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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.

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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?

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10 Best Practices in Parcel Reverse Logistics

Intelligent Audit

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 ?

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Choosing a Fulfillment Partner

ModusLink Corporation

They sometimes offer real-time views in transport, inventory management, warehousing etc. When reviewing the integration possibilities, consider aspects such as Omnichannel Integration (price/delivery/transport/warehousing etc.), Reverse Logistics and Performance. Warehouse Locations.

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5 Ways To Ace Last-Mile Reverse Logistics

Locus

In 2020, the total returns in the US accounted for $428 billion in lost sales, which was a whopping $761 billion in 2021. There was a 178% jump in merchandise returned between 2020 and 2021. The total returns in terms of lost sales in 2021 were larger than the US federal government’s national defense spending in 2020.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Returns management involving the implications on inventory and reverse logistics is emerging as an integral part of the end-to-end supply chain planning challenge. in 2021 compared to the year before. While supply chain compromises accounted for 1% of the intrusions in 2021, they rose to 17% in 2022.

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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