Reverse Logistics Essay

953 words - 4 pages

Should reverse logistics be labeled as the latest business trend? Should it be started on a company whim or in a half-measured capacity? Could focusing on reverse logistics magnify companies’ mistakes even more, or will it focus on the heart of manufacturing, distributors, wholesalers, or retailer's profitability. If we look at using a scoring method, which would focus the measured capabilities of capacity, which could emphasis the return equation, and appears to point to the right measure of resources. Any reverse logistics initiative should reduce real costs which intern satisfies the customer.
If want to understand the implications of process management by implementing a ...view middle of the document...

This End-to-End (E2E) supply operations management requires standard operating procedures (SOP’s) that manage the throughput at the beginning and the end of fulfillment process.
To manage this process in reverse logistics and fulfillment begins with collaboration:
o Working with finance is essential and should be a requirement prior to a reverse logistics implementation. A complete understanding of reversing any accounts receivables (AR) and this procedure should pre-determine any days of sales outstanding (DSOs) which then revise buying and credit terms. Any adjustments to S&OP capacity for future forecasts, or proper setbacks to hold limits should be determined. These should also include the Sarbanes-Oxley (SOX) compliance codes since nobody wants the responsibility of any financial compliance issues during an audit.
o Working with logistics, 3PL carriers, warehousing, or distribution centers, (DCs) is yet another requirement of the collaborative effort. This updates all SKUs’ for replenishment, back-count and updates the materials master list (MM) by indicating the returned material authorization (RMA) is returned to inventory. It also indicates whether (i.e. Quality or research & development (R&D), obsolete, scrap, residual, re-use, that manages the re-cycled waste) is ready for pick-up which includes shipping and destination instructions for back to origin, cost of freight returns, and processing charges for shipments.
o Working with a trade exporter might be one of the most complex areas of concern. Seeing a return materials acquisition notification from a legislative licensing agency could create undo-stress with trade compliance personnel. Understanding exporting licensing, various exporting costs (duties, taxes, or manual reconciliation, for international trade terms) and any possible duplicating problems beginning with the destination point and circulating back to a single return material authorization (RMA) form.
o Working with R&D or quality, begin with the quality acceptance rate (QAR) challenge. These departments usually have a high degree of analytical expertise and can back up the data collected. Whether it...

Find Another Essay On Reverse Logistics

Logistics Essay

4386 words - 18 pages impacts a lot on the SCM and other several issues also. Like we have covered this many points in very details:Financial impactSCM impactProduction impactDistribution impactReverse logisticsReverse LogisticsIn simple words, reverse logistics mean do the all logistics activities from bottom to start. According to the Reverse Logistics Executive Council, 'reverse logistics is the process of moving goods from their typical final destination to another

Logistics, History, and Principles of LEAN Manufacturing Approach

978 words - 4 pages processes are more inefficient. The main issue is that efficiency is no normally measure or not measure correctly. Further, other logistic processes are not analyzed and controlled like reverse logistics for returnable packaging, etc. Purchasing is focus toward getting the cheapest company by unit base and does not take into consideration the efficiency of the operation. Logistics companies run at low efficiency (cube and weight).Normally, systems are

Importance if Third Party Logistics

1893 words - 8 pages consumers and waste disposal. It includes the associated reverse flows. Information systems and infrastructure/resources are key inputs in the provision of Third Party Logistics services. The available data indicate that 3PL activities comprise a significant component of economic activity in Australia. The performance of the 3PL system has a major impact on cost structures, service quality and competitiveness in Australian industry. Recent studies

Third Party (3PL) Logistics in India

2165 words - 9 pages , will able to carry the operation at the domestic level than the logistic service provider. 3PL may not be the core activity of an organization. 3PL providers offering a number of services to their esteem clients regarding custom process, import and export management in various countries, global distribution of service, reverse logistics and so many other facilities. By outsourcing it, organizations can focus on various proficiencies and delivery

Logistics Support for Agrobusiness in Context of the Supply Chain of Perishables

1789 words - 8 pages , for many firms there is a reverse logistics channel that are managed as well. The life of a product, from a logistics viewpoint, does not end with delivery to the customer. Products become damaged, or nonfunctioning and are returned to their source points for disposition. Packaging materials may be returned to the shipper due to environmental regulations or because it makes good economic sense to reuse them. The reverse logistics channels are

The External Factors of Truck Manufacturer in Eu And Usa Over The Next Decade

3378 words - 14 pages , lead Analyst within Datamonitor's Logistics and Express division and author of the study, 2008)Logistic Management as a part of supply chain management plans, implements, and 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. Therefore, logistics provides the link between marketplace and

Beverage Industry Logistics

2867 words - 11 pages to The Council of Supply Chain Management Professionals (August, 2013) as “Logistics management is that part of supply chain management that plans, implements, and 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 customer’s requirements.” For any firm to achieve competitive advantage not only good

Supply Chain of Honda

1664 words - 7 pages -R.BALLOU, 2004,"BUSINESS LOGISTICS/SUPPLYCHAIN MANAGEMENT" 5 the edition, pg-8.Although it is easy to think of supply chain as managing the flow of product from the point of raw material acquisition to end customer, for many firms there is a reverse logistic channel that must be managed as well. The life of the product, from a logistic viewpoint, does not end with the delivery to the customer. Products become obsolete, damaged, or non-functioning

The Advantages and Disadvanatges of Using Third Party Logistics Companies

980 words - 4 pages and procuring transportation procurement, managing inventories, consulting and managing logistics, auditing and consulting freights, tracking and tracing shipments and offering reverse logistics and other value added services. As disadvantage for 3PL is loss of control in some activities in the supply chain, but it is overcome by the main benefit - 3PL knowledge and expertise in the field. 2.3. Supply Chain Collaboration In the past few decades


788 words - 4 pages could be creating a log jam and reducing efficiency. There needs to be a balance of storage needs and processes within a warehouse. Let’s look at how The United Parcel Service warehouses and stores its resources in order to efficiently service 220 plus countries and territories around the globe. UPS has been in the logistics business for over 100 years and they have become quite efficient in warehouse management. Warehousing is much more than

Emerging Field of Green Supply Chain Management

707 words - 3 pages (chin, 2012)In supporting environmental sustainability, managing product returns has become a very important and challenging issue. Responding to this trend, researchers in many parts of the world have conducted numerous studies in reverse logistics and reverse supply chain that were considered separately from the forward channel of supply chains. Meanwhile, there are opportunities to create added values from product returns and to improve

Similar Essays

What Is Reverse Logistics? Essay

1372 words - 6 pages Reverse logistics is defined as the system of moving products or components for their point of consumption(customer end) to point of origin ( Manufacturing end) through channel members for the purpose of recapturing value or disposal. Reverse logistics processes and plans rely heavily on reversing the traditional forward moving supply chain. The area of reverse logistics includes return policy administration, product recall protocols, repairs

Reverse Logistics As An Integral Part Of Supply Chain Management

2563 words - 10 pages Introduction Most of us think of logistics as a one-way street. Products are manufactured, packaged, stored in a warehouse, sold, and then shipped off to the customer ... end of story. Yet for many logistics managers today, that's not the end of the story. In addition to managing outbound goods, they also are responsible for reverse logistics--the flow of returned goods and packaging, including customer service and final disposition of

The Reverse Supply Chain: Question And Answers

865 words - 4 pages chain management profitable with better networking for making itself ecofriendly and rules abiding company. Bibliography al., D. K. (2001). reverse logistic. al., S. e. (2000). beamon. (1999). sustainablity. 101-110. chin, r. (2012, may 02). reverse supply. Retrieved jan 2014, from Dann, W. &. (1995). Fleischmann. (2002, may 13). Retrieved from meines. (2012). reverse logistics. preuss

Real Time Dynamic Integrated Outsourced Warehouse System

1392 words - 6 pages 2.0 Introduction The study on warehouse management system (WMS) was done since early 20th century and there are lots of topics that related to this study. Nowadays the WMS become more advance so that they need to improve their performance to be better. In order to achieve that, there are lots of studies that can be review and its can been categories as follows: 2.1 Reverse Logistics In logistics process there are two types of the process which