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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? 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

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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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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. Sourcing.

Locus Robotics at Retail Supply Chain Virtual

Locus Robotics

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.``.

The State of Supply Chain Trends Part III: Circular Supply Chains, Collaboration, and Risk

Cerasis

Supply chains have traditionally followed a linear path, manufacturing products and sending them through warehouses and distribution centers to consumers. However, the age of the internet and omnichannel sales has created vast opportunities to change how the supply chain functions, creating more cohesive, collaborative, and circular supply chains. More companies were taking steps before 2016 to improve collaboration across entire supply chains.

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Wearable Technology in the Supply Chain: 3 Core Benefits

Cerasis

Well, this example shows how wearable technology in the supply chain was being used 3 and a half years ago in 2012. However, the applications of wearable technology in the supply chain have grown beyond the computer-generated voice that spoke way too fast, way to monotone, and way too annoying. Today, wearables are becoming increasingly popular, and these devices have the potential to radicalize the typical supply chain in forward and reverse logistics processes.

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.

Locus Robotics at Retail Supply Chain Virtual

Locus Robotics

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.``.

Locus Robotics at Retail Supply Chain Virtual

Locus Robotics

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.``.

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

Cerasis

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. Ultimately, the IoT Supply Chain will enable greater accuracy and identification of potential issues throughout supply chain processes. The IoT Supply Chain and Shipping Processes. The supply chain will adore the IoT.

The Elegance of the Costco Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! I started thinking about the Costco Supply Chain. At its core the Costco business structure is a great example of a lot of Supply Chain principles implemented with great efficiency. What is it that makes Costco’s Supply Chain so effective? This is a massive source of efficiency.

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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.

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

People who do not work in Supply Chain may hear the terms Fulfillment and Replenishment and consider that they mean the same thing. Interestingly many people who do work in Supply Chain consider the terms Fulfillment and Replenishment to be synonymous. But what does that mean in terms of the Supply Chain? If you need more material from your suppliers you will send them an order to replenish your supply. appeared first on Supply Chain Game Changer™.

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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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.

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. Subscribe Here!

Three Benefits of a Resilient Supply Chain

Oracle SCM

I'm always struck by how weather patterns not only affect our lives but how they also disrupt supply chains and global trade. But it turns out this year is all about La Niña – an equally problematic, though lesser known weather system just as powerful and disruptive to supply chains. Explore Modern End-to-End Supply Chain for Real Business Growth. Massive weather disruptions constitute a potential logistical nightmare.

This is Not a Supply Chain Storm to Weather!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Storm article and permission to publish here provided by Bryce Boothby. The supply chain has experienced some instantaneous changes – for both B2C and B2B. Supermarket chains can’t keep their shelves stocked while retailers have warehouses full of unsold inventory. However, now that supply chains are business networks, every impacted link affects the whole ecosystem.

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 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!

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?

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. Logistics Manager.

The Supply Chain Carbon Footprint Reduction Strategy

Supply Chain Game Changer

Supply Chain professionals however are uniquely positioned to make dramatic impacts on the environment. In Supply Chain we are involved in the entire breadth of activities in most any company. As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. The Supply Chain Environmental Model. Subscribe Here!

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. .

Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

As a result, Global Supply Chains have experienced severe “Supply side Shocks” with massive disruptions impinging on all sectors. SUPPLY CHAIN DISRUPTION—Respond, Recover and Regrow. SUPPLY CHAIN OPPORTUNITIES AND CHALLENGES. Supply Chain Technology.

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!

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

Freightos

Over the past month, we’ve been posting supply chain predictions, brought to you by some of the most creative thinkers in the industry, including Joel Clum of CarrierDirect , Martijn Graat of LogisticsMatter.com and Steve Brady of Supply Chain Innovations Today. Today, we’re proud to present Cathy Roberson’s… 3 Technology Trends Changing the Supply Chain (2015-2020) Part IV. What roles will this play in supply chain?

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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Preparing Your Business for the Holidays? Don't Forget These Supply Chain Essentials

Elementum

In this special edition of Chain Reaction, we're taking a look at the fundamentals of readying your supply chain for the busiest season of the year. Each year, every player in the supply chain rallies its forces to give shoppers what they want. Vendors must be prepared for communication issues, weather-related problems, and supply chain disruptions. Check inventory and monitor consumer reports to predict which products are going to be in demand.

Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand

Cerasis

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. The push toward a more efficient, data-driven supply chain will result in more competition among companies.