Remove Freight Remove Inventory Remove Reverse Logistics Remove Supply Chain
article thumbnail

What is Reverse Logistics?

GlobalTranz

What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials.

article thumbnail

Calling Reverse Logistics Startups – RLA to host Startup Competition

Cathy Roberson

(photo credit: depositphotos.com) According to consulting firm McKinsey, funding for logistics startups almost doubled in 2021 compared to 2020. In total, McKinsey estimates that $80 billion in funding was made in logistics startups in 2021. · Increased costs “driven by cost of freight.” of total retail sales.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Risk Management : The Challenges Driving Increased Interest in Managed Service

GlobalTranz

Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Market Volatility Continues to Undermine Supply Chain Risk Management.

article thumbnail

Supply Chain Risk Management: 7 Challenges Driving Increased Interest in Managed Service

Logistics Viewpoints

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

article thumbnail

Reverse Logistics – What Happens to Stuff We Return?

Operations and Supply Chain Management

Last year, I attended a three-day conference in Las Vegas conducted by the Reverse Logistics Association, a trade group whose members deal with product returns, unsold inventories and other capitalist jetsam. Most online shoppers assume that items they return go back into regular inventory, to be sold again at full price.

article thumbnail

Using Technology to Integrate Your Return Management Strategy

GlobalTranz

Supply chain leaders have faced significant challenges in the past, and in 2020, the coronavirus pandemic spotlighted the need for supply chain resilience and integration. Failure to consider how the disruption affects all parts of the supply chain will lead to delays and added costs.

article thumbnail

Reverse Logistics emerging from the "dark side" and into earnings calls

Cathy Roberson

I missed sending out a post last week and really am sorry about that but…here’s my excuse…I was at the Reverse Logistics Association (RLA) Leadership Conference last week. Thanks for reading Rethinking supply chains! Subscribe for free to receive new posts and support my work. by industry and lots more.