...expand in diversity when they made the decision to include third-party logistics services. All of Genco’s expansions eventually spurred their entrance into a major new service area that is known today as reverse logistics. They developed software and expanded its services to help companies manage and maximize the value of their returned products. Reverse logistics deals with reusing, repairing, and recycling products to satisfy organizational goals. The origins of reverse logistics began in such ways as patching clothes to make them last longer or placing kitchen scraps in a compost bin. The goal is to process goods that are moving up the reverse supply chain in a manner that creates new uses, or safe disposal, while retaining as much value as possible. Formally, it is the process of receiving returned goods or goods that have reached their useful life and attempting to recapture value or properly disposing of them. It includes the handling of product recalls, end-of-life returns, and seasonal returns and parts so that they do not simply get dumped into a landfill. After products move through the reverse logistics system, they can eventually be returned to stock, returned to the original manufacturer, sold in a secondary market, or repaired and reshipped to the original customer. Returns have become an increasingly important consideration for retailers, demanding that they either come up with a reverse logistics system or buy it from somewhere else. Today, it is essential for...
Words: 541 - Pages: 3
...SUSTAINABILITY SUSTAINABILITY Role of reverse logistics and closed-loop supply chain in sustainability Implementation Manufacturing Strategy | AbstractIn this interim report, motive for doing this topic has been discussed and further, the methodology which will be used to reach the conclusion is also been mentioned. Finally, expected takeaway are also been highlighted. Kuldeep Jain - 1401083 Term Paper – Interim Report | Role of reverse logistics and closed-loop supply chain in sustainability Implementation Manufacturing Strategy | AbstractIn this interim report, motive for doing this topic has been discussed and further, the methodology which will be used to reach the conclusion is also been mentioned. Finally, expected takeaway are also been highlighted. Kuldeep Jain - 1401083 Term Paper – Interim Report | Contents Objective 1 Why this topic? 2 Introduction 2 Methodology & Scope 3 Literature review 3 Expected Takeaway(s) 4 References 5 Objective The objective of this term paper is to understand the role of reverse logistics and closed loop supply chain in sustainability implementation by means of literature study and secondary research. Why this topic? In today’s cut throat competition, organizations are focusing more on customer satisfaction to remain competitive in the market. It is very important to look at reverse logistics as a new strategy rather than expenses. Today, organizations are investing more in developing there reverse...
Words: 998 - Pages: 4
...Reverse Logistics in Indian Automobile Industry Reverse Logistics is a process in which a product moves in reverse through the supply chain network. It may be used for the purpose of recapturing value of a final product or for even proper disposal. It may also be termed – service, as the process of planning, implementing and controlling the efficient and cost effective transfer of raw materials, in-process inventory, finished products and related information, from consumption to the point of origin, for the purpose of recapturing value of proper disposal. While the primary sectors involved in making use of this process may be classified as the Pharmaceutical Sector, Retail sector, Automobile sector and the Electronics sector, we are mainly about to focus all our attention to the practices of ‘Reverse Logistics’ in the Indian Automobile Industry. To truly know why the whole idea of ‘Reverse Logistics’ assumes significance when considered in terms of the Automobile Industry, first we need to think of the nature of the final product i.e. Automobiles or Vehicles as we call them. The parameter one needs to look at is the life cycle of the product and what happens to the final product once it reaches the end of its useful life. By its very nature, it’s difficult to predict the life cycle of the final product. This is because; it is highly susceptible to the nuances of the human subjectivities. But even if we are unable to predict the duration of the life cycle, we have definitely...
Words: 1394 - Pages: 6
...Market Research On Fashion & Sustainability Submitted by Ishita Bhatia Under the supervision of Jagriti Mishra Submitted to Department of Fashion Management Studies (FMS) National Institute of Fashion Technology (NIFT) (Ministry of Textiles, Govt. of India) GH-0 Road, Behind Infocity Gandhinagar 382007. Gujarat http://www.nift.ac.in December, 2013 Fashion & Sustainability BackGround Myth: Sustainable Fashion is just wearing natural, organic or green fashion. Truth: Sustainable Fashion is about being * Eco friendly * Socially-Responsible * Commercially feasible * Animal-Cruelty Free Sustainability and responsibility are two sides of one and the same coin. Today Apparel Industry stands as a big medium of innovation and smart up cycling. Sustainability becomes more crucial if one has to deal with it in the apparel sector in order to manage excess and wastage. This systematic research aims to find out about all the sustainable measures practiced by companies producing such articles. Acknowledgement I would generously like to thank my Mentor Jagriti Mishra for her continual support, feedback and constructive discussions. I owe my secondary research to Ebsco, DELNET Google Scholar, Nift Resource Center and Library and the whole FMS department of NIFT, Gandhinagar. table of contents Background study 3 acknowledgement 4 table of contents 5 1 INTRODUCTION 7 1.1 Statement of the problem 8 1.2 Objectives 8 ...
Words: 6742 - Pages: 27
...Management, School of Business, University of Miami, Coral Gables, FL, USA Abstract Consideration is given to the convergence of supply chains and sustainability. In doing so, the focus on environmental management and operations is moved from local optimization of environmental factors to consideration of the entire supply chain during the production, consumption, customer service and post-disposal disposition of products. This is a critical and timely topic that captures increasing concerns over sustainability, whether driven by current legislation, public interest, or competitive opportunity. As such, sustainable development is a rich area for academic research that is still in its infancy and has the potential to affect future government policy, current production operations, and identify new business models. This paper provides a background to better understand current trends in this multidisciplinary field that intersect with operations management, and the research opportunities and challenges it presents. # 2007 Elsevier B.V. All rights reserved. Keywords: Supply chain; Sustainability; By-products 1. Introduction The interaction between sustainability and supply chains is the critical next step from recent examinations of operations and the environment (Corbett and Kleindorfer, 2003) and operations and sustainability (Kleindorfer et al., 2005). While important contributions have...
Words: 4927 - Pages: 20
...Woolworths Supply Chain and Logistics Business Strategy This assignment is submitted in partial fulfilment of the requirements of the B.COM (HONS) IN TRANSPORT ECONOMICS Department of Business Management By BUSISIWE MNCUBE Student no: 920216064 At the UNIVERSITY OF JOHANNESBURG 13th March 2012 Tel: 084 312 4161 Table of Content 1. Abbreviations ........................................................3 2. Introduction ...........................................................4 3. Business focus areas ............................................5 4. Demand Management ..........................................5-6 5. Primary Distribution ...............................................6 6. Secondary Distribution ..........................................6 7. Inventory Management ..........................................7-8 8. Warehousing ..........................................................8-9 9. Packaging ...............................................................9 10. Material Handling ....................................................9-10 11. Information Technology ...........................................10 12. Reverse Logistics .....................................................10 13. Environmentally Sustainability ..................................11 14. Recommendation and Conclusion ............................12 15. Bibliography ................................................................
Words: 3470 - Pages: 14
...Task 1 Using different supply chain measurement models and frameworks from the literature, critically identify and recommend the most important supply chain measures in each supply chain process for a maritime cargo logistics and transport organization. You are required to look at different supply chain processes and measures in the SCOR Models, and also use supply chain measurement models from …… Executive Summary The purpose of this assignment is to understand the usage of different measurement models to evaluate supply chain management. Besides that, understanding the interaction between quality and environmental sustainability is also a purpose of this assignment. The overall article will be separated into two parts. The first part will focus on the measurement of supply chain based on the SCOR model and Balance Scorecard. The second part will evaluate the possible pressure that MPA may face with in the future in order to analyze the balance of quality and environmental sustainability. From the first part of the article, there are four factors chosen as the most important measurements for the SCOR model. In the ‘Plan’ stage, forecast has been picked up for the main measurement for COSCO because forecast can help to balance the demand and supply; in the ‘Source’ stage, information management is the most important one to measure due to the importance of information availability for all the sources; in the ‘Deliver’ stage, delivery speed becomes the most suitable one to...
Words: 2262 - Pages: 10
...International Journal of Physical Distribution & Logistics Management Consumer preferences for sustainability and their impact on supply chain management: The case of mobile phones Anu Bask Merja Halme Markku Kallio Markku Kuula Downloaded by Universiti Malaysia Sabah At 08:03 27 February 2016 (PT) Article information: To cite this document: Anu Bask Merja Halme Markku Kallio Markku Kuula, (2013),"Consumer preferences for sustainability and their impact on supply chain management", International Journal of Physical Distribution & Logistics Management, Vol. 43 Iss 5/6 pp. 380 - 406 Permanent link to this document: http://dx.doi.org/10.1108/IJPDLM-03-2012-0081 Downloaded on: 27 February 2016, At: 08:03 (PT) References: this document contains references to 88 other documents. To copy this document: permissions@emeraldinsight.com The fulltext of this document has been downloaded 2370 times since 2013* Users who downloaded this article also downloaded: Craig R. Carter, Dale S. Rogers, (2008),"A framework of sustainable supply chain management: moving toward new theory", International Journal of Physical Distribution & Logistics Management, Vol. 38 Iss 5 pp. 360-387 http://dx.doi.org/10.1108/09600030810882816 Craig R. Carter, P. Liane Easton, (2011),"Sustainable supply chain management: evolution and future directions", International Journal of Physical Distribution & Logistics Management, Vol. 41 Iss 1 pp. 46-62 http://dx.doi.org/10.1108/09600031111101420 ...
Words: 14889 - Pages: 60
...Questions 1. For supply chain leaders to focus more on maximizing firm sustainability rather than minimizing total cost the leaders must evaluate the entire firm as a whole and pick apart every aspect that could re veal flaws. The leaders must evaluate their financial status and their security and protection as a whole. However, those three categories fall only into the economic dimension. The three dimensions that supply chain leaders are supposed to consider when trying to improve overall sustainability are environmental, ethical, and economic. 2. The marketing and supply chain risks related to high product complexity consist of a higher total cost, lost sales, lowered ability to change or innovate, higher quality and reliability problems, less ability for adequate forecasting, and more extensive training for customer support. The benefits of high product complexity consist of increased revenue which may improve profitability and asset utilization. 3. Firms should always be adhering to public policy changes related to environmental initiatives because essentially one of the largest contributors to company sustainability is environmental compatibility. However, a company that is trying to minimalize cost could only follow the minimal requirement of certain environmental aspects such as recycling in certain places in the world. This factor alone could save companies expenses. 4. The roles that logistics and supply chain management should take to ensure the following of...
Words: 643 - Pages: 3
...FACTORS INFLUENCING THE SUSTAINABILITY OF SUPPLY CHAIN 1. RESEARCH AREA The importance of operations logistics and supply chain management has shown a tremendous growth in the past decade. One main area which remains underestimated and not taken care of by supply chain practitioners is sustainability management. The practice of sustainable supply chain management (SSCM) is still untouched by many organizations and not fully understood by many practicing companies. So this led to increasing amount of research in this area of supply chain management. (Seuring & Muller, 2008) This paper aims to address the research questions which can able to explain the major factors influencing the sustainable process of supply chain management. On the sustainable side, it involves addressing environmental, ethical, social, economic problems. So the purpose of this paper is to give a proposed approach to effective SSCM. (Faisal, 2010) 2. RESEARCH PROBLEM Acquiring and maintaining sustainability in supply chain management has become the key problem in supply chain practices. SSCM has gained more interest by the companies and also by the researchers. (Colicchia et al, 2011) The more vital process involved is quantifying the sustainability. On considering quantifying, the key issue is considering system boundaries, i.e. analyzing the single organizational operations or the entire supply process as a whole, or considering the direct impact from internal environment or the direct impact...
Words: 1865 - Pages: 8
... Recycling is a relatively new industry and the amount of recycling in countries varies significantly based on Political, Industry and Community issues. Academic and corporate awareness of sustainable supply chain and logistics issues has increased significantly in recent years (Seuring and Muller, 2008). Whilst demand for recycled raw materials is consistently increasing, the prerequisites for establishing a reliable supply chain are complex. Without a reliable and cost effective supply chain, manufacturers will avoid the use of recycled materials and instead choose less environmentally friendly virgin materials. Regardless of the reason for a company going ‘Green’ and looking for sustainability, there are key market drivers and requirements for such goals to be successful. This paper will examine the key supply chain factors that are required to optimise a sustainable supply chain model with respect to recycling and utilisation of recycled products. The key areas of focus for this analysis are: • Government/Politics/Regulatory • Industry • Companies • Community/Culture & Socio Economics • Infrastructure • Logistics These are commonly regarded as the key enablers of a sustainable supply chain with regard to...
Words: 5350 - Pages: 22
...TOPIC: REVERSE LOGISTICS IN MANUFACTURING SECTOR ANKITA ASHOK BAJPAI (PRN 13020741013) SANDHYA GODAVARTHY (PRN 13020741044) SANKET MADAN PAUNIKAR (PRN 13020741045) SAUNAK GHOSE (PRN 13020741046) YOGESH KASAR (PRN 13020741062) An analysis of the factors affecting the dynamics of reverse logistics in the manufacturing sector: An interpretive structural modeling approach A. Bajpai, S. Ghose, S. Paunikar, S. Godavarthy, Y. Kasar Abstract: Reverse Logistics is increasingly becoming one of the most important and impacting factors, and a key challenge for any company/industry. To adapt to the current market scenario, and to gain competitive advantage over its competitors, a company needs to optimize its Reverse Logistics operations and try to reduce its cost to a minimum. There are many factors influencing the nature and cost of Reverse Logistics operations. In this paper we have chosen a few variables which influence the Reverse Logistics scenario, and tried to show the inter-relationship between them. 1. Introduction to the field of reverse logistics : Reverse Logistics (RL) refers to the operations involved in reprocessing and reusing the finished goods and materials. Reverse Logistics involves process oriented approach to plan and control the most efficient and cost efficient flow of raw materials, current inventory, finished goods, etc. to its point of origin from the point of consumption for its proper reuse or disposal. Reverse Logistics costs...
Words: 4049 - Pages: 17
...D’ambrosio, reckitt Benckiser Stuart Dickson, GlaxoSmithKline priscilla Donegan, Capgemini Xavier Franco, Johnson & Johnson Massimo Frediani, nestlé Geoff Frodsham, loblaw Companies ltd Thierry Gueguen, Groupe Danone ruediger hagedorn, Global Commerce initiative loes heinemans, Capgemini Kees Jacobs, Capgemini Jeroen Janssen lok, Sara lee international peter Jordan, formerly Kraft Foods Bill lewis, SCa packaging luis Montenegro, British american Tobacco lara Moutin, unilever Oliver neubert, Freudenberg household products Ben pivar, Capgemini Jochen rackebrandt, Kraft Foods rich rapuano, Black & Decker Katrin recke, aiM/eCr europe Sabine ritter, Global Commerce initiative audrey rossman, procter & Gamble andreas ruthenschröer, MGl MeTrO Group logistics Gmbh Stephan Sielaff, Symrise Tony Spiliotopoulos, l’Oreal uS Tibor Szandtner, Capgemini Chrys Tarvin, Wal-Mart Stores, inc. ruud van der pluijm, royal ahold ingeborg Veelenturf, Kellogg europe Tony Vendrig, royal ahold ard Jan Vethman, Capgemini Olivier Vidal, l’Oreal Jos Visee, philips as well as other members of the GCi Steering Group who have contributed to the report, Jesse van Muylwijck for his cartoons, and the Chicago and netherlands accelerated Solutions environment (aSe) facilitation teams from Capgemini for their support during the aSe events. Xavier Derycke, Carrefour roland Dachs, Crown europe Co-Chairmen of the GCI Future Supply Chain Work Team © May 2008 Global Commerce initiative, Capgemini. all rights reserved...
Words: 12691 - Pages: 51
...| Logistics | summary | | Ramon Mannie | 3/13/2014 | Contents 1. Lesson 1, Introduction (chapter 1) 4 1.1. Chapter objectives: 4 1.2. Logistics 4 1.3. Operations management 5 1.4. Supply chain management 5 2. Lesson 2, Operations and supply chain strategies (chapter 2) 8 2.1. Chapter objectives 8 2.2. Relationship and difference (point 1) 8 2.3. Core competencies (point 2) 9 2.4. Strategic alignment (point 3) 9 2.5. Supply chain operations and decision categories (point 4) 10 2.6. Customer value and value index calculations (point 5) 11 2.7. Trade-offs among performance dimensions (point 6) 11 2.8. Order winners versus and order qualifiers (point 7) 12 7. Lesson 3, Supply management (chapter 7) 13 7.1. Chapter objectives 13 7.2. Identify and describe the various steps of the strategic sourcing process. 13 7.3. Spend analysis (point 2) 14 7.4. Differences between insourcing and outsourcing (point 4) 15 7.5. Portfolio analysis (point 3) 16 7.6. Multi criteria decision (point 6) 17 7.7. Negotiations and the purpose of contracts (point 7) 18 7.8. Procure-to-pay cycle (point 8) 18 8. Lesson 4 Logistics (chapter 8) 19 8.1. Chapter objectives 19 8.2. Logistics management (point 1) 19 8.3. Transportation modes (point 2) 19 8.4. Warehousing (point 3) 21 8.5. Logistics strategy (point 4) 22 8.6. Measuring logistics performance (point 5) 23 8.7. Landed costs (point 6) 23 8.8. Reverse logistics systems (point 7) 24 8.9. Weighted center of gravity method...
Words: 6216 - Pages: 25
...Reflective Summary As I mentioned to you in my introduction the first day of class, this is my first semester in the Logistics Management Program. I learned that there’s more to logistics than just sending a product from one place to another. It is the part of supply chain management that plans, implements, ad controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customers’ requirements. I learned about the six different types of information systems that can be used in almost every business function and how they might be specifically applied in logistics management. Office automation systems can be applied to process a companies’ personal and organizational business data, to perform calculations, and to create documents. Logisticians tracking their warehouse expenses with the use of spreadsheets allow them to observe where most of your warehousing expenses are coming from. I learned that warehouse cost minimization, which is the act of transporting products from one warehouse to another, at a minimum cost, could be analyzed by the spreadsheet software to reduce warehousing expenses. Another important thing I learned is how valuable the Decision Support System (DSS) is. Within the DSS is an application called warehouse management systems (WMS). With this, you can control inventory management, product receiving, order selection...
Words: 787 - Pages: 4
