Manufacturers and recovery companies can make the service supply chain truly circular by using data to enable proper part selection and recovery and predict needs, writes Rohit Joshi, senior vice president of supply chain transformation at Entercoms. Data also needs to be consolidated and mined to get the best insights, he writes.
Optoro and eBay are enabling small businesses and individuals to buy bulk quantities of returned or unused inventory and resell the items on the latter's platform. The companies are also providing prepopulated eBay listings to make the selling process easier.
Amazon is no longer allowing sellers that fulfill their own Prime orders to use FedEx Ground delivery due to delays, according to a company email. Amazon took similar short-term action last December in response to delivery complaints.
Warehouse management systems, voice technology and autonomous mobile robots can address the many worker and environmental challenges in cold storage logistics, writes Anton du Preez of Korber.
Oregon has suspended its beverage container redemption requirement for two weeks as the state enacts tougher restrictions to fight the coronavirus. Retailers can still accept containers, although residents are advised to keep them collected at home.
The Commerce Department reported a 1.3% uptick in US orders for durable manufactured goods in October, down from September's 2.1% gain. Meanwhile, orders for non-defense capital goods minus aircraft were up 0.7% last month after a 1.9% increase in September.
McKinsey reviews the advantages and disadvantages of outsourcing indirect procurement and how insourcing can be achieved in stages. "Companies can capture most of these gains within 12 to 18 months, and continue to capture annual cost reductions of about four percent after the transformation," the authors write.
People-first practices such as providing flexible work schedules, financial benefits and career advancement are needed to recruit and retain good workers amid the pandemic, says Kylene Zenk, director of the manufacturing practice at HR specialist UKG. Manufacturers have found success by expanding their candidate pool to emphasize "veterans, second-chance workers, individuals graduating from nonprofit job placement programs, persons with disabilities or special needs, refugees, retirees, and others," Zenk says.
Procurement and supply chain experts participating in a virtual roundtable said that to increase growth in 2021, teams should be flexible and adapt to change, use technology to understand complex data and plan for disruptive events. They added that company cultures need to adapt as well as organizations reinvent and transform themselves.
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