Intelligent Audit

DECEMBER 7, 2021

Ahead of the looming peak season and holiday shipping crunch, the majority of the focus within the industry is seemingly on sales and the forward movement of shipments and products. However, one must also consider the opposite side of the coin as retail reverse logistics are likely to come into play more than ever.

Reverse Logistics 52

Reverse Logistics Cost Reduction Strategies Purchasing Skills Logistics Network Optimization Software 52

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

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

Intelligent Audit

AUGUST 18, 2021

Reverse logistics planning has always been an essential aspect of supply chain operations and inventory management, but its impact may surpass anything seen in the modern transportation industry. The Challenge of Reverse Logistics Planning and the Holiday Shopping Season.

Reverse Logistics 52

Reverse Logistics Supply Chain Planning Software Supply Chain Planning Logistics Network Optimization Software 52

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. She reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[2] Get Consumers to Keep What They Purchase.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

Logistics Viewpoints

JUNE 1, 2023

The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

The Logistics of Logistics

MAY 6, 2022

Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supply chain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. 3PLex was then purchased by Maersk. Returns and reverse logistics.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Trends Reverse Logistics Supply Chain Software 195

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

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Your competitors are shipping orders at a faster rate than your warehouses can achieve. Your inventory turns ratio is low.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

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

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Logistics Viewpoints

JANUARY 4, 2022

Each year in the United States, the return of goods purchased for the holidays usually peaks on one day in early January; the volume is so significant the day has been designated National Returns Day. This year, due to an increased number of e-commerce purchases, retailers and shippers will experience National Returns Week.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Design Software Forecasting Software Predictive Analytics Software 216

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Game Changer

NOVEMBER 23, 2018

Check out What Exactly Is Reverse Logistics? The Solution. Configured a highly structured and efficient reverse logistics program to supplement demand inventory and reduce sourcing costs. Subscribe Here! Email Address. Blog post, and permission to publish, provided by ModusLink. The Challenges.

Optimal Sourcing 43

Optimal Sourcing Reverse Logistics Case Study Modeling 43

GlobalTranz

JANUARY 21, 2019

We will delve into what will set third-party logistics providers apart in the coming year, and what to expect as e-commerce continues to merge with brick-and-mortar retail. We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Autonomous Trucks Will Drive Logistics Forward. Autonomous trucks do not require drivers.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

The Logistics of Logistics

APRIL 10, 2021

Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supply chain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. 3PLex was then purchased by Maersk. Returns and reverse logistics.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Trends Reverse Logistics Logistics 147

GlobalTranz

OCTOBER 2, 2018

As e-commerce continues to expand, shippers must adapt to the changing needs of consumers and accommodate returns rates of up to 400-percent than that of traditional, brick-and-mortar purchases. This is due to the higher rate of returns associated with e-commerce purchases. Get E-Commerce solutions. LEARN MORE.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

ModusLink Corporation

NOVEMBER 23, 2022

With such drastically different challenges year over year, shippers and BCOs must bolster their business health by focusing on end-to-end e-commerce solutions. With the rising popularity of online ordering, the need for reliable digital shipping logistics and services is more vital than ever. What Is E-Commerce Peak Season?

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

GlobalTranz

OCTOBER 2, 2017

One of the first problems with creating a last mile logistics strategy is cost. According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. Think Outside-the-Box. Measure Performance.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

ModusLink Corporation

MARCH 30, 2023

According to data shared by Vue.AI , “more than 60% of online shoppers say that they look at a retailer’s return policy before making a purchase. Unlike the forward view, reverse logistics follow the opposite process. Reverse Logistics and Returns Management Are an Opportunity for Profit.

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78

Cathy Roberson

MARCH 21, 2022

Technology provider Google launched Last Mile Fleet Solution on March 17 to provide last-mile fleet operators with real-time routing and tracking capabilities. A Pitney Bowes study forecasts ecommerce shipments to double by 2026 and that 90% of US consumers expect free two-to-three-day shipping.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Optimization Software Inventory Management Software 52

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

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Intelligent Audit

AUGUST 5, 2022

As August returns, shippers’ concerns over the big show—the holiday peak shipping season—begin to come to life. Those are usual worries in any year, but the 2022 peak shipping season is shaping up differently. In other words, 2022 has created the perfect scenario for a pre-Christmas peak within the reverse logistics supply chain.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Procurement Solutions Demand Planning Software 52

GlobalTranz

MAY 26, 2021

Many people associate reverse logistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverse logistics,” it is important to understand the history of reverse logistics, the benefits of reverse logistics and why it’s a rising practice, especially in aftermarket industries.

Reverse Logistics 223

Reverse Logistics Material Savings Logistics Network Optimization Software Logistics 223

ModusLink Corporation

NOVEMBER 18, 2021

Four fundamental practices: Based on (Ali Esfahbodi, 2016) research, Chinese and Iranian governments have focused their fight for SSCM based on four fundamental practices: sustainable procurement, sustainable production along with sustainable distribution , and reverse logistics. reverse logistics in a circular economy.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Intelligent Audit

JANUARY 19, 2023

Also, 79 percent of consumers surveyed expressed the desire for free return shipping, and the majority (92 percent) stated they would purchase again if the return process of a company were easy. With this demand in mind, shippers are searching for new strategies to refine their reverse logistics operations to streamline returns.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Optimization Software Analytics Software 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. This phase isn’t just a logistical necessity—it swallows up between 40-55% of total shipping costs. Read also: Tackling Vehicle Idling in Last-Mile Logistics 4.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Cathy Roberson

NOVEMBER 10, 2021

There’s been a number of technology solutions to enter the market to help speed up and lower the cost of processing returns. In addition, there’s been a number of outsourced solutions from 3PLs and other solution providers. between 2018 and 2020, $389 million to $522 million. Not a good thing to do.

Purchasing Skills 57

Purchasing Skills Reverse Logistics Supply Chain Optimization Supply Chain Software 57

Intelligent Audit

JANUARY 9, 2023

To help shippers save on costs in an increasingly expensive reverse logistics marketplace, FedEx has announced plans to launch a consolidated returns service. To help shippers save on costs in an increasingly expensive reverse logistics marketplace, FedEx has announced plans to launch a consolidated returns service.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Negotiating Skills Transportation Purchasing Skills 52

Enterra Insights

DECEMBER 26, 2019

.”[1] In simpler times, shoppers would return items to the stores in which they were purchased — often exchanging them for other items (a win-win for both the consumer and the retailer). E-commerce has forever changed the reverse logistics formula. These standards have been adopted en masse by retailers.

Reverse Logistics 100

Reverse Logistics Purchasing Skills Manufacturing Procurement Waste Reduction 100

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Locus

DECEMBER 22, 2021

Find out the most important logistics trends that could impact supply chains in 2022. With last-mile delivery costs contributing to more than 50% of total shipping costs, the rising expectations in home delivery increases the risk of encountering inefficiencies. Global Last Mile Delivery Software Market was valued at USD 5.38

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Enterra Insights

DECEMBER 28, 2020

. … The overall rate of returns is growing about 10% annually, which is straining storage space as the reverse logistics process can require 15% to 20% more space than outbound logistics.”[2] Retailers that regularly pay return shipping fees can cut down on costs as well. ”[5].

Reverse Logistics 100

Reverse Logistics Policies Purchasing Skills Procurement Analytics 100

20Cube Logistics

JANUARY 16, 2022

It’s odd to imagine that only three years ago most people made purchases in store. As e-commerce sales soar, there is more responsibility for logistics and supply chains. E-commerce has seen an increase in consumers demanding two main factors: lower costs and faster shipping times. smarter solutions are needed.

Modeling 54

Modeling Demand Planning Software Supply and Demand Logistics Network Optimization Software 54

Unleashed

JUNE 14, 2022

Ecommerce fulfilment is the logistics required in order to get your products to the people who have purchased from you. Returns are also a key part of fulfilment – commonly referred to as reverse logistics. Order processing when a purchase is made online. Arrangements for shipping after an order is made.

Inventory Reduction 98

Inventory Reduction Material Savings Resource Reduction Cost Reduction Strategies 98

Elementum

DECEMBER 20, 2017

Along with more purchases this season, consumer reports predict more returns — and most retailers' disorganized strategy for dealing with them will both sacrifice profit and send thousands of packaged, unused items to landfills. Last year UPS alone predicted that it would ship 5 million packages back to retailers in the first week of January.

Material Savings 76

Material Savings Supply Chain Design Software Supply Chain Design Supply Chain Strategy 76

Ware2Go

APRIL 11, 2023

This likely does not account for the impact of reverse logistics. The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers.

Examples 52

Examples Sustainability Purchasing Skills Retail 52