Reverse Logistics Essay

613 words - 3 pages

REVERSE LOGISTICS

Hiral Bhuva 13009
Pooja Gadhavi 13019
Ranjitraj Kathiya 13030
Hitesh Makwana 13035
Puran Meena 13040

REVERSE LOGISTICS

What is reverse logistics?

Reverse logistics means reuse of the product, material, repairs, maintains, recycling, product return.
The process of reverse logistics is part of the supply chain process that plans, implements, and controls the efficient, effective flow raw material to finished goods.
Logistics is the process to full fill customer needs and wants and bring product towards customer.
Reverse logistics is one step back in supply chain. If ...view middle of the document...

They take back the empty bottles of cold drinks to their factory and use the same for refilling them again.

Why reverse logistics are important??

* Damage commodity:
If the product and commodity are destroy or damage before a time of the delivery to consumer or customer. That time to have responsibility to company or supplier to be replace that product. Like electronic products
* Seasonal inventory or product:
Inventory or product made up in hopeful of a seasonal peak of demand. Sometime product and inventory are limited for specific time period. So out of seasonal time may require Seasonal inventory to send back to supplier or manufacture.

* Resale product :
 Manufacturer establishes a fixed or minimum price for the resale of a brand product by retailers or distributors. For example olx, e-bay, Are website are resale the product.


* Recycle and reusing:
All the beverage company (coca cola, Pepsi co,) are they bring back to own glass bottle from to distributor and...

Other Essays Like Reverse Logistics

Module: Logistics And International Trade Essay

1189 words - 5 pages et al., 2005). Logistics management may be defined as “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 customers’ requirements.” (Council of Supply Chain Management Professionals, 2007). Both Stank et al. (2002) and Lin (2006) describe the

Syllabus of Sales Distribution Management with Detail Explanation About the Theories

776 words - 4 pages Retailing & e-Retailing Market Logistics: Meaning and Scope – Outbound Logistics – Transportation including multi-model system – Warehousing – freights – CFAs – 3 PL and 4 PL providers – reverse logistics – Technology in logistics – recent trends Cases Introduction of New cases in necessary Faculty will be handling eight or more cases Baskin Robbins - Sales Strategy for India Eureka Forbes – The Direct Marketing Pioneer Mary Kay Inc. - The Saleswomen

Ecommerce Effect on Steel Logistics

3620 words - 15 pages immediate query resolution of the customers and help the organization to build relationship with the transporter and customers. This can help companies like JSPL/PTL in better monitoring its logistics, higher negotiation power for lowering freight, proper coordination in supply chain and higher customer satisfaction due to higher serviceability. * Reverse supply chain using system integration: - Sometime due to wrong order placed and bad

Logistical Strategies in the Supply Chain

1631 words - 7 pages formulate strategies (Davenport, Jarvenpa, & Beers, 1996). Logistics is a part of the supply chain, which 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 to meet the clients’ needs (Butterworth-Heinemann, 2004). A number of logistical strategies exist from company to company, each claiming to be more

Case Study

1120 words - 5 pages , IT configuration, invoicing and billing procedures, reverse logistics) * Streamline procurement process * Cheapest alternative out of the four vendors * World renowned B2B vendor providing top quality supply chain solutions * Stronger relationship with single supplier * Reduces internal logistics costs * Potential for volume order discounts Cons: * Potential for loss of real customer service as a result of outsourcing

Distribution

586 words - 3 pages performance of the product. – or a customer may simply change his mind. Complex issue – involves moving small quantities of goods from customer rather than to the customer. Costs sometimes nine times > than when reaching goods to Customer. 11. Reverse Logistics Involved in renewal and disposal of waste materials left over from the production, distribution or packaging processes. These could be temporary storage, followed by

Westminster Compnay

2499 words - 10 pages the relevant information. This leads to Westminster’s goal of greater profitability, and customer satisfaction. Manufacturing customization should be decentralized to further satisfy customers in a better way. Decentralizing Life cycle support and reverse logistics will also help to achieve optimum results. Integrating Company A, Company B, and Company C and consolidating the warehouses will be profitable for Westminster Company because it

Rfid-Working with Rfid

1834 words - 8 pages Turning Client Vision into Results RFID Markets & Applications RFID-EPC enabled systems offer significant benefits in a wide variety of supply chain oriented applications Retail Lower Labor Costs Out-of-Stock Triggers Reducing Shrinkage Reducing Inventories Locating Products Real-time supply/demand data Smart Shelves Reverse Logistics Customer Convenience Healthcare/Pharma Tracking Hospital Equipment Patient ID and Tracking

Supply Chain Management – Outsourcing

3780 words - 16 pages ; and transportation is critical to this outcome. Figure 1 also indicates that product flow is a two-way flow in today's environment because of the growing importance of reverse logistics systems for returning products that are unacceptable to the buyer for various reasons (J. Langley, J. Coyle, B. Gibson, R. Novack, E. Bardi, 2008). The second flow indicated is the information flow, which has become an extremely important factor for success in

Coca Cola

5370 words - 22 pages Capital Partners) Genco XPO Logistics Pacer International Non-asset based TL carrier and freight brokerage company Freight brokerage, specializing in intermodal, TL and LTL Contract logistics, freight global forwarding, brokerage and transportation management European package delivery Automotive 3PL services Global logistics services/ocean focus Value-added warehousing Product lifecycle management and reverse

Pusela Easy Meals Case Study

3633 words - 15 pages their customer service by practising reverse logistics (taking back of unsold products, and passing credit on damaged products), Pusela needs to understand that customer service is more than reverse logistics. Also what Pusela need to understand is that customer service is not an activity rendered as per cost. All customers should be treated the same, despite the amount of business they do with you. Pusela needs to understand

Related Papers

Jai Sri Ram Essay

798 words - 4 pages Reverse Logistics 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

Logistics Chapter 04 Notes Essay

523 words - 3 pages . The logistics social responsibility include the environment, ethics, diversity, safety, philanthropy, and human rights. Reverse logistics refers to the process of managing return goods. * Can be four or five times more expensive than forward logistics. * Can take 12 times as many steps as forward logistics. * Focuses on three critical factors of why products are returned, how to optimize revers logistics, and whether revers logistics should be managed internally or outsource to a thired party.

Ana Baneek Omak El Sharmota Essay

2364 words - 10 pages distribution channels. Although it is easy to think of logistics as managing the flow of products from the points of raw material acquisition to end customers, for many firms there is a reverse logistics channel that must be managed as well. The life of a product, from a logistics viewpoint, does not end with delivery to the customer. Products become obsolete, damaged, or nonfunctioning and are returned to their source points for repair or disposition

Logistics Sector In India Essay

2671 words - 11 pages consolidation and breaking up of cargo, packaging, labelling, bar coding and reverse logistics etc. warehousing and related activities account for approx. 20% of the total logistics industry. Most of the warehousing space in India lies with unorganised players in domestic front, which is causing wide supply and demand gap in storage space. According to KPMG, an additional 120million square feet of warehousing space is needed by 2012 to bridge this gap