Remove 2021 Remove Metrics Remove Reverse Logistics Remove Sourcing
article thumbnail

Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

article thumbnail

Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. in 2021 compared to the year before. Here are some highlights from these trends in 2023 and implications on supply chain planning.

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 Chains and the Circular Economy, Part 2

Enterra Insights

Businesses need to: Drive planning processes that strive to reduce emissions and satisfy demand with sustainable, ethically-sourced supply. There are a few ways companies are able to achieve this goal using reverse logistics and returns management. ” Harvard Business Review, 15 June 2021. [2] ” Implement.

article thumbnail

Sustainable eCommerce: Examples of Environmentally Friendly Online Retail

Ware2Go

This likely does not account for the impact of reverse logistics. Oceana reports that Amazon’s plastic packaging waste jumped 18% from 2021 to 2022, contributing to the problem of littering the world’s oceans ( 33 billion pounds of plastic enter the ocean every year). In 2022 alone, eCommerce returns generated 9.5

article thumbnail

Sustainable eCommerce: Five Brands Leading the Way

Ware2Go

This likely does not account for the impact of reverse logistics. Besides their organically sourced ingredients, which naturally put less strain on the environment than conventionally farmed ingredients, they also provide food to communities in need and support nonprofits that provide much needed services in underserved areas.

article thumbnail

Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

Big business are jumping on the bandwagon too – utilizing collaborative distribution, reverse logistics and cooperative sourcing to lower costs, improve efficiency and better optimize their supply chain. WEF says by 2021, the automated workforce will reach its tipping point into mainstream and become the norm.

article thumbnail

How New Supply Chain Technologies Are Boosting Efficiency

ShipBob

Machine learning takes demand forecasting to the next level by enhancing real-time information by aggregating data from multiple internal and external sources, including the use of demographics, weather, online reviews, and even social media (e.g., brand mentions). . Artificial intelligence (AI). Manuel de la Cruz, CEO at Boie .