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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.

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What are Reverse Logistics?

Logistics Bureau

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Reverse Logistics Strategy 1: Don’t do it!

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Why Companies Need a Supplier Relationship Management Strategy

GlobalTranz

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. A comprehensive supplier management strategy helps organizations arrange suppliers based on different tiers of importance and reliability. .

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The Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity. For example, confectioner Mars is building deeper relationships with fewer palm oil suppliers to increase their ability to monitor and impact deforestation. But what about the role of planning?

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AI-Powered Inventory Planning for Better Sleep

Logistics Viewpoints

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

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The Circular Supply Chain: A Push for Sustainability

Logistics Viewpoints

For example, Mars is looking at climate action, no poverty, and partnerships as part of its sustainability plans. Skrovan, a circular economy is the transformation from “make, use, dispose” to “make, use, recover, reuse, reclaim.” When the company can no longer reuse an item, it will find a sustainable way to the dispose of them.

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How manufacturers can adopt a sustainable supply chain

SYSPRO Smarter ERP

A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. Extend what is already made – repair and maintain products to maximize their lifetime; implement a return strategy when applicable.