We all are aware that logistics is a part of supply chain management system. Where as logistics entails the forward movement of goods within a supply chain, reverse logistics on the other hand can manage the reverse management of products.
This document discusses reverse logistics and highlights several key points:
1) Reverse logistics is a complex supply chain process that is different than traditional forward logistics due to non-uniform product quality, ambiguous routing, and less transparent visibility.
2) The US reverse logistics market was estimated at $45 billion annually in 2001 across various industry sectors such as transportation equipment and computer/office equipment.
3) Returns can represent a significant percentage (up to 20%) of total sales for some high-tech sectors and involve more transactions than the original sale. However, the costs and value of returns are often hidden within company budgets and processes.
Reverse Logistics To Handle Product Returns PowerPoint Presentation SlidesSlideTeam
This complete deck covers various topics and highlights important concepts. It has PPT slides which cater to your business needs. This complete deck presentation emphasizes Reverse Logistics To Handle Product Returns Powerpoint Presentation Slides and has templates with professional background images and relevant content. This deck consists of total of fourty two slides. Our designers have created customizable templates, keeping your convenience in mind. You can edit the colour, text and font size with ease. Not just this, you can also add or delete the content if needed. Get access to this fully editable complete presentation by clicking the download button below. https://bit.ly/2WJUMg0
The document discusses reverse logistics, which is defined as the process of planning, implementing, and controlling the efficient flow of raw materials, inventory, finished goods, and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. Some key aspects of reverse logistics covered include handling returns, recycling and reuse, and hazardous materials disposition. Several industries that deal significantly with reverse logistics such as publishing, electronics, automotive, and retail are examined. Challenges of reverse logistics and key management elements like avoidance, gatekeeping, compacting disposition cycle time, information systems, zero returns, and remanufacturing are also summarized.
Reverse logistics is for all operations related to the reuse of products and materials. It is "the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal.
Reverse supply chain, an integral part of a supply chain processExtron
The two important aspects of a supply chain are forward supply chain and reverse supply chain. Forward supply chain is something that we know of i.e., the flow of goods and services from manufacturer to wholesaler to retailer.
Reverse logistics involves the movement of goods from their point of use back to the manufacturer for reprocessing, repairs, recycling, or disposal. It has become an important competitive tool as organizations use services like replacing defective goods, refurbishing returned products, and product recalls to add value for customers. Effective reverse logistics requires planning systems for product collection, recycling centers, and documentation to support product tracking throughout the reverse supply chain.
Reverse logistic and reverse supply chainusmanidris5
Reverse logistics involves the set of activities conducted after a product sale to recapture value and end the product's lifecycle. This typically includes returning products to manufacturers for refurbishing, recycling, or other purposes. Common examples are refurbishing damaged items, recycling materials, and returning unsold merchandise. Products are returned for reasons like customer dissatisfaction, defects, obsolescence, or overstock. Managing returns effectively requires strategies like optimizing return processes with data. Benefits of effective reverse logistics include improved customer service, sustainability, and cost reductions.
This document discusses reverse logistics and highlights several key points:
1) Reverse logistics is a complex supply chain process that is different than traditional forward logistics due to non-uniform product quality, ambiguous routing, and less transparent visibility.
2) The US reverse logistics market was estimated at $45 billion annually in 2001 across various industry sectors such as transportation equipment and computer/office equipment.
3) Returns can represent a significant percentage (up to 20%) of total sales for some high-tech sectors and involve more transactions than the original sale. However, the costs and value of returns are often hidden within company budgets and processes.
Reverse Logistics To Handle Product Returns PowerPoint Presentation SlidesSlideTeam
This complete deck covers various topics and highlights important concepts. It has PPT slides which cater to your business needs. This complete deck presentation emphasizes Reverse Logistics To Handle Product Returns Powerpoint Presentation Slides and has templates with professional background images and relevant content. This deck consists of total of fourty two slides. Our designers have created customizable templates, keeping your convenience in mind. You can edit the colour, text and font size with ease. Not just this, you can also add or delete the content if needed. Get access to this fully editable complete presentation by clicking the download button below. https://bit.ly/2WJUMg0
The document discusses reverse logistics, which is defined as the process of planning, implementing, and controlling the efficient flow of raw materials, inventory, finished goods, and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. Some key aspects of reverse logistics covered include handling returns, recycling and reuse, and hazardous materials disposition. Several industries that deal significantly with reverse logistics such as publishing, electronics, automotive, and retail are examined. Challenges of reverse logistics and key management elements like avoidance, gatekeeping, compacting disposition cycle time, information systems, zero returns, and remanufacturing are also summarized.
Reverse logistics is for all operations related to the reuse of products and materials. It is "the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal.
Reverse supply chain, an integral part of a supply chain processExtron
The two important aspects of a supply chain are forward supply chain and reverse supply chain. Forward supply chain is something that we know of i.e., the flow of goods and services from manufacturer to wholesaler to retailer.
Reverse logistics involves the movement of goods from their point of use back to the manufacturer for reprocessing, repairs, recycling, or disposal. It has become an important competitive tool as organizations use services like replacing defective goods, refurbishing returned products, and product recalls to add value for customers. Effective reverse logistics requires planning systems for product collection, recycling centers, and documentation to support product tracking throughout the reverse supply chain.
Reverse logistic and reverse supply chainusmanidris5
Reverse logistics involves the set of activities conducted after a product sale to recapture value and end the product's lifecycle. This typically includes returning products to manufacturers for refurbishing, recycling, or other purposes. Common examples are refurbishing damaged items, recycling materials, and returning unsold merchandise. Products are returned for reasons like customer dissatisfaction, defects, obsolescence, or overstock. Managing returns effectively requires strategies like optimizing return processes with data. Benefits of effective reverse logistics include improved customer service, sustainability, and cost reductions.
Panasonic was facing expensive costs and confusion from product returns arriving without proper paperwork. They implemented a smart solution called RTL ERL from The ECN Group, which is a web-based system to collect and analyze return data. This system allows Panasonic to set return policies online and provides consistent rules for retailers to view. It has simplified the return process and reduced Panasonic's reverse logistics costs by 20% by providing the right return actions and minimizing unnecessary product shipping. The system also improves customer, retailer and manufacturer satisfaction.
Reverse Logistics in Different IndustriesPRIYAJNVCTC
The document provides an overview of reverse logistics from the perspectives of operations and challenges. It discusses key aspects of reverse logistics including typical activities, costs, and impact. It notes that reverse logistics is an emerging industry that presents challenges for operations people due to the many stakeholders involved and lack of standardized processes. Best practices discussed include having one group control returns and defined business processes to improve efficiency. The document also provides examples of Flipkart's reverse logistics network and return process.
This document discusses reverse supply chains, which refers to the movement of goods from customers back to vendors, completing the supply chain loop. It describes the key processes in a reverse supply chain as product acquisition, reverse logistics, inspection/disposition, remanufacturing/refurbishing, and marketing. Examples are given of industries that utilize reverse supply chains like electronics, automotive, and retail. Managing returns can help reduce costs and increase profits. Reverse logistics is becoming increasingly important as a strategic business process.
Case Study: Design Considerations for Manufacturer’s Reverse Logistics Faci...Chainalytics
The document discusses considerations for designing reverse logistics facilities, including determining the optimal supply chain network, analyzing candidate site locations, modeling facility capacity, and designing the facility layout. It provides examples of capacity modeling and facility design concepts. The document also presents two case studies on network rationalization and capacity modeling for distribution center design.
Reverse logistics involves the process of moving products from consumers back to manufacturers for reuse or disposal. It includes managing returned and surplus equipment. Reverse logistics has the potential for cost optimization as it can reduce returns processing costs by 25%, increase productivity by 10%, and increase asset recovery and customer satisfaction. However, traditional logistics providers focus more on forward logistics than complex reverse logistics. Proper reverse logistics encompasses integrated supply chain management and can improve a company's profitability and compliance with e-waste regulations.
The Development Of Closed Loop Supply ChainsWyndham Cramer
Sustainable Supply Chains are discussed frequently and are in vogue at present. This paper published in 2005 provides an insight in to the author\'s futuristic thought process on sustainability specifically the development of closed loop supply chains. A leader who has guided the supply chain of many global multinationals in the South Pacific, this paper was awarded the runner- up prize for the 2005 Logistics Development Award by the Logistics Association of Australia.
The document discusses reverse logistics, which is defined as the process of planning, implementing, and controlling the efficient flow of goods from the point of consumption back to the point of origin. Reverse logistics involves recovering value from returned products and materials. It addresses key questions around alternatives for returned products and who performs reverse logistics activities. Reverse logistics faces challenges due to differences from traditional forward logistics and barriers around priorities and systems.
The document discusses reverse logistics and the transportation of hazardous materials being returned. It defines reverse logistics as the return of purchased goods and examines who receives the returns and why items are returned. The document outlines that transportation of returns is regulated and how the process of reverse logistics works from preparation to transport. It describes COSTHA's role in partnering with the DOT to develop standards and guidelines to enhance safety in transporting hazardous reverse logistics goods.
The document discusses reverse logistics, which is defined as the process of planning and controlling the efficient flow of goods from the point of consumption back to the point of origin. It covers key aspects of reverse logistics including activities, differences from forward logistics, examples in various industries, drivers, strategic uses, costs, and barriers. The main purpose is to explain the concept and importance of reverse logistics.
Reverse logistics involves the process of moving goods from their final destination back to a previous point in the supply chain. It includes returning unwanted products, recycling, refurbishing, and disposal of hazardous waste. Key aspects of reverse logistics include handling returns, refurbishing components for resale, and recycling materials. Challenges include inefficient return processing and unclear disposition of returned goods. Strategies such as gatekeeping and reducing disposition cycle times can help address these challenges and make reverse logistics a competitive advantage.
The document provides an overview of lean logistics and lean thinking. It discusses:
- What lean logistics is and how it aims to eliminate waste in supply chains.
- The key principles of lean thinking such as determining value, identifying process steps, improving flow, and relying on pull from customers.
- Where lean logistics can be applied, including manufacturing, offices, auto mechanics, product design, and hospitals.
- Steps for achieving lean logistics including focusing on total fulfillment cost and collaborating on standard processes.
- A case study where Fujitsu implemented lean practices in its supply chain and achieved a 13% reduction in costs.
The document discusses the major drivers of supply chain performance which include logistical drivers like facilities, inventory, and transportation as well as cross-functional drivers like information, sourcing, and pricing. It then provides details on each of these drivers, including the different types of facilities, approaches to inventory and transportation, how information is used, components of sourcing and pricing decisions. It also mentions some obstacles to achieving strategic fit like increasing product variety, demanding customers, and globalization.
Reverse logistics deals with recapturing value from returned products and materials. The reverse logistics process involves returns, repairs, repackaging for resale, recycling, and disposal. It aims to move goods from their end destination to increase value or ensure proper disposal. Common reverse logistics activities include managing returns, refurbishing products, and recycling or properly disposing of materials. While reverse logistics provides benefits, implementing an effective system faces barriers like lack of awareness, management inattention, financial constraints, lack of personnel resources, and ensuring consistent product quality with returns.
This document provides information about supply chain quality management including forms, tools, and strategies. It discusses key challenges in managing quality across global supply chains and introduces solutions from Bureau Veritas to help mitigate risks, improve transparency, and drive continuous improvement. Quality management tools are also outlined, such as check sheets, control charts, Pareto charts, scatter plots, Ishikawa diagrams, histograms, and more. Additional related topics on quality management are listed for further reference.
The document discusses supply chain best practices and provides an overview of key topics including metrics, inventory velocity, cycle time compression, lean logistics, technology, supplier performance, and segmenting supply chains. It emphasizes that companies should develop multiple, tailored supply chain approaches rather than a one-size-fits-all model in order to improve flexibility, responsiveness, and demand planning. Metrics like inventory turns and reducing cycle times are important for optimizing supply chain performance.
This document discusses key concepts of supply chain management. It defines a supply chain as the network of activities required to deliver goods or services to consumers, including production, inventory, location, transportation, and information. The goal of supply chain management is to increase throughput while reducing inventory and operating expenses. It also discusses how companies can align their supply chain with their business strategy and market.
Reverse logistics involves the process of planning and managing the return of products and materials back through the supply chain for the purposes of capturing value or proper disposal. It includes activities like handling returns, recycling, refurbishing, and hazardous waste disposal. Key challenges for reverse logistics include a lack of information systems to track returns, long disposition cycle times to determine what to do with returned products, and conflicts between retailers and manufacturers over returns. Industries that commonly deal with reverse logistics include publishing, electronics, automotive, and retail.
In this, we will read about the Supply Chain Management in Healthcare
The following contents will be described briefly:-
1. What is a supply chain?
2. The process of Views of Supply Chain
3. Objectives of Supply Chain Management
4. Supply Chain Decisions
5. Benefits of Supply Chain
6. Integrated Health Supply Chains
7. New Trends In Healthcare Supply Chain
8. Potential Risks to an Organization and Supply Chain
9. Strategies to Improve Healthcare Supply Chain Management
The five components of supply chain management are planning, sourcing/developing, making, delivering, and returning. Planning involves developing strategies to satisfy customer demands profitably. Sourcing involves selecting reliable suppliers and establishing pricing, delivery, and payment processes. Making refers to manufacturing products according to customer demands. Delivering involves logistics to ship products to customers. Returning addresses dealing with defective or damaged goods returned by customers.
The document discusses reverse logistics and how it can be interconnected with e-commerce. It defines reverse logistics and outlines some of the key challenges currently facing it. Trends in reverse logistics include selling returned goods through outlets, secondary markets, refurbishing, donating to charity, recycling, and auctions. E-commerce can help facilitate reverse logistics by creating a platform to improve communication and data exchange across the supply chain. This allows for better decision making and customer service related to returns.
Panasonic was facing expensive costs and confusion from product returns arriving without proper paperwork. They implemented a smart solution called RTL ERL from The ECN Group, which is a web-based system to collect and analyze return data. This system allows Panasonic to set return policies online and provides consistent rules for retailers to view. It has simplified the return process and reduced Panasonic's reverse logistics costs by 20% by providing the right return actions and minimizing unnecessary product shipping. The system also improves customer, retailer and manufacturer satisfaction.
Reverse Logistics in Different IndustriesPRIYAJNVCTC
The document provides an overview of reverse logistics from the perspectives of operations and challenges. It discusses key aspects of reverse logistics including typical activities, costs, and impact. It notes that reverse logistics is an emerging industry that presents challenges for operations people due to the many stakeholders involved and lack of standardized processes. Best practices discussed include having one group control returns and defined business processes to improve efficiency. The document also provides examples of Flipkart's reverse logistics network and return process.
This document discusses reverse supply chains, which refers to the movement of goods from customers back to vendors, completing the supply chain loop. It describes the key processes in a reverse supply chain as product acquisition, reverse logistics, inspection/disposition, remanufacturing/refurbishing, and marketing. Examples are given of industries that utilize reverse supply chains like electronics, automotive, and retail. Managing returns can help reduce costs and increase profits. Reverse logistics is becoming increasingly important as a strategic business process.
Case Study: Design Considerations for Manufacturer’s Reverse Logistics Faci...Chainalytics
The document discusses considerations for designing reverse logistics facilities, including determining the optimal supply chain network, analyzing candidate site locations, modeling facility capacity, and designing the facility layout. It provides examples of capacity modeling and facility design concepts. The document also presents two case studies on network rationalization and capacity modeling for distribution center design.
Reverse logistics involves the process of moving products from consumers back to manufacturers for reuse or disposal. It includes managing returned and surplus equipment. Reverse logistics has the potential for cost optimization as it can reduce returns processing costs by 25%, increase productivity by 10%, and increase asset recovery and customer satisfaction. However, traditional logistics providers focus more on forward logistics than complex reverse logistics. Proper reverse logistics encompasses integrated supply chain management and can improve a company's profitability and compliance with e-waste regulations.
The Development Of Closed Loop Supply ChainsWyndham Cramer
Sustainable Supply Chains are discussed frequently and are in vogue at present. This paper published in 2005 provides an insight in to the author\'s futuristic thought process on sustainability specifically the development of closed loop supply chains. A leader who has guided the supply chain of many global multinationals in the South Pacific, this paper was awarded the runner- up prize for the 2005 Logistics Development Award by the Logistics Association of Australia.
The document discusses reverse logistics, which is defined as the process of planning, implementing, and controlling the efficient flow of goods from the point of consumption back to the point of origin. Reverse logistics involves recovering value from returned products and materials. It addresses key questions around alternatives for returned products and who performs reverse logistics activities. Reverse logistics faces challenges due to differences from traditional forward logistics and barriers around priorities and systems.
The document discusses reverse logistics and the transportation of hazardous materials being returned. It defines reverse logistics as the return of purchased goods and examines who receives the returns and why items are returned. The document outlines that transportation of returns is regulated and how the process of reverse logistics works from preparation to transport. It describes COSTHA's role in partnering with the DOT to develop standards and guidelines to enhance safety in transporting hazardous reverse logistics goods.
The document discusses reverse logistics, which is defined as the process of planning and controlling the efficient flow of goods from the point of consumption back to the point of origin. It covers key aspects of reverse logistics including activities, differences from forward logistics, examples in various industries, drivers, strategic uses, costs, and barriers. The main purpose is to explain the concept and importance of reverse logistics.
Reverse logistics involves the process of moving goods from their final destination back to a previous point in the supply chain. It includes returning unwanted products, recycling, refurbishing, and disposal of hazardous waste. Key aspects of reverse logistics include handling returns, refurbishing components for resale, and recycling materials. Challenges include inefficient return processing and unclear disposition of returned goods. Strategies such as gatekeeping and reducing disposition cycle times can help address these challenges and make reverse logistics a competitive advantage.
The document provides an overview of lean logistics and lean thinking. It discusses:
- What lean logistics is and how it aims to eliminate waste in supply chains.
- The key principles of lean thinking such as determining value, identifying process steps, improving flow, and relying on pull from customers.
- Where lean logistics can be applied, including manufacturing, offices, auto mechanics, product design, and hospitals.
- Steps for achieving lean logistics including focusing on total fulfillment cost and collaborating on standard processes.
- A case study where Fujitsu implemented lean practices in its supply chain and achieved a 13% reduction in costs.
The document discusses the major drivers of supply chain performance which include logistical drivers like facilities, inventory, and transportation as well as cross-functional drivers like information, sourcing, and pricing. It then provides details on each of these drivers, including the different types of facilities, approaches to inventory and transportation, how information is used, components of sourcing and pricing decisions. It also mentions some obstacles to achieving strategic fit like increasing product variety, demanding customers, and globalization.
Reverse logistics deals with recapturing value from returned products and materials. The reverse logistics process involves returns, repairs, repackaging for resale, recycling, and disposal. It aims to move goods from their end destination to increase value or ensure proper disposal. Common reverse logistics activities include managing returns, refurbishing products, and recycling or properly disposing of materials. While reverse logistics provides benefits, implementing an effective system faces barriers like lack of awareness, management inattention, financial constraints, lack of personnel resources, and ensuring consistent product quality with returns.
This document provides information about supply chain quality management including forms, tools, and strategies. It discusses key challenges in managing quality across global supply chains and introduces solutions from Bureau Veritas to help mitigate risks, improve transparency, and drive continuous improvement. Quality management tools are also outlined, such as check sheets, control charts, Pareto charts, scatter plots, Ishikawa diagrams, histograms, and more. Additional related topics on quality management are listed for further reference.
The document discusses supply chain best practices and provides an overview of key topics including metrics, inventory velocity, cycle time compression, lean logistics, technology, supplier performance, and segmenting supply chains. It emphasizes that companies should develop multiple, tailored supply chain approaches rather than a one-size-fits-all model in order to improve flexibility, responsiveness, and demand planning. Metrics like inventory turns and reducing cycle times are important for optimizing supply chain performance.
This document discusses key concepts of supply chain management. It defines a supply chain as the network of activities required to deliver goods or services to consumers, including production, inventory, location, transportation, and information. The goal of supply chain management is to increase throughput while reducing inventory and operating expenses. It also discusses how companies can align their supply chain with their business strategy and market.
Reverse logistics involves the process of planning and managing the return of products and materials back through the supply chain for the purposes of capturing value or proper disposal. It includes activities like handling returns, recycling, refurbishing, and hazardous waste disposal. Key challenges for reverse logistics include a lack of information systems to track returns, long disposition cycle times to determine what to do with returned products, and conflicts between retailers and manufacturers over returns. Industries that commonly deal with reverse logistics include publishing, electronics, automotive, and retail.
In this, we will read about the Supply Chain Management in Healthcare
The following contents will be described briefly:-
1. What is a supply chain?
2. The process of Views of Supply Chain
3. Objectives of Supply Chain Management
4. Supply Chain Decisions
5. Benefits of Supply Chain
6. Integrated Health Supply Chains
7. New Trends In Healthcare Supply Chain
8. Potential Risks to an Organization and Supply Chain
9. Strategies to Improve Healthcare Supply Chain Management
The five components of supply chain management are planning, sourcing/developing, making, delivering, and returning. Planning involves developing strategies to satisfy customer demands profitably. Sourcing involves selecting reliable suppliers and establishing pricing, delivery, and payment processes. Making refers to manufacturing products according to customer demands. Delivering involves logistics to ship products to customers. Returning addresses dealing with defective or damaged goods returned by customers.
The document discusses reverse logistics and how it can be interconnected with e-commerce. It defines reverse logistics and outlines some of the key challenges currently facing it. Trends in reverse logistics include selling returned goods through outlets, secondary markets, refurbishing, donating to charity, recycling, and auctions. E-commerce can help facilitate reverse logistics by creating a platform to improve communication and data exchange across the supply chain. This allows for better decision making and customer service related to returns.
Highly effective supply chain firms use reverse logistics, a crucial component of supply chain management, to carry out activities effectively and boost value for their clients. Supply chain experts can use their knowledge of reverse logistics to assist reduce costs and maintain efficient operations by taking the time to learn about the many forms of reverse logistics and the difficulties associated with coordination and management.
This document discusses reverse logistics and related concepts. It defines reverse logistics as the process of bringing products back, normally at the end of their life, and moving them back through the supply chain. It notes benefits like reduced costs, faster service, and customer retention. The 5R's of reverse logistics are discussed as returns and exchanges, reselling, repair, recalls, and recycling. Other concepts covered include e-logistics, logistics outsourcing, and global logistics.
certified international logistics professional sample-materialVskills
The international logistics sample material cover the below topics.
Introduction
Concept of Logistics
Objectives of Logistics Management
General Structure and Elements of Logistics
Forms of Logistics Management
Costs in Logistics
Understanding Development of International Logistics
Chain of International Trade Logistics
Functions of International Logistics (Inbound and Outbound Functions)
Logistics Trade Requirement
P’s and R’s of Logistics Management
Logistics Management in Export Business
International Commercial Terms
Documentation for Export
Get the complete material and assessment exam on the below link.
http://www.vskills.in/certification/Logistics-and-Supply-Chain-Management/Certified-International-Logistics-Management-Professional
This document appears to be a dissertation submitted for a Master's degree that examines risk in reverse logistics. It includes declarations by the student and faculty supervisor. The introduction provides an overview of reverse logistics and outlines the research questions and significance of the study. The literature review discusses concepts of supply chain management and reverse logistics, including the scope and processes involved in reverse logistics. It also examines some of the challenges of reverse logistics, such as costs and network structures, and the potential financial impacts on supply chain performance.
A supply chain is a network of facilities and distribution options that procures materials, transforms them into products, and distributes finished products to customers. Supply chain management involves strategically coordinating the key functions of marketing, distribution, planning, manufacturing, and purchasing. There are strategic decisions around location of facilities, production planning, inventory management, and transportation/distribution. Operational decisions then focus on efficiently executing daily product flow based on the strategic plan. Effective supply chain coordination is important for reducing costs and meeting customer needs.
Reverse logistics is the process of moving goods back through the supply chain for reuse, recycling, or disposal. It includes returning surplus, damaged, expired, or recalled products from customers back to manufacturers or distributors. Efficient reverse logistics is important for companies to manage returns and meet legal obligations for disposal. Common reverse logistics activities include refurbishing, remanufacturing, recycling, and proper disposal of waste.
This document discusses supply chain management in the hospitality industry. It defines supply chain management and explains its importance for the hotel industry. It describes supply chain network design and the different planning levels - strategic, tactical, and operational. It also discusses how the supply chain works through planning, sourcing, manufacturing, delivery and logistics, and returning. It mentions how enterprise resource planning (ERP) systems and e-commerce have impacted supply chains. Finally, it discusses warranty management and key aspects like the service parts management team, warranty database, and parts procurement/logistics.
Logistics is defined as planning, implementing, and controlling the flow of materials and finished goods from origin to point of use to meet customer needs profitably. It is an integrative process that optimizes material flow through an organization's operations to customers. Logistics recognizes that all material movement activities across business processes are interdependent and need close coordination as a system rather than separate functional silos. Effective transportation systems play a critical role in logistics by facilitating the physical movement of goods in the supply chain.
The document discusses logistics and supply chain management. It defines logistics and key concepts. Logistics involves planning and controlling the flow of goods and services. The goals of logistics systems are to ensure the right products are delivered to customers in the right quantities, at the right locations and times, in usable condition, and at the lowest total cost. Elements of logistics systems include transportation, warehousing, inventory management, packaging, and information systems.
The future solution from SAP under Connected Hydrocarbon Logistics (CHL) solution for Oil and Gas companies would seamlessly integrate with demand plan, inventory plan, trade execution and supply chain logistics. The solution would incorporate the advanced SAP HANA features along with better user experience.
Applications of Technology in Reverse Supply Chain.pptxviolintech
Technology in Reverse logisticssupply chain is given significant dedication by creating a new system that includes analytics, RMA, reporting, and much more. For more details please visit https://www.violintec.com/supply-chain/application-of-technology-in-reverse-supply-chain/
Applications of Technology in Reverse Supply Chain.pdfviolintech
Technology in Reverse logistics supply chain is given significant dedication by creating a new system that includes analytics, RMA, reporting, and much more. For more details please visit https://www.violintec.com/supply-chain/application-of-technology-in-reverse-supply-chain/
Applications of Technology in Reverse Supply Chain.pptxviolintech
Reverse logistics is a form of supply chain management that involves sending products that customers have purchased back to retailers or producers. For more details visit please https://www.violintec.com/supply-chain/5-top-strategies-for-managing-reverse-logistics/
Logistics and Transportation Part 13.pptxSheldon Byron
The document contains important dates for assignments and exams. The midterm is scheduled for February 15th, 2024 and the final exam is February 27th, 2024. There are also assignments due on February 13th and 22nd, 2024.
Logistics and Transportation Part 12.pptxSheldon Byron
The document contains important dates for assignments and exams. The midterm is scheduled for February 15th, 2024 and the final exam is February 27th, 2024. There are also assignments due on February 13th and 22nd, 2024.
Vskills certified logistics and supply chain management reading materialVskills
The Vskills Certification Logistics and Supply chain management sample material covers the following concepts.
I. Introduction to Logistics
I.1 Interface between Logistics Manufacturing
I.2 Logistics: Manufacturing issues in Customer Service.
I.3 Production scheduling
I.4 Interface between Logistics Marketing
http://www.vskills.in/certification/Logistics-and-Supply-Chain-Management/Certified-Logistics-and-Supply-Chain-Professional
Sundar C is a student studying Logistics Management at Ayyanar Janaki Ammal College. The document defines supply chain as the system involved in supplying a product or service to a consumer, from sourcing raw materials to delivering the finished product. Logistics management is defined as planning, implementing, and controlling the efficient flow of goods, services and information from origin to consumption. The key differences between logistics and supply chain management are that logistics focuses on efficiency within a department, while supply chain management aims for competitive advantage across multiple organizations and departments.
Similar to Functions of reverse logistics systems (20)
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The Genesis of BriansClub.cm Famous Dark WEb PlatformSabaaSudozai
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
Structural Design Process: Step-by-Step Guide for BuildingsChandresh Chudasama
The structural design process is explained: Follow our step-by-step guide to understand building design intricacies and ensure structural integrity. Learn how to build wonderful buildings with the help of our detailed information. Learn how to create structures with durability and reliability and also gain insights on ways of managing structures.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
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Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
1. Functions of Reverse Logistics Systems
We all are aware that logistics is a part of supply chain management system. Where as logistics entails the forward
movement of goods within a supply chain, reverse logistics on the other hand can manage the reverse management of
products. In other terms, it refers to returns management within supply chain function. Reverse flow is an essential as
the forward movement of the supply chain. By estimating a consumer supply chain process flow, you can arrive at the
conclusion that reverse flows are crucial within a supply in order to recover the product expense comprehensively.
Reverse logistics also takes into consideration the moving of goods from one point to the other. The difference likes in
the fact that it shifts from the point of consumption to the point of origin. The process of Reverse Logistics is defined as
“The process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process
inventory, finished goods and related information from the point of consumption to the point of origin for the purpose
of recapturing value or proper disposal” by the Reverse Logistics Executive Council.
The two essential aspects of the retail industry today are retail distribution and retail packaging. Keeping this in mind
efficient revere logistics solutions enables the retailers to remarket comprehensive systems, attain full or partial
recycling, and modifying the old assets into valuable investments. Today eminent service providers of reverse logistics
offer a complete package in logistics solutions that are customized to cater to the modern day requirements. With these
solutions you are able to spot outdated revisions and constituents instantly, save the expense of warehousing stock that
is decayed and remain compliant.
Innovative integrate reverse logistics management system efficiently renovates a wide selection of goods within a less
time and gets them back into operation, after being tested according to certain standards. Reverse logistics services
offered by popular service providers include the following:-
RMA Support
Warranty Returns
Lease Returns
Refurbishment
Test and Debug
Repackaging
Fulfillment Solutions
Disposal (remarketing, recycling)
Web Based Inquiry and Reporting
Finally, reverse logistics helps us product recycling to be able to recapture the value of the product and its disposal. All
returns are not required to be financial write offs. Some can be renovated, modified and resold. In some situations, a
part of the good too can be remanufactured or recycled. This apart, reverse logistics also plays an integral part in some
enterprises in asset disposition to safeguard the environment and recover the information from IT hardware for averting
data thefts.