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The importance of reverse logistics in your supply chain network

Kinaxis

by Iman Niroomand Reverse logistics is defined as the process of moving goods beyond their typical final destination for things like re-use, capturing value, or proper disposal. In supply chain networks, materials flow from suppliers through to end customers. Supply chain executives measure the effectiveness of that flow using the on-time delivery (OTD) metric. Reverse logistics has become even more important with the arrival of the e-commerce era.

Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

Cerasis

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. Need For Reverse Logistics Breeds Opportunity. Efficiently managing reverse logistics is a daunting challenge for many businesses.

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Reverse Logistics: Who Does it Well?

Logistics Bureau

This article was first published in the July / August 2018 issue of MHD Supply Chain Solutions. It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly. Logistics

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. While every function must help your company grow and prosper when the heat is on uninformed Executives can view Supply Chain as merely a Cost Centre. Why is Supply Chain often undervalued? Promoting Supply Chain Value.

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? Costco Supply Chain in Conclusion.

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The Disintermediation of the Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Think about the typical set of objectives and metrics associated with managing a Supply Chain. Now consider what a Supply Chain entails. Subscribe Here!

The Ocean Plastics Environmental Crisis!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Food Waste and World Hunger – The Food Supply Chain is Broken! This is a monumental, global environmental crisis caused by a severely broken Supply Chain. And where is the focus on reversing the poor attitudes which is needed to fix this situation? The plastics Supply Chain is certainly broken. appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address.

50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

Cerasis

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. 9 Steps to Establish the Lean Supply Chain: A System of Interconnected & Interdependent Partners.

Three Mega Trends Driving Supply Chain Transformations

TMC

Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supply chains. It’s rare to come across an industry article or conference that doesn’t reference how supply chains are being disrupted, automated, and optimized through digitalization. Supply Chain Complexity.

Three Mega Trends Driving Supply Chain Transformations

TMC

Digital transformation is one topic that is dominating our industry—and rightfully so, considering the significant competitive advantages and opportunities it brings to global supply chains. It’s rare to come across an industry article or conference that doesn’t reference how supply chains are being disrupted, automated, and optimized through digitalization. Supply Chain Complexity.

The 9 Key Considerations of an Effective Last Mile Logistics Strategy

Cerasis

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Logistics

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.

Fix Your Retail Supply Chain to Make the Last Mile Count

Logistics Bureau

Last mile might be the latest buzzword (or buzzwords) in logistics, but not without good reason. Now before you write off my statements as something you already knew, here’s a fact you might not be so familiar with: For your last mile services to compete successfully, you need to ensure that your entire supply chain (or at least the parts you can reasonably control) is set up to support a winning last-mile strategy. Read More: The Future of Retail Supply Chain.

Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos)

Supply Chain Game Changer

Check out The Baby Supply Chain! There are many different Supply Chains in the World covering every industry, every business or institution and every aspect of our lives. But the single most important Supply Chain is the Food Supply Chain! Our very survival depends on there even being a Food Supply Chain. But there are two very opposite, yet unacceptable, problems in this Supply Chain. Subscribe Here!

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9 Key Considerations in an Effective Last Mile Delivery Strategy

Supply Chain Game Changer

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. One of the first problems with creating a last mile logistics strategy is cost. Retail #ECommerce #SupplyChain #Logistics. Subscribe Here!

5 fundamental ways to reduce Last mile Delivery Costs

Abivin

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. You can measure your fleet performance with 5 key metrics for last mile delivery. Rather than thousands of middle distribution channels, these urban warehouses are now near the highly populated areas for quicker and more convenient shipping.

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. Segmented Supply Chain Processes.

What’s the ROI Of Transport and Logistics Providers & A TMS?

Cerasis

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. In reality, the actual savings and return tend to be closer to 10 percent, reports Inbound Logistics.

Black Friday, Cyber Monday, & Holiday Peak Season Success Built on WMS Efficiency

Veridian Solutions

How Poor WMS Efficiency Affects Holiday Supply Chain Capacity. Poor WMS efficiency has a disastrous effect on supply chain success. warehouse is 34 years old, explains Michelle Fischer via Inbound Logistics. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. WMS efficiency also means streamlining billing and order fulfillment, reducing inaccuracies and improving cycle time to complete purchases and ship orders faster.

Black Friday, Cyber Monday, & Holiday Peak Season Success Built on WMS Efficiency

Veridian Solutions

How Poor WMS Efficiency Affects Holiday Supply Chain Capacity Poor WMS efficiency has a disastrous effect on supply chain success. warehouse is 34 years old, explains Michelle Fischer via Inbound Logistics. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. WMS efficiency also means streamlining billing and order fulfillment, reducing inaccuracies and improving cycle time to complete purchases and ship orders faster.

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

However, despite formidable challenges, the logistics industry has been anything but stagnant. Value-added services like customs brokerage, insurance, and reverse logistics add layers of complexities well beyond the scope of a carrier’s core competence. With 22,000 TEU mega ships exacerbating surplus capacity, the situation is unlikely to improve any time soon. Join with over 10,000 professionals getting cutting-edge logistics tech insights right to their inboxes.

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

However, despite formidable challenges, the logistics industry has been anything but stagnant. Value-added services like customs brokerage, insurance, and reverse logistics add layers of complexities well beyond the scope of a carrier’s core competence. With 22,000 TEU mega ships exacerbating surplus capacity, the situation is unlikely to improve any time soon. Join with over 10,000 professionals getting cutting-edge logistics tech insights right to their inboxes.

The Top 10 Transportation Management Systems

The Logistics of Logistics

How do we streamline our supply operation?”. The answer almost always requires close scrutiny of a companies supply chain infrastructure and the status of its Transportation Management System (TMS). Choosing to implement your first TMS product or deciding to revamp outdated software might seem daunting but long-term savings and increased cooperation along your supply chain is invaluable. Exceptional communication functionality between supply partners.

50 expert warehouse optimization tips and techniques

6 River Systems

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Where is your picking operation located with respect to shipping and product storage? “The overall amount of time it takes for raw materials or parts to make their way through your warehouse and onto store shelves is another key metric in determining your success as a warehouse supervisor.