Cradle to Grave Approach to Supply Chain Management Can Reduce Costs, Eliminate Problems

Image via Flickr by MDGovpics

The very monotonous nature of the supply chain presents a unique opportunity for supply chain managers that few are aware of and even fewer use to their full advantage. Day after day, week after week, and year after year, companies go through the same processes of acquiring raw materials, shipping them to manufacturing facilities, turning them into useful products, packaging them, and shipping them to distributors. Sometimes, this also involves reverse logistics, wherein the products are moved backwards in the process due to defects or damage.

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