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.
“The secondary markets are effective in diverting a large number of products from landfill and creating numerous jobs.”
“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.”
Click below for related articles:
Genco, ATC deal is made official
UPS introduces new reverse logistics offering
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.
About the Author
Subscribe to Logistics Management magazine
While many industry analysts contend that distribution centers near U.S. East Coast ports will see a surge of new business after the Panama Canal expansion, real estate experts say this phenomena is already underway.
A new Government Accountability Office report on the effects of changes to truck driver hours of service rules has sparked a war of words between the American Trucking Associations and Federal Motor Carrier Safety Administration, the arm of the Transportation Department that is in charge of making those rules.
The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in May dropped 10.8 percent annually to $92.7 billion, following a 6.8 percent annual decline to $93.3 billion in April.
Carloads headed down 2.5 percent annually to 286,660, and intermodal containers and trailers remained on a growth path, up 2.3 percent to 270,952.
Rumors of transportation and logistics titan UPS acquiring Chicago-based transportation management services provider Coyote Logistics for $1.8 billion have become a reality, with UPS announcing today that the deal is now official.