4 Important Benefits of a Sustainable Reverse Logistics Strategy

Cerasis

Businesses must decide which routes to use, where to manufacture products, and whether to employ the use of a third party logistics provider. However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). Basically, reverse logistics in the supply chain revolves around dealing with end-of-life, malfunctioning, or hardware upgrades.

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!

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A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? When one of the world’s leading manufacturers of personal computers set new goals for its European operations, ModusLink was there to help. Variability of hardware and component sourcing affected production efficiency, causing fulfillment delays and lower customer satisfaction. Utilized advanced sourcing and materials planning to speed fulfillment cycles and improve service levels for increased customer satisfaction.

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. Effective Reverse Supply Chains. However, technology can be used to turn what seemed as losses into standby sources of revenue. Such tools, like the Cerasis Reverse Logistics product , which is newly released, allow an employee to procure and dispose of surplus product from more than one location.

Linking the Supply Chain and Reverse Chain!

Supply Chain Game Changer

What Exactly Is Reverse Logistics? Reverse chain article and permission to publish here provided by Glen Munholland at circularsupplychains.com. clean air and clean water acts of the late 1960s and early 1970s reversed some of the negative impacts. Subscribe Here!

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Why Reverse Logistics Management Should Be a Priority

AFFLINK

Suppliers and manufacturers must now deal with an influx of returned goods, which can be costly if not managed properly. What Is Reverse Logistics? Essentially, reverse logistics is the term for any operation that is related to the reuse of materials. The History of Reverse Logistics. Reverse logistics goes as far back as the American Civil War. Why Reverse Logistics Management Matters Today.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. The Internet’s large-scale global penetration has spawned an increasingly large number of technology and web-savvy consumers, creating a huge opportunity for both industrial manufacturers and their end customers.

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Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

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. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.

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Don’t Lose Your Balance on Electronic Recycling

Talking Logistics

Mass Balance Principles (source: GEODIS). Steps for an efficient Mass Balance are: Mass Balance Steps (source: GEODIS). From this chart you can quickly see the different characteristics of the product to help in decision making: Mass Balance Example: iPad (source: GEODIS). Kevin is a certified Six Sigma Green Belt and has 35+ experience in Industrial Engineering in the electronics manufacturing and recycling business operations.

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

Whether the order is sent to an end consumer, another company, a Retail store, a Manufacturing facility or another Distribution Centre, the process of sending product to that customer is Fulfillment. 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.

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! Email Address.

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

Cerasis

Most manufacturing processes heavily rely on the use of machinery. However, over the course of several months, this slight change in pressure could cause permanent damage to the machine, or it may cause additional problems for other aspects of the manufacturing process. For example, a machine may need to have a specific part replaced every three months, but periods of increased demand could mean the manufacturing entity is placed at maximum capacity.

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

Cerasis

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.

Are We Building Our Supply Chains For Gen Z?

EV Cargo Technology

Really care deeply about where and how you source. Some retailers ethical sourcing teams do a great job of auditing, checking and on-boarding suppliers to meet ethical standards, using portals to communicate information and procedures, but tracking raw materials origins is more of a challenge.? Despite the best endeavours of sourcing office teams and agents, this is difficult without adequate investment.?The Sources.

Are We Building Our Supply Chains For Gen Z?

EV Cargo Technology

Really care deeply about where and how you source. Some retailers ethical sourcing teams do a great job of auditing, checking and on-boarding suppliers to meet ethical standards, using portals to communicate information and procedures, but tracking raw materials origins is more of a challenge.? Despite the best endeavours of sourcing office teams and agents, this is difficult without adequate investment.?The Sources.

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. 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.

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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. Consumers are also expecting more of manufacturers and shipping companies. Shipping and Logistics Providers Seek to Attract Millennials.

Managing Supply Chain SLAs Through Blockchain: Is Blockchain the New Incoterm?

Cerasis

Therefore, having an indisputable source of information, such as blockchain technology, may be used to develop consistency and clarity in managing supply chain SLAs. Blockchain Eliminates Uncertainty Blockchain has great potential in eliminating counterfeit products and tracking freight, which costs upward of $250 billion annually, reports Share America , as well as manufacturing, processes. Traceability includes more than the product at the stage of manufacturing.

How A Brewery Company Manages Contracted Transporters In Real-time

Abivin

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. They are also a part of reverse logistics process by bringing back the returned items or the package after delivery.

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

ToolsGroup

A North American-based survey of nearly 200 supply chain professionals from top CPG, distribution/wholesale, food and beverage, manufacturing, and retail companies found that 58% of respondents are still in the exploring or evaluating phases of digital transformation. PRESS RELEASE. New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . BOSTON, Mass. and HOUSTON, Tex.

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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Maersk would split into two divisions – a Transport & Logistics division, and an energy division.

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10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

China was locking down hundreds of millions of people and closing manufacturing facilities. As China is the largest manufacturing country in the world the economic repercussions were really starting to be felt. And with less manufacturing output there were fewer container ships leaving Asia full of goods meaning activity in ports in North America and Europe would slow down rather quickly. Automotive manufacturers are looking to manufacture ventilators.

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Want to Improve Supply Chain Performance and Profitability?

OneSCM

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. You can integrate numerous new data sources without creating a single silo. Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos.

Want to Improve Supply Chain Performance and Profitability?

OneSCM

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. You can integrate numerous new data sources without creating a single silo. Acknowledge and Address the (Real) Root Cause of Your Supply Chain Data Silos.

Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

Big business are jumping on the bandwagon too – utilizing collaborative distribution, reverse logistics and cooperative sourcing to lower costs, improve efficiency and better optimize their supply chain. 3D Printing and Manufacturing. Those on the manufacturing side will likely need to build new models that accelerate product development and reduce cycle times while finding new ways to lower cost. by Alexa Cheater Meet the Jetsons!

How to Reduce Fraud in Logistics

Shipchain

Fraud in logistics is a major problem. Fraud in Logistics and Supply Chain s Is Rampant. Any solution to the problem of fraud in logistics must find a way to tackle all of these issues at once. It could occur in the procurement of raw materials, manufacturing of products, selling and distribution of products, or in reverse logistics. Take Action Against Fraud in Logistics by Learning More About Blockchain.

Can circular supply chains help solve our global waste problem?

DELMIA Quintiq

One of the main reasons so much waste is generated globally is that 99% of the materials that flow through our manufacturing systems wind up in the trash within six months, according to Paul Hawken’s book, Natural Capitalism. You may think that this is not possible but many of the materials that are utilized during manufacturing exist solely within the confines of the supply chain and never exit it in the form of the product or packaging.

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7 Supply Chain Tips from Superheroes!

Supply Chain Opz

Over the years, those in the organizations such as World Food Programme and International Federation of Red Cross and Red Crescent Societies (IFRC) realizes that logistics and supply chain management is the key to better relief operations. The essence of this article is summarized as below, 7 Principles of Humanitarians Logistics 1) Scan operating environment : as mentioned earlier that HL works in the extreme environment then a good preparation is very important.

Wearable Technology in the Supply Chain: 3 Core Benefits

Cerasis

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. Use of Wearable Technology in the Supply Chain and Manufacturing. Do you ever watch Undercover Boss?

Augmented Reality Supply Chain is Here and It’s Going to be Effective

Cerasis

And, one of the largest sectors we will see grow is in the "Industrial" sector, meaning application for both an augmented reality supply chain to include manufacturing, distribution, and logistics: How will the AR Movement Translate into the Augmented Reality Supply Chain? For example, the process of item repair and reverse logistics could be made much simpler. Augmented.what? Reality? Augmented Reality Supply Chain? As Will Ferrell says, "You're crazy man.

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

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. It is an umbrella term which encompasses the end-to-end aspects of Finance, Operations, Development, Sales, Manufacturing, Distribution, Customer Management, Supplier Management, Technology and I/T. Source: [link] ).

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

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.

Blockchain SCM Transformation Explained in Layman’s Terms

Shipchain

Now, no one knows the true nature and scope of products and the origin of manufacturing until the products arrive; and cases still exist where illegal or unethical practices are taking place. In some areas, labor laws may not even exist, and there is no verifiable way to guarantee the ethical, sustainable sourcing of materials. Every transaction is recorded with blockchains in “blocks,” and this information is shared via an open-sourced network.,

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What is a 3PL? The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL!

Supply Chain Game Changer

Check out What’s the Difference Between Logistics and Distribution? Most people involved in logistics or supply chain related fields would have heard of the term 3rd Party Logistics or 3PL. I ‘m not sure however if many would be that familiar with the terms 1st Party Logistics, 2nd Party Logistics or 4th Party Logistics let alone even pondered the meanings of 1PL, 2PL or 4PL. 2nd Party Logistics (2PL). 3rd Party Logistics (3PL).

Green Supply Chain Management - Infosys Blogs

Infosys Supply Chain Management

Industrial Manufacturing. Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. What is Green Supply Chain Management : Green Supply Chain Management is all about delivering products and services from suppliers, manufacturers to end customers through material flow, information flow and cash flow in the context of environment. This contributes to lean manufacturing.