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Simply defined, reverse logistics generally refers to the process of managing the flow of goods, products, or materials from the customer back to the seller or manufacturer. In a manufacturing plant, reverse logistics performance is tied to the money or materials that can be recovered cost-effectively from the returned product.
It is no secret that many companies are utilizing such strategies as they seek to find new and better ways to “go more green.” It can save you and your consumers money. The 3 R’s (reduce, reuse, recycle) = good karma. Of course, eco-friendly packaging is the best kind of packaging for our earth. It’s a Win-Win.
Driven by strong organic growth and a strategy of acquisitions to better meet market needs, the RAJA Group has become a key player in the field of business supplies and equipment. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.
RTITB has released updated training materials to help improve rider-operated Pivot Steer truck safety through high-quality training. The new Pivot Steer training materials have been designed to give qualified Instructors and Trainers everything they need to deliver high quality, standardised training. A practical test is also required.
Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?
It’s going to be a busy few months on the exhibition circuit for Irish materials handling specialist Combilift. More information on these new developments will be released in due course. 9B45 The post 25 Years of Materials Handling Innovation appeared first on Logistics Business® Magazine. ProMAT: Booth # N6936.
Toyota Material Handling UK has helped the award-winning premium snack producer, Burts Snacks, to reduce intralogistics costs and achieve significant handling efficiency gains across its business. The post Snack producer reduces forklift fleet size appeared first on Logistics Business® Magazine.
Single people mark the occasion by spoiling and treating themselves to gifts and presents, but it wasn’t until Chinese eCommerce giant Alibaba chose the date to offer heavily discounted merchandise on its platform for 24 hours, starting at midnight on the 11th November, 2009, that Singles’ Day became a major commercial event.
The Aschaffenburg, Germany-based intralogistics specialist Linde Material Handling (Linde MH) has released its sustainability report for 2020. Sustainability is firmly anchored in the company’s corporate strategy. Linde Material Handling’s principles relating to supplier behaviour are becoming increasingly important. for 2021.
For this reason, KPIs are essential for any business improvement strategy. Of course, the big challenge in this type of external benchmarking is obtaining the necessary data, since many companies are wary of sharing performance data with potential competitors. Remember what the K stands for! Do they directly support those objectives?
Businesses cannot unlock the full potential of digital without reinventing their supply chain strategy. For digital technology to create significant improvement in business outcomes, businesses need to: Reinvent their supply chain strategy. Develop digital strategies that allow you to proactively evolve ahead of the competition.
This enables our customers in this important area to further increase productivity while improving hygiene in their material flow.” As part of this growth strategy, for example, new plants were recently commissioned in the Heilbronn/Heidelberg, Germany, area and in Georgia, United States. “As
Manufacturers must think about new ways to reduce overhead and eliminate downtime in their factories, such as creating proactive maintenance plans and better allocation of resources. This also helps to reduce overhead costs for these respective companies and encourages millennials to become a part of the manufacturing industry. .
The difficulty of material procurement had grown into a global challenge over the last two years, impacting the daily business at Righi Elettroservizi, which determined it needed to develop a quick response to the changed supply chain environment to remain on course with its growth strategy.
Plus, the very nature of the materials used in cold storage, means it presents a higher risk factor when it comes to fire. Of course, the issues are further compounded by the fact that modern technology now means that an increased number of warehouses are automated almost 24 hours a day, meaning very few or no personnel are on site.
That means just 119 in every 10,000 homes were for sale, much lower than the historical average of 2.5%, according to HousingWire Magazine. Many of these supply-side challenges facing builders existed prior to the pandemic but have worsened considerably over the course of the pandemic,” he adds. Fewer Homes on the Market.
Calor has been awarded Supplier of the Year at the UK Material Handling Association (UKMHA) Awards for Excellence – The Archies. The Archie was awarded to Calor for delivering the highest quality of services and products over the course of the year, as voted for by the UKMHA’s members.
Toyota Material Handling has announced that its top selling Tonero range of counterbalanced forklift trucks is now offered with newly-developed Stage V compliant diesel and LPG engines. The cost savings are particularly impressive when calculated over a truck’s lifetime.
For your birthday, perhaps, or for Christmas, a complete surprise, or a purchase you had saved up for and keenly anticipated, writes Jo Bradley, Business Development Manager for packaging solutions at Quadient. Now, of course, parcels are a daily occurrence, and our attitude towards packaging is somewhat different – more enlightened.
The move was accompanied by new investment by the firm, which included three new forklift trucks from Hyundai Material Handling – two 15BT-9s and one 70D-9. Hyundai Material Handling ticked all the boxes and more and she purchased two 15BT-9s and a 70D-9 for the business. t, and able to handle loads of 1.5
Of course, with global energy prices soaring, the commercial incentive for operating in an environmentally conscious way has never been greater. The post ‘Business as usual’ is no longer an option appeared first on Logistics Business® Magazine. IMHX 2022 takes place from 6 – 8 September at the NEC, Birmingham.
In the course of a collaboration dating back over 20 years, this full-service pharmaceutical supplier has equipped all its distribution warehouses with high-performance technology from SSI Schaefer. The system then performs fully automated picking, accelerating processing and accommodating the zero-defect strategy.
Simply put, circularity is about the 5Rs: Reduce, Repair, Resell, Refurbish and Recycle,” says Katja Busch, Chief Commercial Officer at DHL. Especially when it comes to optimizing production volumes and materials, extending product lifecycles, launching novel use models, or developing new solutions for end-of-life recycling.”.
Of course for many retailers the golden quarter isn’t a single event. Not to mention the rising price of packaging materials. As importantly, though, automated packing makes best use of two other scarce and costly resources – delivery drivers, and packaging materials.
Automated fit-to-size packaging systems not only offer the efficiencies of high volume throughput, low labour content, improved material use and better transport efficiency that 3PLs and their clients demand, but critically, they also provide the essential flexibility that will future-proof the investment.
Any logistics services provider or online fulfilment company that is perceived to be merely paying lip service to ‘green’ issues or is inactive when it comes to corporate sustainability strategy, not only risks seriously undermining its own brand and reputation – but also those of its clients. But environmentalism isn’t the whole story.
With this step, the industrial truck manufacturer wants to set the course for the upcoming generational change in good time. Budweit has been with Clark Europe since 2012 and can look back on more than 30 years of national and international experience in the field of material handling.
Together with TICO, viastore will continue to actively pursue its growth strategy. In recent years, the company has embarked on a successful growth course and, as one of the few companies in the industry worldwide, has consistently relied on software services as an elementary part of its business model.
With the acquisition of Opheo Solutions GmbH, Solvares Group is expanding its portfolio to include solutions for truck dispatching and route optimisation in the transport sector and is continuing its course of strategic growth. Solvares says SaaS-based software provider Opheo is an ideal fit for its strategic course.
This of course includes Europe and the UK, where the number of companies understanding the productive power and cost efficiency of these platforms is ramping up. Labour cost savings and efficiency improvements are clearly demonstrated at a client that is one of the world’s largest security product manufacturers.
In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. billion by 2018 to grow these relationships.
With current events in mind, managing future supply chain disruptions will be an integral component of corporate strategy. How then to build a strategy? Like any other strategy, the process seems logical: review, assess, and mitigate. Lastly, consider materials. Risk Assessment. Next and where possible: test run!
Our new forklift is able to lift this capacity with ease and we will use it instead of getting a crane in, which of course, saves us money. The post Hyundai Material Handling ‘Paint it Black’ for Oil & Gas Specialist appeared first on Logistics Business® Magazine.
Thus, the user can both considerably reduce the maintenance costs and make the spare parts handling more transparent. An approach to sustainably reduce greenhouse gas emissions and production costs is to increase the use of alternative fuels. Fluid materials like waste oil or solvents for example are used instead of coal and gas.
When rolled out across Lineage’s fleet in the UK, Michelin tyres will help to reduce emissions, whilst the projected longer tyre life will cut raw material usage and create less waste, something which is important for the business.
With typical VNA – very narrow aisle – applications aisle widths can be reduced to between 1,600 and 1,800mm, which allow e-Fulfilment customer orders to be picked at ground level shelves and locations. This often means that the space savings achieved by reducing the aisle widths can be lost.
Industrial floor electrification for dynamic wireless charging reduces or fully eliminates charging breaks of forklifts , AVGs and AMRs. Currently, each vehicle has to be charged for at least two to three hours over the course of 24 hours. IFOY Test Verdict. The system is suitable for dynamic and static charging. IFOY INNOVATION CHECK.
Combining an array of online and onsite sessions, guided tours of manufacturing centers, and exhibits, manufacturers are able to bring the number of participants in Manufacturing Day 2015 activities to more than 400,000, explains Modern Materials Handling magazine. Manufacturers, Trade Schools, and Congress Step in to Help.
Direct-to-Consumer (DTC) is a type of business-to-consumer retail sales strategy where a business will market, sell and ship a product directly to the customer, writes Will Lovatt, General Manager and Vice President, Deposco Europe. The post Fulfilment technology is key to DTC success appeared first on Logistics Business® Magazine.
Up to 50 percent of shippers opt to work with an outside vendor for parcel shipment auditing, reports Parcel Magazine. As a result, delays are reduced, and the level of customer service increases. Of course, exceptions and corrections should also be tracked in tandem. Quarterly KPI Reports Reduce “Bookkeeping” Work.
He explains why increased use of automation and digital technologies is essential and talks about how he saw the industry developing over the course of 2023, particularly in terms of the way in which e-commerce affects the material handling and logistics business.
Crucially, for users of The Pallet LOOP, the information will also prove invaluable – revealing fascinating insights about the financial and carbon savings they are achieving. The system also provides information about the amount of carbon saved and trees repurposed, which can be used in sustainability reporting.
the raw materials, goods and services that FTSE 100 companies use). Those businesses that have started their journey are mainly focusing on reducing their Scope 3 emissions through embedding sustainability measures into their sourcing processes and working directly with key suppliers to reduce emissions throughout the value chain.
Barenbrug UK , the Bury St Edmunds grass-breeding company with a customer base that ranges from dairy farmers and local authorities to Premier League football clubs and Ryder Cup golf courses, produces up to 4,500 tonnes of seed every year.
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