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The blog reports on recent changes to policies, best practices in supply chain management, whitepapers detailing procurement through reverselogistics and much more. Logistics Viewpoints. Supply Chain Brain adds to the supply chain management and logistics conversation with warehousing, technology, and retail topics.
It’s about assessing the costs your suppliers incur when delivering to your business, which can significantly impact your strategy, pricing, and overall efficiency. In this video, we’ll explore why this concept matters and how it can create win-win supplier relationships. Watch the video below! And why is that important to know?
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.
Ecommerce bands, even those with amazing reverselogistics operations in place, feel the negative impact of returns. The best 3PLs, like ShipMonk, take care of the reverselogistics side of things, which helps limit the fallout of these situations. Supplemental materials may also help, like a size chart or video.
For example, if speedy delivery is a part of your service strategy (which is often the case in today’s on-demand environment), you will either need to locate your warehouses close to customers, or close to the facilities of your preferred carriers. Your distribution strategy too, will have a bearing on network optimisation.
as a result, modern supply chain entities must be willing to transition to a circular supply chain, which includes the entire reverselogistics process , in order to continue to grow and become sustainable in a future without an unlimited supply of resources.
One of the most surprising parts of the episode showed a warehouse worker using a voice-automated picking system (see video below), and the worker would then scan the product with a scanner on the tip of his finger. Think back to 2012 when Sam Taylor, CEO of Oriental Trading Company , went undercover in his own company.
This is never more so true than the hilarious current commercial video series by General Electric about a young man recently out of college who says he got a job at GE, a long time American manufacturing company, as a software developer. They will also work to provide updates and fixes to products almost immediately.
For example, the process of item repair and reverselogistics could be made much simpler. On the other hand, augmented reality could be applied to a video stream from the consumer of a current product's condition.
As a result, augmented reality must cross the boundary between manufacturers and logistics providers, which will streamline the manufacturing and shipping processes around the globe. While the logistics and manufacturing industry focused on maximizing efficiency, the shipping world sought to increase efficiency as well.
Read Also: The History, Evolution and Future of ReverseLogistics 2. Mix it up with omnichannel Omnichannel retailing , the strategy that integrates all shopping channels like online or in-store isn’t just a buzzword—it’s a cost-saving revolution for retail businesses.
Greg Aimi is a Senior Director Analyst with 14 years of experience at Gartner and more than 34 cumulative years of experience in the supply chain and logistics field. His works commonly include an analysis of global logistics trends, distribution strategies, best practices, logistics outsourcing, integrating systems and more.
Reverselogistics could be the business equivalent to the passage of time and life for nature. And at the end, check out a nice infographic speaking more to reverselogisticsstrategies and practices. ReverseLogistics allows businesses to recoup a portion of the original purchase price of this equipment.
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