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The Role of the Digital Supply Chain
Published in Maciel M. Queiroz, Samuel Fosso Wamba, Managing the Digital Transformation, 2023
Maciel M. Queiroz, Samuel Fosso Wamba
Supply chain management (SCM) is a multidisciplinary field that is recognized as one of the last frontiers for organizations seeking a competitive advantage in a complex contemporary world. Although SCM has a long tradition in business management and related fields, there is no unified concept (Mentzer et al., 2001). This book adheres to the definition provided by the (Council of Supply Chain Management Professionals [CSCMP], 2022): Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies.
Logistics 4.0: SCM in Industry 4.0 Era
Published in Turan Paksoy, Çiğdem Koçhan, Sadia Samar Ali, Logistics 4.0, 2020
Sercan Demir, Turan Paksoy, Cigdem Gonul Kochan
Inbound logistics refers to the flow of raw materials from suppliers to manufacturers. Receiving, storing, and distributing raw materials or goods that are coming into a business internally are inbound logistics activities. Freight consolidation, selection of carrier and mode of transportation, materials handling, warehousing, and backhaul management are management decisions associated with inbound logistics. Outbound logistics covers physical distribution activities of finished goods such as collecting, storing and distributing products from manufacturers to buyers. Warehousing of finished goods, materials handling, network planning and management, order processing, and vehicle scheduling and routing are all considered as outbound logistics activities. The main difference between inbound and outbound logistics are product characteristics. While materials handled in inbound logistics are raw materials or unfinished goods, the materials handled in outbound logistics are finished goods. Outbound logistics includes more complex processes than inbound logistics due to the higher production values and strict customer requirements such as on-time delivery (Wu and Dunn 1995).
The “Make or Buy” Decision: E-Commerce Fulfillment, Transportation, Technology, Customization, and Reverse Logistics
Published in Paul Myerson, Omni-Channel Retail and the Supply Chain, 2020
A third-party logistics provider (3PL) is an external supplier that performs all or part of its customers’ outsourced logistics functions and is usually asset-based (although not always, as in the case of a financial services, freight forwarding or information systems-based firm).
Adoption challenges of blockchain technology for reverse logistics in the food processing industry
Published in Supply Chain Forum: An International Journal, 2023
Anupama Panghal, Suyash Manoram, Rahul S Mor, Priyanka Vern
Reverse logistics is the process of planning, implementing, and controlling the effective and cost-efficient flow of inventory, raw material, inventory, finished products, and information related to the point of manufacture to capture value or proper disposal. The arena for facing the challenges of sustainability and globalisation is recycling, refabricating, and adequate disposal (Lambert, Riopel, and Abdul-Kader 2011). Reverse logistics means the physical flow of unused or discarded material that lost its value from the consumer place. Its main feature is to regain that value or get adequately disposed of (Shi et al. 2012). When the final product is no more in the use of the customer than either for disposal or recycling of the product, the onset of reverse logistics begins with the collection of recyclable material. Further, transportation, sorting, storage, and remanufacturing make the product recycled and transformed into a usable form, and the waste is transferred to be dumped at the proper place (Pohlen and Theodore Farris 1992). Reverse logistics significantly impact the company’s performance by reselling value and customer satisfaction. Profitable business emerges with reverse logistics’ involvement in repairing, refabricating, reconfiguring, recycling, etc. This company can gain the advantages of economies of scale. Effective reverse logistics directly benefit customer satisfaction, decrease inventory level, etc. (Autry, Daugherty, and Glenn Richey 2001).
A centralised model predictive control framework for logistics management of coordinated supply chains of perishable goods
Published in International Journal of Systems Science: Operations & Logistics, 2022
Tomás Hipólito, João Lemos Nabais, Rafael Carmona-Benítez, Miguel Ayala Botto, Rudy R. Negenborn
Supply chain management has attracted intensive research attention over the last few years and it has been interpreted by various authors, leading to multiple definitions (Jain et al., 2010). Although there is no unanimous definition, supply chain management focuses on coordinating material, information and financial flows, involving all supply chain stakeholders – suppliers, manufacturers, logistics service providers, distributors, retailers and customers – in the decision-making process, in order to fulfil customer demand requirements. The goal of supply chain management is to improve the overall performance of the supply chain (see Figure 2) (Min & Zhou, 2002; Stadler & Kilger, 2008).Additionally, logistics management (LM) is the component of supply chain management responsible for monitoring and handling the flows of commodities, logistics services and information from the origin to the destination (Kukovic et al., 2014).
The Internet of Things for Logistics: Perspectives, Application Review, and Challenges
Published in IETE Technical Review, 2022
Hoa Tran-Dang, Nicolas Krommenacker, Patrick Charpentier, Dong-Seong Kim
Practically, information and communication technologies (ICT) have been widely deployed in the logistics-related sectors due to their capabilities in improving the information sharing and processing [5]. In particular, the development of advanced ICT enables the players of logistics chain to exchange the logistics-relevant information in real time. Furthermore, such exchanged data can be fully exploited to achieve the informed decision-makings, thus improving the performance efficiency of logistics processes. For example, the real-time decision-makings enable the logistics service providers to quickly respond to any changes of customer demands that, in turn, reduce the operational costs as well as improve the customer experiences [6]. From a business point of view, the logistics-relevant businesses can gain multiple benefits including increased sales, reduced inventory through the data analysis to predict the customer demands and market status [7]. Therefore, the application of ICT in the logistics management systems is becoming a key factor for strengthening the competitiveness of logistics businesses [8].