Remove Data Remove Definition Remove Disposal Remove Examples
article thumbnail

What is Reverse Logistics?

GlobalTranz

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

article thumbnail

Strategies for Embracing the Internet of Things

Supply Chain Brain

While they might embrace the underlying concept of the IoT, they’re dubious about their ability to manage the resulting flood of data in a meaningful way. How, for example, can they distinguish between information that’s relevant to the organization, and that which is useless? What kind of technology do they need to make that possible?

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Simply put, there is no more effective way to ensure accurate ecommerce inventory control than to invest in IM software that can integrate with all your sales channels to provide real-time visibility, centralise inventory data, and automate stock updates.

article thumbnail

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

GlobalTranz

For example, consider these benefits of using blockchain for bill of lading standardization and more. Decentralized data is the hallmark of the blockchain, but companies working to develop in-house blockchain platforms will face a problem. This is how its value will be portrayed, and its key benefits reflect this change in attitude.

article thumbnail

What is a 3PL? How Third-Party Logistics Providers Benefit eCommerce Brands

Ship Monk

This neutral third party acts as the admin and point person for managing the ins and outs of your 3PL order fulfillment situation, as well as all other supply chain partners you may work with (for example manufacturers, freight forwarders, outsourced customer service teams, etc.). Another example is the crucial factor of 3PL software.

article thumbnail

Equipment Refurbishment vs. Reconditioning [Differences, Benefits, Costs]

Conger

For example, paper mills often use higher-capacity indoor cushion tire forklifts with paper roll clamps. Here is an example of reconditioning vs buying a new forklift: Let’s consider a scenario with a forklift. Applications may require specialized equipment to fulfill their operations.

article thumbnail

Equipment Refurbishment vs. Reconditioning [Differences, Benefits, Costs]

Conger

For example, paper mills often use higher-capacity indoor cushion tire forklifts with paper roll clamps. Here is an example of reconditioning vs buying a new forklift: Let’s consider a scenario with a forklift. Applications may require specialized equipment to fulfill their operations.