Remove Course Remove Material Savings Remove Strategy
article thumbnail

4 Important Benefits of a Sustainable Reverse Logistics Strategy

GlobalTranz

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes.

article thumbnail

MIT Center for Transportation and Logistics with Chris Caplice

The Logistics of Logistics

CTL offers a range of educational programs, including a master’s program in supply chain management, executive education courses, and online courses, all of which focus on preparing students for careers in the transportation and logistics industry.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Qualcomm’s Answer to the Chip Shortage and Digital Transformation Strategy

Logistics Viewpoints

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. Qualcomm also faced a raw material shortage.

article thumbnail

Nibbling at the Edges: Toyota Material Handling's Plan for IoT Success

Material Handling and Logistics

The world's largest forklift producer is following a course that will eventually create a full-scale digital revolution for the company. Along the way, it has defined a workable IoT strategy that can get any manufacturer moving.

article thumbnail

What are Reverse Logistics?

Logistics Bureau

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.

article thumbnail

The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency.

article thumbnail

Retail Supply Chain Management: A Guide

Logistics Bureau

So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. Retail supply chain management is the process of planning, executing and controlling the flow of goods, services and information from raw materials to end customers.