4 Important Benefits of a Sustainable Reverse Logistics Strategy


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.

How to Move Forward with Reverse Logistics

Talking Logistics

And it is when that shipment does not arrive in its best condition that shippers experience the reverse logistics process. Reverse logistics is the invariable result of unintended consequences, which are typically referred to as “over, short and damaged” (OS&D). It can also represent a significant supply chain cost, as there tends to be disorganization around managing reverse logistics that is more challenging than conventional “forward” logistics management.


Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Light Bulbs To Rugs, IKEA’s Commitment To Reverse Logistics & The Circular Supply Chain


Reverse logistics presents unique challenges and opportunities. Ikea, a company known for innovation , is facing the enigma of reverse logistics head on. Through these innovative reverse logistics initiatives , Ikea is not only acting in a more sustainable manner and reducing the company’s environmental footprint, it is also increasing engagement with consumers and creating positive economic opportunities for the company. .

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

SCM 84

How A Brewery Company Manages Contracted Transporters In Real-time


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. In this article, we will take a deeper insight into how one leading brewery company can effectively manage all contracted transporters in real-time. Image Source 2. How the company manages all contracted transporters in real-time a. Image Source d.

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


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 for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?


Challenges in Using Blockchain in E-Commerce The difficulties of blockchain depend on the source questioned. How Surface Mode Shippers Can Compete in E-Commerce Logistics. Remember the reverse logistics supply chain use of blockchain. Reverse logistics will also see gains through blockchain technology. appeared first on Transportation Management Company | Cerasis. Blockchain E-Commerce Logistics

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. New Capabilities from JDA Create Transportation Resiliency – Enabling Shippers to Balance Service and Cost Pressures. Latest Versions of SAP® Transportation Management, SAP Extended Warehouse Management and SAP Event Management Now Available. Fetch Robotics Unveils Robotics System for Logistics Industry.

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


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.

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


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. In a sense, the ideas behind reverse logistics are becoming essential to all supply chain networks, creating a circular supply chain.

Trends 168

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


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.

[WHITE PAPER] The Wonderful World of Managing Parcel Shipping Spend


Depending on company size, parcel spend can make up the majority of freight spend, and the costs of parcel in reverse logistics add to the burden. That’s why shippers will want to learn the following information in this free white paper: What Does Parcel Have to Do With Overall Logistics Spend? Proactive parcel management , including reverse logistics, necessitates ongoing understanding and improvement of overall logistics strategy.

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


Therefore, having an indisputable source of information, such as blockchain technology, may be used to develop consistency and clarity in managing supply chain SLAs. For instance, procurement and reverse logistics processes, such as reclamation of raw materials and metals from old products, may be enhanced through blockchain technology to document the origin of a product prior to manufacturing. appeared first on Transportation Management Company | Cerasis.

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans


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.

5 fundamental ways to reduce Last mile Delivery Costs


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. However, the inefficiency of delivering goods and difficulties in reaching end users trigger last mile problems by dint of high transportation expenses. Source 1. a full loaded truck) is an optimal way to reduce transportation costs, number of deliveries and risk of damage to products caused by extra space.

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).

The Great Maersk Shift


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.

Cargo 264

This is Not a Supply Chain Storm to Weather!

Supply Chain Game Changer

With less transportation capacity, carriers are forced to hike shipping costs, and airfreight rates from China to Europe were already up 253% YOY in April. 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.

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

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 74

Want to Improve Supply Chain Performance and Profitability?


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.

Want to Improve Supply Chain Performance and Profitability?


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.

This Week in Logistics News (December 15-19, 2014)

Talking Logistics

Moving on, here’s the supply chain and logistics news that caught my attention this week, with 3PLs dominating the headlines: FedEx to Expand Global Portfolio of Solutions with Acquisition of GENCO. UPS Acquires Polish Healthcare Logistics Company Poltraf. Radiant Logistics Acquires Don Cameron and Associates, Inc. Roadnet® Transportation Suite 3.6.8 OHL Launches Phase One of Their Single Source Portal for Customer Logistics Intelligence.

Cuba 181

Supporting sustainability in supply chains


So, we can find many opportunities to drive synergies and reduce CO 2 footprint by increasing collaborative transport.” However, achieving “that circular model on a national scale requires a very sophisticated reverse logistics engine” explained Nador. “We

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


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? AR is also being used for transportation optimization as well. For example, the process of item repair and reverse logistics could be made much simpler. Augmented.what? Reality?

Israel 189

Wearable Technology in the Supply Chain: 3 Core Benefits


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.

The Supply Chain Gender Pay Gap is Narrowing!

Supply Chain Game Changer

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? Source ,” which includes Buyers, Category Managers, Commodity Managers, Procurement Specialists, Purchasing Managers and Sourcing Managers. Subscribe Here!

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. Source: [link] ). Source: [link] ). Source: [link] ). Source: [link] ). Source: Nabil Abu el Ata, Rudolf Schmandt (2016), The Tyranny of Uncertainty, Springer, ISBN 978-3662491041 ).

Can circular supply chains help solve our global waste problem?

DELMIA Quintiq

These operations include intermodal reverse logistics transportation, recycling facility sorting and numerous manufacturing steps that transform plastic back into usable nurdles. It highlights the supply chain key differences between the lifecycle of standard bottles and proprietary bottles: Source. In contrast, the propriety bottles need to be crushed and passed into the glass recycling system to be utilized as source material for completely new bottles.

Global 124

Three Benefits of a Resilient Supply Chain

Oracle SCM

However, just as with El Niño, what enough people — especially supply chain professionals — are not thinking about is how these weather changes — how any weather change – impacts agriculture, mining production, operations and transportation. Massive weather disruptions constitute a potential logistical nightmare. Logistics Oracle Supply Chain Management Supply Chain ManagementDiego Pantoja Navajas , VP WMS Development.

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.

6 Manufacturing Trends to Watch Out for in 2016


Logistics and Transportation Managers at manufacturers will have reports at their fingertips on how to continue to reduce transportation costs, a heavy portion of the expense budget, by leaning on data to continually improve. 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.

Leonardo da Vinci and Supply Chain Management

Enterra Insights

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. Thousands of SKUs, hundreds of transportation lanes and countless business partners must be managed in tandem to optimize business performance and serve the end-customer.

Turkey 100

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


So when I asked Cathy Roberson, a senior analyst at Transport Intelligence and a tech-enthusiast who is vox supplychainus on Twitter at cmroberson06 , I was not surprised when she sent me back an analysis that seems to match up perfectly with some of Google’s recent projects: Google Glasses, Android and 3D printing. Inventory management and replenishment as well as reverse logistics can now be managed by mobile as well as payments. Transportation Optimization.