Posted by Marie Fournier | August 15, 2017
There has been a lot of focus on optimizing the supply chain for order fulfillment. The on-going efforts to perfect the ‘order to cash’ process have yielded great rewards. But what about returns? Automation has reduced the number of returns due to errors however the world must move from a linear to a more circular economy and this will impact the entire supply chain.
The notions of a circular economy and green distribution are really quite wonderful. Imagine an industry that produces no waste or pollution, and where products are designed for safe and non-intrusive disposal. Imagine an industry where 100% of unconsumed or partly consumed products are returned for re-use.
Kudos to the Association of Battery Recyclers for their contribution to the circular economy. From their website: “The members of the association share a dedication to environmental and community responsibility.” Spent batteries are turned into lead metal, plastic and sodium sulfate, which are used to manufacture new lead batteries and other useful products. Their website also states that lead batteries have a 99% recycle rate within most of North America – impressive!
With greater awareness and increasing environmental pressures from various stakeholders, more companies are incorporating green distribution practices into their daily activities. I believe distributors can play an important role in the circular economy by selecting products and suppliers that behave responsibly and by participating in the efforts to recycle and/or re-use the products that they sell.
Goods are coming down the supply chain – we’re pretty good at that. Now it’s time to move stuff back up. Distributors can take an active role in balancing the financial responsibility of making money with their responsibility to benefit society as a whole. This must include their responsibility to preserving the environment by actively engaging management into environmental thinking.
Tags: Association of Battery Recyclers, batteries, change in us healthcare supply chain, circular economy, distribution, environment, order fulfillment, re-use, recycle, returns, supply chain innovation
October 10, 2018
Although no business likes carrying safety stock, experiencing a stockout simply isn’t worth the risk to customer satisfaction. Take an industry-informed look at how to achieve demand planning ‘greatness’ when it comes to optimizing your inventory levels and still meeting customer requirements.
May 2, 2018
In the January-March 2018 issue of APICS magazine, APICS CEO Abe Eshkenazi contends that if supply chain leaders bring business success then that makes them business leaders. Mr. Eshkenazi goes on to state “organizations that consider their supply chains as strategic and competitive assets outperform the market”.
December 19, 2017
I just read a blog post entitled How do you feel when someone mentions predictive analytics? Well, I feel like it’s a good thing. How about you?
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