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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.
Even if you’ve implemented the most sophisticated process and technology for your S&OP process, there’s a hard truth you need to hear: a supply chain not designed to be in tune with the rapid market shifts will leave your best-laid plans exposed and make them unreliable. But by now, we all know those ideas no longer hold true.
Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.
A new white paper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In CLICK HERE to download the full white paper.
Watchdog platforms, 3PL companies, and technology can be important allies in the war against rising cargo crime numbers. Specialized data analysis firms such as Cargonet have found that cargo theft is peaking and the losses being suffered by manufacturers, shippers, and logisticsservice providers have reached historic highs.
Situation Companies are increasingly confronted with complex planning scenarios due to predictable events such as mergers and acquisitions, category expansions, supplier changes, and distribution evolution, as well as disruptive events including demand volatility, material shortages, capacity constraints, and logistical surprises.
There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. Depending on the product, their customers are consumer goods companies, retailers, food service distributors and restaurant chains. The freight market is mercurial.
At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. For that reason, freight benchmarking services are seeing increased uptake by shippers.
We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logisticsservice level provider. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management.
The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. It was a strategic/tactical analysis, disconnected from day-to-day operations, and the softwaretools were difficult to learn and use.
If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. You may have added new products to your range, engaged new suppliers, or begun working with third-party logistics providers.
For months, retailers have been stockpiling massive amounts of goods to meet surging consumer demand, and compensate for ongoing supply and logistics issues. Too many suppliers are underinvesting in today’s digital transformation technologies and solutions.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. Delivery service levels.
By David Beaumont This article, and the series which follows, are an updated version of a presentation given at the Australian National University titled ‘ Logistics preparedness and mobilising the national support base: the effectiveness of ADF strategic logistics prior to Operation Warden 1999 ‘.
Few people realise how much software runs today’s cars, observes Les Hatton, emeritus professor of forensic software engineering at Kingston University, UK. “We We sit at home and can’t work out why the printer isn’t working, and then we’ll get in a car where there’s probably more software underneath,” he says.
Logistics readiness refers to the ability to undertake, to build up and thereafter to sustain, combat operations at the full combat potential of forces. [1]. Logistics readiness is not just a matter of prioritising Defence resources. I described the interplay between logistics and readiness. By David Beaumont.
By David Beaumont This article, and the series which follows, are an updated version of a presentation given at the Australian National University titled ‘ Logistics preparedness and mobilising the national support base: the effectiveness of ADF strategic logistics prior to Operation Warden 1999 ‘.
service, profit, capacity) of a small number of demand scenarios (e.g. For example, the analysis from stress testing can reveal a particular supplier or production resource is a frequent point of failure under high-demand scenarios. Conventional what-ifs only evaluate the outcomes (e.g. base, opportunities, and risks).
For Mars, digitalization has focused on improved customer service, cost reductions, and making their supply chain associates more productive. Mr. Beery began by visiting Procter & Gamble, UPS Logistics, the devices division at Microsoft, and other companies with advanced supply chains. One of those companies was Aera Technology.
Even if you simplify your product range and your upstream suppliers, you still have to deal with the ramifications of diverse customers, their expectations, their location and the logistics needed to meet their requirements. Customer-specific services. Logistics costs are often a big contributor to overall Cost to Serve.
These officials were responsible for key decisions with respect to the transformation of logistics as it applied to the Australian Defence Force (ADF) and the Department of Defence during a period of major transformation lasting twenty years. This is often the case with respect to logistics. The strategic basis for capability.
If the operational commander endorses the requirement, the enabling organisations will make sure that the material/service (and some) is made available as a priority. The key is effective data analysis, trusted modelling tools and a systematic approach that provides total visibility across the entire supply network.
To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. Read on to learn how you can make your supply chain function with less cost, greater efficiency, and improved customer service —or perhaps all three—by handing off some relevant activities to an external contractor.
The company also increased its use of third-party logistics providers and effectively created a network that could be optimized tactically at any given point in time. The chip had to work, so Intel could make no service trade-offs. With each Atom product being a single component, there was also no way to reduce duty payments.
When the retail and consumer goods industries, who have the most complicated supply chains, are envisaging intelligent automation as the future of the supply chain, then can logistics – the core of supply chain be left behind? How Intelligent Automation Will Benefit Logistics. Definitely not.
So those faster moving products using this principle we can categorise as A, and so on, through B and to C the slower the sales rate is, we call this ABC analysis. Unfortunately at best, I have seen businesses just add more pickers when they need to get through the work and that adds costs or even worse, missing customer service targets.
Beyond these benefits, when slotting is done correctly, it’s also advantageous from health, safety, and service perspectives. Here at Logistics Bureau, we’ve helped countless warehouse operators to implement slotting strategies and we get a ton of satisfaction from seeing our clients’ surprise at the gains in picking productivity.
A common trend found in the literature of military logistics is the decrying of training and education gaps interspersed within the persuasive arguments for greater military interest in logistics. i] Thorpe saw that efficient logistics was a function of two factors; power and knowledge. By David Beaumont.
MTS Logistics is proud to be a Licensed Customs Broker. In addition, this education can increase the quality of service for individual brokers’ clients and importers in compliance with customs laws and maintain a high standard of professionalism in the customs broker community. In June 2023, U.S. trade laws.
Volga-Dnepr Group together with its strategic partners has gained a comprehensive competence in vaccine transportations to increase confidence among the customers in the air freight services.” ” The post Volga-Dnepr’s Cargo Supermarket Offering Delivers Insulin from Milan to Chicago appeared first on Airfreight Logistics.
You can employ countless number of supply chain service providers who will help realized these cost reductions throughout the entire supply chain. Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions.
If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. Beyond these benefits, when slotting is done correctly, it’s also advantageous from health, safety, and service perspectives. Why Implement Slotting in Your Warehouse?
Logistics In War has been exploring preparedness and logistics in a series of articles over the last three months. The role of logistics in preparedness is self-evident. However, while we know that this is the case, it has been difficult to rationally or accurately state why it is or ‘how much logistics is truly enough?’.
The logistics system, in contrast, was cobbled together from the remnants of twenty-five years of unceasing organisational change. It is difficult avoid feeling that the successful outcome of the International Forces East Timor (INTERFET) operation was achieved despite of logistics organisation and preparedness, not because of it.
Robotic process automation (RPA) leverages innovative softwaretools that can either partially or fully automate human activities to become more efficient and productive. Smart technology based on machine learning and AI chatbots are beneficial for several critical systems and functions within the supply chain.
If your business is currently falling victim to any of the following supply chain mistakes, corrective action will undoubtedly deliver improvements in cost, revenue, customer service and numerous other business performance factors. Inadequate technologytools used to support the process. A Lack of Freight-cost Knowledge.
Through researching the way in which the ADF has prepared and mobilised its logistics capabilities at the strategic level, I have been extremely fortunate to interview a range of senior military officers and public servants. This is often the case with respect to logistics. The strategic basis for capability.
Logistics will undoubtedly feature in the #highintensitywar series, as a major driver of preparedness, combat potential and power, and operational endurance. However, it is also important to the appreciation of high-intensity warfare to look at how the resiliency of logistics lights the way to operational success.
Logistics readiness refers to the ability to undertake, to build up and thereafter to sustain, combat operations at the full combat potential of forces. [1]. Logistics readiness is not just a matter of prioritising Defence resources. I described the interplay between logistics and readiness. By David Beaumont.
Image source: Needpix.com | Top 10 Best Logistics Practices to Ensure the Success of Your E-commerce Business Logistics is a vital component of any e-commerce, covering every aspect of product delivery and storage. Utilize inventory management tools to estimate demand and monitor levels. 3PL Links tells you everything now!
According to Loadstar, with demand from box carriers, BCOs, NVOCCs, and other logistical operators skyrocketing, the global container equipment fleet grew by 14% in 2021 to 50.5 This year’s process to secure service contracts in Trans-Pacific trade will be like no other year. million TEUs. Many allocations for the U.S. and Asia-E.U.
Through anecdotes, insights and the narration of history valuable lessons were given by these leaders with respect to a wide variety of strategic issues in Defence logistics. Although discussed in the context of strategic logistics they are broadly applicable, and many are clearly relevant to effective strategic leadership.
When you want to drive down your logistics and transportation spend, the very first thing that you need is freight and transportation data. With the services of a trusted 3PL and a good transportation management system (TMS), you can glean an abundance of data around activities and practices related to your transportation department.
On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. In procurement, cost analysis is not just about the price of your company’s purchases. 7 Procurement KPIs You Should be Using. Best Regards, Rob O’Byrne.
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