. Inventory Turnover. turns, or 32 days of inventory on hand. Subscribe Here! Email Address.

Lean 62

Lean Supply Chain Reverse Logistics Metrics 62

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space. Inventory shortages. Select one strategic logistics partner and build a long-term, close relationship. Inventory and storage costs.

Reverse Logistics 84

Reverse Logistics Supply Chain Strategy Australia Inventory 84

Freightos

MARCH 3, 2015

Inventory management and replenishment as well as reverse logistics can now be managed by mobile as well as payments. In 2013, UPS became the first logistics provider to offer 3D printing services at select UPS Stores. According to Ti’s white paper on the topic, some goods manufactured in Asia-Pacific could be near-sourced to the US or Europe. Also, the mass customization of products would mean that inventory levels fall, as goods are made to order.

Innovation 183

Innovation Company Netherlands Belgium 183

Cerasis

JANUARY 5, 2016

It also requires the ability for logistics and supply chain managers to look at forward moving logistics as well as reverse logistics. . The use of reverse logistics provides a myriad of benefits to include: Reduced administrative, transportation and aftermarket support costs. When the time comes to get rid of this equipment, business owners can employ reverse logistics practices to reap a second return on investment from the equipment.

Trends 191

Trends Supply Chain Reverse Logistics Alabama 191

Cerasis

DECEMBER 7, 2015

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data. We have written quite extensively about the role of robotics in manufacturing as well as the impact on supply chain and logistics. Manufacturers Look towards Logistics Efficiency to Stay Competitive.

Trends 191

Trends Manufacturing Predictive Analytics Internet of things 191

Logistics Bureau

APRIL 18, 2019

Are you fresh out of college or university and planning to enter the supply chain or logistics profession? Source: Council of Supply Chain Management Professionals 2017 Survey. Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. Types of Job in Supply Chain and Logistics. There are many job types in supply chain and logistics, so to simplify things, it’s best to categorize them in some way.

Procurement 87

Procurement Sourcing Reverse Logistics Survey 87

Supply Chain Game Changer

FEBRUARY 4, 2020

Supply Chain includes planning, budgeting, strategy development, resource planning, capital management, cash flow management, procurement and purchasing, supplier sourcing and management, manufacturing, operations, warehousing, distribution, logistics, inventory management, customer order management, reverse logistics, customer experience, information technology, risk management, business process management, forecasting, information flow and materials flow, and on and on.

Education 53

Education Course SCM Electronics 53

Vinculum

NOVEMBER 19, 2019

With increased internet penetration and access to better logistics options, customers participate in cross-border eCommerce as well. The major challenge in cross-border eCommerce is returns management of unsold inventory and high cost of reverse logistics. Returns USA provides returns management and reverse logistics services for both domestic and cross-border eCommerce reducing return costs and increasing your profit margins.

Reverse Logistics 40

Reverse Logistics United States Groups Shipping 40