Improving reverse logistics strategy
November 10, 2010
One of the basic tenets of the Boy Scout code is to “leave no trace” when vacating a campsite. The same rule applies to proper supply chain management, according to some former scouts now serving as prominent reverse logistics practitioners.
“We owe it to our community and future generations,” says Gary Cullen, chief operating officer of 4PRL, the reverse logistics operation of The Georgetowne Group, a consultancy based in Clarksville, Md. “Consumer buying patterns in the past were more conservative and therefore pushed product obsolescence to a larger window—three to five years for a television, for example,” he adds.
“But now, consumers want the newest television set on the market. One year it’s the flat screen, the next it’s got to be 3D.” And just as “secondary markets” exist in the financial world to offer investment alternatives, a similar convention helps manufacturers repurpose their supply chains.
“There are new revenue streams to be explored,” says Dale Rogers, the incoming director for Supply Chain Management at Rutgers University. “The secondary markets are effective in diverting a large number of products from landfill and creating numerous jobs.”
Be sure to attend our Webcast:
2010 Warehouse/DC Benchmark Study
Tuesday, November 30, 2010 @ 2:00 p.m. ET
Join Group Editorial Director Michael Levans and the research team of Derek Sorensen and Norm Saenz from TranSystems as they put context behind this annual survey designed to give the market the most up-to-date snapshot of current activities and trends in warehouse and DC management.
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