Intelligent Audit

DECEMBER 2, 2021

Parcel reverse logistics and returns management can be strenuous tasks for any company. With such a steady growth in parcel volume and revenue, shippers need to ensure they have the proper tools and practices for parcel reverse logistics. . What Is Parcel Reverse Logistics ?

Reverse Logistics 52

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GlobalTranz

JUNE 18, 2015

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals.

Reverse Logistics 120

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Supply Chain Game Changer

NOVEMBER 7, 2018

And then at some point all of these activities were included under the banner of “Reverse Logistics” What on earth is Reverse Logistics? So What Is Reverse Logistics? The term “Reverse Logistics” was first coined by James R. And Why Is Reverse Logistics Important?

Reverse Logistics 60

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GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper.

Reverse Logistics 120

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DELMIA Quintiq

DECEMBER 14, 2015

For all of you “in the know”, we are talking about reverse logistics – the “dark side” mix of art and science of the supply chain operations strategy. Let’s consider what measures and countermeasures are available to us to address reverse logistics: The first measure: Never have anybody returning anything.

Reverse Logistics 120

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Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

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GlobalTranz

FEBRUARY 24, 2021

Use Real-Time Data to Inform Your Returns Management Strategy. The ability to collect data is meaningless without the ability to analyze the data to inform data-driven business decisions. This will require integrating logistics market information (e.g., Contact Our Reverse Logistics Team Today.

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GlobalTranz

SEPTEMBER 2, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts , materials and products from the consumer back to the producer. 5 Benefits of Reverse Logistics Management for Asset Recovery.

Reverse Logistics 120

Reverse Logistics Logistics Network Optimization Software 3PL Supply Chain Design Software 120

Veridian Solutions

AUGUST 7, 2018

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction. WMS Implementation Pre-Design: Challenge the Status Quo.

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Logistics Viewpoints

OCTOBER 27, 2023

Amazon informed sellers of the new feature in a post on Monday, explaining that when a customer’s search results include eligible products from small-business brands, the new filter will appear under Business type in the search filter options. The administration has yet to announce a program launch date.

South Korea 219

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Logistics Bureau

JULY 18, 2018

It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. This also qualifies as reverse logistics.

Reverse Logistics 40

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 40

ModusLink Corporation

MARCH 30, 2023

Unlike the forward view, reverse logistics follow the opposite process. Understanding such processes begins with understanding the facts of the reverse logistics meaning and process, its common mistakes, and a few best practices for maximizing their value. Today’s supply chain companies need to make money on returns.

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Supply Chain Cowboy

JULY 7, 2014

One of the issues many growing companies face is obsolete inventory and customer returns. In this episode of the Supply Chain Cowboy Podcast, I talk with Curtis Greve to get his expert advice on how best to handle reverse logistics. Reverse logistics are kind of funny in that they tend to fly under the radar.

Reverse Logistics 40

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Logistics Viewpoints

JANUARY 23, 2024

Blue Yonder also acquired Doddle to close the loop on reverse logistics. Zebra Technologies and FourKites The Zebra Technologies booth highlighted a number of supply chain-focused partnerships, including an e-commerce packing and sortation conveyor and AI powered inventory management application.

Supply Chain Planning Software 209

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Unleashed

JUNE 24, 2020

That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. In an increasingly complex eCommerce world, keeping track of inventory is tricky. What is Omnichannel Inventory Management? Clear data visibility.

Inventory Management Software 98

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Unleashed

MAY 2, 2022

There are a lot of inventory performance measures you could track. Explore our live inventory calculators and formulas page. In this article on inventory performance measures. Why use performance measures for inventory management? Then you will need to know the inventory value at the end of the period.

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Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. Returns management vs. reverse logistics Returns management refers to managing the entire returns process.

Inventory Management Software 52

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GlobalTranz

OCTOBER 2, 2017

Managing returns and reverse logistics are another consideration in creating an effective last mile logistics strategy, reports Industry Week. Moreover, last mile logistics is key to reducing overhead and improving customer service.

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3PL Insights

FEBRUARY 14, 2023

The flow of finished goods in retail logistics is a multi-step process, encompassing inventory management, order fulfillment and shipping, and returns management. Inventory Management Inventory management is the procurement, storage, and selling of a company’s inventory.

Logistics Network Optimization Software 92

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Unleashed

DECEMBER 4, 2018

With better inventory control and optimised management, your multichannel operation can perform at a higher level and meet customer expectations. Integrating inventory control with suppliers. Integrating your supply chain with your inventory control method is crucial for improving the consistency of your product supply.

Inventory 61

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Logility

SEPTEMBER 17, 2021

GSCM includes green initiatives to accomplish the ultimate goals: green materials, green production, reverse logistics, closed-loop supply chains, and green procurement and returns. Reverse logistics can be seen as the ultimate recycling process, managing goods from the point of consumption to their point of origin.

Waste Reduction 130

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Turvo

SEPTEMBER 3, 2020

A managed inventory depends heavily on teams and leaders that can communicate with each other to avoid operational issues, overstocking, or worse, running out of inventory when the customer is ready to buy. It all makes communication a vital part of maintaining a managed inventory. Think about it.

Inventory Reduction 69

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Cathy Roberson

JANUARY 9, 2023

The biggest retail challenges from the NRF and Appriss survey include the following: Self-service returns Damaged returns or policy abuse Re-processing goods at a warehouse on digital returns Indeed, a lot of work still needs to be done in reverse logistics. Tompkins Robotics – Expanded its reverse logistics capabilities in 2018.

Las Vegas 52

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SCMDOJO

JANUARY 17, 2024

Return Management, also known as reverse logistics, is a process where the customer returns the goods they purchased. Though it is a daunting task for the logistics team to manage the forward and reverse logistics, this is crucial for the company’s brand image and customer retention.

Inventory Reduction 86

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Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5

Supply Chain Planning Software 216

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GlobalTranz

DECEMBER 29, 2014

However, I encourage you to browse the entire logistics category so you may see the most recent posts as well, because typically, the earlier the post was published, the more views (but that is not always the case). What is Reverse Logistics and How Is It Different than Traditional Logistics? Read the full Post.

Logistics Network Optimization Software 243

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Intelligent Audit

JANUARY 19, 2023

With this demand in mind, shippers are searching for new strategies to refine their reverse logistics operations to streamline returns. What is reverse logistics, and why is it so costly for shippers? What Is Reverse Logistics? Also, managing the reverse logistics process can be complex.

Reverse Logistics 52

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GlobalTranz

FEBRUARY 13, 2017

To meet this increased demands, more manufacturing and logistics partners are looking for ways to shorten product lifecycles through improving inventory management systems, changing shipping strategies and altering the fundamental ways products move from point A to point B. Autonomous Trucks Will Drive Logistics Forward.

Resource Reduction 205

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GlobalTranz

JANUARY 19, 2018

You need to monitor inventory turnover, the carrying cost of inventory and the average inventory value, explains Paul Trujillo of Business 2 Community. The dependent values in these KPIs are derived from the following formulas: Inventory Turnover = The Cost of Total Goods Sold During a Period / Average Inventory Value.

Supply Chain Design Software 143

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SCMDOJO

FEBRUARY 6, 2024

One of the essential steps to reduce the lead time is to manage inventories in every form like raw material, semi-finished products, and final goods. Experts define inventory as a necessary evil. Therefore, it is essential to manage accurate inventory. However, inventory variation is a common scenario in a practical situation.

Inventory Management Software 83

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Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. In 2013, Target experienced a data breach that exposed the personal information of 40 million customers.

Supply Chain Planning Software 193

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Unleashed

OCTOBER 20, 2021

For example if you’re running a product-based business then inventory management is essential. From inventory tracking and safety stock levels to assembly, purchasing and shipping, getting inventory management right will increase your chances of success. Get your inventory management processes right from the start.

Inventory Management Software 52

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QAD

MARCH 14, 2023

Additionally, digital technologies can enable companies to track and manage inventory levels more effectively, which reduces waste and obsolescence. By implementing cloud-based platforms and other digital technologies, companies can share information and collaborate in real-time.

Supply Chain Software 94

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Supply Chain Game Changer

NOVEMBER 3, 2022

Financial Information Monitoring. Modern bookkeeping systems are a perfect tool for monitoring the financial information of your company that might help you improve supply chain cost control. Real-Time Information Sharing. Real-time information sharing is a critical element of supply chain management.

Supply Chain Planning Software 115

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ModusLink Corporation

MAY 25, 2022

This element makes the initial set-up process much easier whilst also simplifying continuous communication by streamlining the information transfer procedures through, for instance, correct API (Advanced Platform Integration) integrations. They sometimes offer real-time views in transport, inventory management, warehousing etc.

Reverse Logistics 78

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Supply Chain Game Changer

AUGUST 4, 2020

While people everywhere scramble to restore supply lines, logistics operations and continuity of supply the break downs in those Supply Chains must be addressed for the long term. If we do not take actions now, as informed by the lessons of the Coronavirus pandemic, history will repeat itself.

Video 128

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SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

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