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6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

GlobalTranz

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper.

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

GlobalTranz

Supply chain leaders must weigh the pros and cons of implementing blockchain solutions and consider the enterprise-wide impacts, like better productivity to increase wages, reduced shrink, and better maintenance schedules tool. An Introduction to Blockchain and Its Potential Benefits and Drawbacks in Supply Chain Management.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

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Building a Circular Supply Chain

TransAudit

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. Here are three examples of how companies adopted a circular supply chain approach and saw significant results: RUSH University Medical Center saved more than $244,000 by reusing workplan furniture.

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Warehouse Sorting Incorporates RFID Scanning

Logistics Business Magazine

A scalable, reliable, high-throughput sorting system, Sure Sort has long been a preferred warehouse automation solution for distribution centers, retail stores, and third-party logistics companies that look for cost-effective and accurate order handling, cross-docking, and reverse logistics.

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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes. 2) A need for variants of products that are more suitable for online ordering and shipping than those suited for in-store sales (leak-proof packaging, for example).

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3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands. Dubbed YAFO, the modeling tool also helps users understand how forests will adapt to a changing climate, drawing on data from multiple European countries. .