Turning Waste Into Value With Circular Supply Chains

| October 23, 2017

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Too many circular supply chain programs are failing to capture value. It's time to come full circle transforming supply chain operations to capitalize on circularity. To capture the full potential of the circular economy in supply chain operations, companies need to pursue higher and more complex value initiatives. To do that, successful companies will: 94% 18% 92% 99% Break down silos. Circular is disruptive to the organization and requires strategic collaboration across functions such as R&D, procurement, supply chain, manufacturing and marketing

Spotlight

Penske Truck Leasing

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a partnership of Penske Corporation, Penske Automotive Group, Mitsui & Co., Ltd., and GE Capital Holdings. A $6.0 billion leading global transportation services provider, Penske operates more than 240,000 vehicles, employs approximately 26,000 associates, and serves customers from more than 1,000 locations in North America, South America, Europe, Asia, and Australia. Our product lines include full-service truck leasing, contract fleet maintenance, used truck sales, and commercial and consumer truck rentals. Our subsidiary Penske Logistics provides supply chain management and logistics solutions.

OTHER ARTICLES

Ultimate guide to warehouse logistics: Enhance organization, movement, and management

Article | October 19, 2020

Warehouse logistics is the heart of any supply chain operation, assimilating and dispatching goods to ensure availability and timely delivery. With more consumers turning to e-commerce, it’s important for businesses of all sizes to bolster the supply chain to handle the e-commerce business model. According to research conducted by BigCommerce, the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping. In fact, the National Retail Federation (NRF) found that 75% of consumers expect delivery to be free even for orders under $50.

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How smart tech can transform warehousing

Article | February 23, 2020

A quick look into the history of warehouse management tells us that it was once a very paper-intensive process, heavily reliant on human beings to co-ordinate the multitude of activities that take place within the warehouse. However, ever-rising customer expectations, e-tailing/omni-channel and the pressure of quicker delivery times, increasing operational complexity along with the unprecedented advancement in smart technologies call for smart warehousing management systems, empowered by the Internet of Things or IoT.

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REAL-TIME SUPPLY CHAIN, GPS AND TELEMATICS MORE ESSENTIAL THAN EVER

Article | March 28, 2020

Combining real-time vehicle data and intelligent agents with integrated planning and execution for efficient, resilient supply chains. A supply chain is only as fast and responsive as the data driving it. Today, new sources of real-time data such as telematics, combined with a planning and execution platform, mean that supply chains can be more efficient, better optimized, and more automated than ever.

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The Autonomous Supply Chain

Article | March 25, 2020

Autonomous technology continues to make an impact on the supply chain. The autonomous supply chain, as I am writing about it here, applies to moving goods without human intervention (to some degree at least). One of the more interesting examples I have seen is from the Belgian brewery De Halve Maan, which in an effort to reduce congestion on the city streets, built a beer pipeline under the streets. The pipeline is capable of carrying 1,500 gallons of beer an hour at 12 mph to a bottling facility two miles away.

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Spotlight

Penske Truck Leasing

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a partnership of Penske Corporation, Penske Automotive Group, Mitsui & Co., Ltd., and GE Capital Holdings. A $6.0 billion leading global transportation services provider, Penske operates more than 240,000 vehicles, employs approximately 26,000 associates, and serves customers from more than 1,000 locations in North America, South America, Europe, Asia, and Australia. Our product lines include full-service truck leasing, contract fleet maintenance, used truck sales, and commercial and consumer truck rentals. Our subsidiary Penske Logistics provides supply chain management and logistics solutions.

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