Posts Tagged ‘Supply Chain Model’
Supply Chain & Logistics
Reverse logistics refers to the process of sending goods back in the retail supply chain. It is based on the concept that for successful supply chain solutions, it is not just enough to plan the distribution of your product, but also on how to bring it back. This involves both customer returned as well as obsolete products. Indeed, managing returns effectively allows you to recapture value or reduce write-offs, at the same time keeping your customers contented.
A high performance reverse logistics firm/ consultant take extra care to help you design, plan and implement a reverse Read the rest of this entry »
Supply chain is the crucial element in an organization as it deals with all the steps necessary for converting raw materials into their respective finished products. Managing the supply chain efficiently is essential for operational efficiency and ultimately achieving established business objectives. This management is a set of processes that monitor activities occurring in the supply so that optimal results are achieved and resources are utilized without wastage.
There are five phases in supply chain management. These include plan, develop, make, deliver, and return. In the first phase a plan is derived, according to which various Read the rest of this entry »