Reverse Logistic Management

yogin

hey frndz u should really go through this PPT 1ce. it is xcellent 1 very systematic..........

pratiktims · 05:04 PM

hi can u send me detail of logisitic management in retail so i can prepare my report in logistic subject.

yogin

hey pratik this is the detail information abt reverse logistic n also i have posted sum bfore in the forum so do check it dude n apart frm this if u want anything else so do reply me

take care

yogin

Retail Industry Expertise
Keeping up with the pace of retail demand is a challenge. Regardless of demand fluctuations, your customers expect the same low costs and wide selection of goods. Let Penske Logistics help.

Through our comprehensive suite of Retail logistics services, we optimize efficiency throughout your supply chain. Penske helps you offer a larger selection of goods, decrease inventory and lower costs. We manage your supply chain so you can focus on your most important asset - the customer.

Penske combines logistics expertise and retailing experience to continuously align your operations with market demand. As a lead logistics provider, Penske manages your supply chain demands from order to delivery. We also offer third party logistics services, managing any part of your inventory, transportation, distribution, supplier and reverse logistics operations.

Penske uses a collaborative approach with each client. We team with your management, suppliers and in-store staff to determine a logistics strategy that works for you. We're not just here to reduce costs - we're here to increase your profit margin and make sure you meet your business goals. Looking to grow? Our international presence allows you to expand your reach in existing markets and enter new markets more easily.

Increase Profit Margins, Exceed Customer Expectations: Penske helps you maximize customer profitability by exceeding their expectations. We work hard to make sure your customers have the right selection of goods available at a lower price. Our supply chain solutions reduce your distribution and transportation costs, while ensuring order accuracy and on-time delivery.

Improve Process Efficiency: Whether it's time spent unloading trucks or time spent picking goods, time is money. Penske increases the velocity of goods through your supply chain by identifying and resolving inefficiencies.

Align Logistics Operations with Market Demand: Penske synchronizes your supply chain operations with market demand, keeping your logistics network optimized at all times. We manage your warehousing, distribution center, supplier and transportation operations to keep costs low and productivity high.

Reduce Shelf Inventory: Extra inventory is costly. Penske closely monitors store demand and suppliers to ensure your customers have the right amount of inventory at the right time. Our JIT systems, facilities network, logistics technology and transportation services allow you to keep inventory moving throughout the supply chain and into the customer's shopping bag.

Achieve Supply Chain Visibility: Better control of your supply chain reduces costly inefficiencies and allows you resolve potential roadblocks. Penske keeps you and your customers up to date on order and delivery status. Our lead logistics provider/third party logistics services and technologies track all activity from supplier compliance and ordering to product delivery.

Logistics Solutions for the Retail Industry

The need to have the right product, at the right time, at the right place, and in the right quantity is a particular logistics demand of this industry.

The requirements for freshness, hygiene, sell-by dates, temperature controls and government regulations place added demands on the expertise that Swisslog provides.

At Swisslog, our expertise is founded upon the knowledge of our professionals, gained through successful completion and operation of logistics solutions for manufacturing, automated warehouses and distribution centers worldwide. Our goal is to help customers achieve perfect distribution management, a continuous flow of materials and maximum availability while still increasing quality and lowering logistics costs.

The success of the logistics industry depends on the promptness with which the products can be delivered to a particular destination or to a client. Time and location are two factors which can either make or mar the logistics industry. The logistics industry is governed by technology, integration, globalization, legislation and confederations.

Formerly, warehousing facilities and logistic facilities were situated in remote areas like water port, beside rail tracks and those places in towns or cities which were not treaded up on by many. However, these sites shifted to rural areas and other localities. The logistics industry has experienced several changes over the years. These changes can be attributed to the growth in the retail industry and the manufacturing segments.
Impact of Logistics Industry on Economy:
Industry reports suggest that in the year 2002, revenues earned by the logistics industry equaled USD$910 billion. As much as USD$571 billion was earned as revenue from transportation, USD$ 298 billion was earned from warehousing, USD$41 billion was from services related to logistics industry. Federal Reserve recorded a growth of 4% in the gross domestic product or the GDP in the year 2004, owing to revenues earned by the logistics industry. With the advent of latest and sophisticated know how, the logistics industry has a bright future ahead.
Logistics industry trends indicate that in the years to come the following factors, which guide the logistics industry is reckoned to strengthen further. The factors facilitating the effective functioning of the logistics industry are integration, confederations, technology, legislation and globalization. The 3PLs or the third party logistics providers are required to carefully ascertain the market trends in the logistics industry and accordingly sketch the plan of action of the logistic companies.

Expanding up on geographical boundaries is being given prime importance. It is considered that this logistics industry trends is likely to continue for several years to come. The logistics industry trends imply that the role of the 3PLs is anticipated to increase in future. Collaborating efficiently and strengthening alliances are two factors, which are expected to look up in the logistics industry trends. Companies with specializations excelled in the logistics industry to a considerable extent. However, the success of these companies in the logistics industry will be determined how effectively the companies dealing in the logistics industry make use of the five factors mentioned above. The 3PLs belonging to the mid market categories generate revenues every year as much as $100 million to approximately $500 million. They comprise of companies dealing in transport, warehouse facilities and brokers dealing with freight related assignment.
Statistics indicating growth rates in the logistics industry:
Freight management, which is non asset based are rendered by 3PLs account for about 15% growth. 3PLs dealing with cross dock assets which are low account is likely to register a growth rate of 15%. Growth rate for the freight forwarders, which operate internationally, especially in the zone where logistics operations take place between Asia and the United States of America, account for a growth rate of 15% to 20%.

The logistics industry trends also indicate that logistics operations which are port based predicted to grow at 20% to 25%. The growth rate mentioned above has been ascertained for the year 2007. The reason for the rapid growth of the logistics industry can be attributed to the fact that a majority of the companies dealing in logistics operations target clients of medium size instead of targeting the stalwarts of the logistics industry.