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Understanding Reverse Logistics: Turning Challenges into Opportunities

Log-hub

One crucial yet often overlooked aspect of the supply chain is reverse logistics. Lets explore what reverse logistics entails, why its important, and how businesses can optimize it. What is Reverse Logistics? At its core, reverse logistics deals with the flow of products moving backwards in the supply chain.

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Schneider Electric’s Supply Chain Design Journey

Logistics Viewpoints

One essential tool used by the supply chain team is supply chain design. One key tool they use to accomplish this is a supply chain design solution from Coupa. As Schneider Electric matured with the network design tool, they also found they could drive savings through shipment consolidation.

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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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CTSI-Global’s Role in Transportation Management Technology

Logistics Viewpoints

Companies can use the TMS independently or opt for managed transportation services, which include operational oversight of inbound control tower tracking and reverse logistics. These tools enhance transportation management by improving forecasting, optimizing logistics processes, and providing greater supply chain visibility.

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Circular Supply Chains: Reducing Waste & Maximizing Resources

Log-hub

From remanufactured electronics to reverse logistics strategies that give products a second life, leading companies are proving that sustainability isnt just good for the planet its also good for business. This process is gaining momentum, with the global reverse logistics market valued at approximately $731.30

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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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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. .