SCM Week 17: Agile and Reverse Chain Management PDF

SUPPLY CHAIN MANAGEMENT IN HOSPITALITY INDUSTRY WEEK 17: AGILE AND REVERSE CHAIN MANAGEMENT Group 13 RIZEL ANNE BONDOC KHATRINA GAIL CRUZ RIANE JAMES YAMBOT  TWO SPECIALIZED SUPPLY CHAINS AGILE SUPPLY REVERSE SUPPLY CHAIN...

SUPPLY CHAIN MANAGEMENT IN HOSPITALITY INDUSTRY WEEK 17: AGILE AND REVERSE CHAIN MANAGEMENT Group 13 RIZEL ANNE BONDOC KHATRINA GAIL CRUZ RIANE JAMES YAMBOT  TWO SPECIALIZED SUPPLY CHAINS AGILE SUPPLY REVERSE SUPPLY CHAIN CHAIN  AGILE SUPPLY CHAIN An agile supply chain can be defined as a chain of supply that has the potential to respond to changing requirements in a way that accelerates the delivery of ordered goods to customers. In simple words, supply chain agility is a custom adopted by many companies for choosing a dealer.  REVERSE SUPPLY CHAIN Reverse supply chain states the evolution of products from customer to merchant. This is the reverse of the traditional supply chain evolution of products from merchant to customer. Some examples of reverse supply chain are as follows: Product returns and handling product displacement. Remanufacturing and refurbishing exercises. Management and sale of surplus, along with returned equipment and machines from the hardware leasing business.  THE FIVE KEY PROCESSES OF REVERSE SUPPLY CHAIN 1. PRODUCT 2. REVERSE 3. INSPECTIONS AND ACQUISITION LOGISTICS DISPOSITIONS Theoretical 4. REMANUFACTURING OR REFURNISHING 5. MARKETING  1. PRODUCT ACQUISITION Accumulating the used product from the user by the reseller or manufacturer because of some manufacturing defect or some other reason. It is basically considered as a company’s growth strategy.  2. REVERSE LOGISTICS Shipping of products from their final destination for auditing, sorting and disposition.  3. INSPECTIONS AND DISPOSITION Examining the condition of the product returned along with making the most profitable decision for reusing it in some other way.  4. REMANUFACTURING OR REFURNISHING Returning the product to its original source from where it was ordered in the very first place along with specifications. This is done basically when there is a manufacturing or furnishing defect in the goods.  5. MARKETING Establishing secondary markets for the goods that have been recovered by the merchant from the client who initially ordered it in the beginning but chose to return it. THANK YOU