MUZAFFAR ALI

BS59-7079
Greenwich University
 Elastic Logistics
• Elastic logistics is the ability to
quickly shrink and expand logistical
capabilities to align with a supply
chain’s demand.

• With the absence of Elastic logistics,

the firms are in the situation to
operate with less efficiency on
serving a higher volume of demand.
 It is mainly driven by big data and increased automation.
Automation is an agile, flexible way to increase the organization’s
Factors driving the logistical infrastructure cost-effectively. Automated machines and
Elastic logistics solutions can be deployed, as necessary. The organization can
implement the resources according to their requirements. In this
way, Elastic logistics is a natural evolution of the supply chain
along with the application of the new technologies- 
Big data and automation.
 The goals of the elastic logistics system include
• Moving shipments faster
• Shrinking lead times
• Minimize Risk
• Improve Customer Service
• Efficiency and Service Quality delivery

Elastic logistics create greater sustainability by allowing warehousing

and logistics teams to deliver against deadlines while minimizing costs.
As many organizations need to improve their operations and reduce
their costs to remain competitive, elastic logistics is becoming a
necessity for the modern production.
 100 Billions ton of raw material
 Hardly 8.5% is reutilized

Supply chain is all about

• INPUT
• OUTPUT
• PROCESS

• Out put is wasted a part.

• Roughly one-third of the products produced in the world
for human consumption every year - approximately in
billion tones - gets lost or wasted and never recycled.
 Circular Supply chain logistics

A circular supply chain is a supply chain that is geared around reusing its ostensible waste
materials as well as its returns. It aims to take these materials and returns and convert them
into new products that they can sell once more. Thus, it marks a shift for supply chains.
 Why is it Important?
1. It is a new model for supply chains because, by its very nature, it fulfills a
need companies are desperately trying to meet.
2. In a circular supply chain, there’s value in waste. Where waste is normally
seen as a source of weakness, a circular economy makes it a resource. A
resource that’ll translate into more products.
3. Its not only a forward-thinking model in terms of its outcomes, but also in its
management. Crucially, it marks another step towards the marriage of
technology and supply chain practices, as digitization is key in enabling a
circular supply chain.
4. With that in mind, perhaps the next big thing in supply chain technology
could be an all-encompassing system that enables companies to ‘go circular”
as currently they have to adopt several technologies to do so.
 How Does all of This Benefit the
Supply chain and so on?
 Businesses utilizing the discarded products to manufacture new ones. It is basic recycling,
just done on a much larger scale. E.g., reusing old cell phone components such as gold,
glass, and metals in new products.

 When you can simply recycle old materials versus sourcing new materials regularly, the
company saves money. It is a no-brainer.

 In the case of larger items, consumers can lease the items until the end of its use and then
return the product back, so the supply chain can make new items from the old materials.

 This entire process helps businesses and the economy to be more effective with the limited
number of resources available in modern times.

 This also allows consumers to feel like they are doing their part in protecting the planet.
And, this sense of participation and purpose makes them want to buy more products from
the same company who shares those same values.

 Recycling pallets and more sustainable packaging further solidify this process as a critical
component of any eco-friendly company. Because of this, less damage is caused to the
environment, as there is no more wood being taken from the Earth.
Thank You