Remove Manufacturing Remove Reverse Logistics Remove Sourcing Remove Warehousing

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? When one of the world’s leading manufacturers of personal computers set new goals for its European operations, ModusLink was there to help. Inadequate planning and execution resulted in excess and obsolete inventory and poor utilization of warehouse space. Variability of hardware and component sourcing affected production efficiency, causing fulfillment delays and lower customer satisfaction. Subscribe Here!

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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. 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.

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.

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

Aside from the demand planning, customer order management, and supplier order management activities associated with Fulfillment most people traditionally think of Fulfillment in the context of the Warehouse or Distribution Centre. In a Warehouse all of the activities involved in sending INITIAL orders to Customers or Channels are considered Fulfillment. At a very crude level both involve the completion of orders in a Warehouse or Distribution Centre setting. Subscribe Here!

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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Pursuing a Career in Logistics and Supply Chain

Logistics Bureau

Because there is such a wide spectrum of logistics and supply chain jobs available, it is best to categorise them in the following way: planning, manufacture, sourcing, and delivery. Manufacturing. There are plenty of supply chain opportunities in manufacturing.

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.

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.

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.

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.

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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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.

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

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!

Wearable Technology in the Supply Chain: 3 Core Benefits

Cerasis

One of the most surprising parts of the episode showed a warehouse worker using a voice-automated picking system (see video below), and the worker would then scan the product with a scanner on the tip of his finger. 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 Wearable Technology in the Supply Chain and Manufacturing.

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).

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

Freightos

Marketplaces such as Alibaba’s Tmall, caters to suppliers and manufacturers. Inventory management and replenishment as well as reverse logistics can now be managed by mobile as well as payments. Technology Trend 2: 3D Printing or Additive Manufacturing. In 2013, UPS became the first logistics provider to offer 3D printing services at select UPS Stores. This would have the effect of reducing warehousing requirements.

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.

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

Cerasis

For example, smart glasses in the warehouse are considered a form of Augmented Reality Supply Chain, explains SupplyChainDigest. 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? Augmented.what? Reality? Augmented Reality Supply Chain?

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Top 15 Biggest 3PLs in the US - 2017

Material Handling & Logistics

While the growth in the third-party logistics market has slowed somewhat, 90% of the major companies in the U.S. third-party logistics market has grown to become a $166.8 This points to an ongoing trend, Armstrong notes, "for companies to outsource logistics functions to 3PLs in order to control costs and increase supply chain efficiency." The service most frequently outsourced to a 3PL is transportation management (24%), followed by warehouse management (19%).

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

The Logistics & Supply Chain Management Society

It even took authorities some time to recognise the vital importance of warehouse logistics, supply chain continuity, truck drivers and other transport operators. Arising from the pandemic is risk diversification i.e. reducing sourcing risks from China.

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? 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.

Leonardo da Vinci and Supply Chain Management

Enterra Insights

How are warehousing practices changing? How can artificial intelligence improve logistics? What do I need to know about reverse logistics? Nikos Papageorgiou, Vice President of Solutions at Slync, explains, “Transactions in sourcing, manufacturing, logistics and distribution generate hundreds of millions of data points. Review logistics processes for any gaps, and regularly monitor customer, supplier, and carrier performance.

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

Logistics Bureau

Along with the design of supply chain strategy, the design of the supply chain itself, especially the part dealing with outbound distribution from plants or warehouses, is instrumental in the success or failure of businesses. . 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. Reverse Logistics Cost.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

What if a hurricane destroyed our manufacturing building? Without raw materials, components, subassemblies, products or services a company will not be able to manufacture, distribute, sell and deliver to its customers. A predominant issue is having single, or sole, sourced parts. If there is only one supplier for your materials and the supplier has a problem in manufacturing, quality, allocation, or even financial solvency this can disrupt your supply lines.

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

Cerasis

Then, as a treat, we have 10 more bonus supply chain trends for 2016 in the form of an infographic from irms 360 Enterprise, a Cloud Warehouse Management System. 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.

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The Elegance of the Costco Supply Chain!

Supply Chain Game Changer

When you consider the physical layout of the store you are really walking through a warehouse. 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. Subscribe Here!

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This Week in Logistics News (April 27 – May 1, 2015)

Talking Logistics

Moving on to the supply chain and logistics news that caught my attention this week… XPO Logistics to Acquire Norbert Dentressangle SA. Latest Versions of SAP® Transportation Management, SAP Extended Warehouse Management and SAP Event Management Now Available. Fetch Robotics Unveils Robotics System for Logistics Industry. Norbert Dentressangle serves customers in retail, food and beverage, manufacturing, chemicals, agriculture, e-commerce and high tech.

Supply Chain Education and Certification – What’s Missing?

Supply Chain Game Changer

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.

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? Lawmakers are placing obligations on manufacturers to own the future of the materials they process. The Digital-First Logistics Effect.

The Supply Chain Carbon Footprint Reduction Strategy

Supply Chain Game Changer

The nodes in the Supply Chain are those facilities that are involved in the end-to-end manufacture, processing, distribution, and consumption of goods. Supplier and Company Manufacturing facilities, Warehouses, Distribution Centres, Retail outlets, Return and Repair operations and Consolidation points are all Supply Chain nodes which use resources to perform their processing activities. Low cost sourcing is a predominant reason for this geographically dispersed network.