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

Trends 2022: Supply Chain

Enterra Insights

He explains, “In 2022, it’s going to be important that supply chain technology companies can really provide solutions that enhance connectivity and visibility.”[1] One of the inflationary trends driving up 2021 end-of-year prices was the cost of logistics. For example, the price to ship a container skyrocketed.

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Trends in Supply Chain Management & Logistics for 2022

Unleashed

We’ve read the market reports, trawled the internet and identified key areas of change, and here we break these down for you with 10 of the major trends we expect to see in this industry in 2022 and beyond. Any B2B business that still relies on sales reps, in-person meetings and phone calls may see itself fall behind as we move past 2022.

article thumbnail

Not So Happy Returns This Post-Holiday Season

Enterra Insights

According to Jay Sackos , Vice President at Dolly and a returns expert, “There’s no magic bullet when it comes to conquering reverse logistics.”[7] Sackos reports, “Many retailers have turned to third-party logistics providers. Dealing with Returned Items. They include: • Third-party partners. Footnotes. [1]

article thumbnail

Returns Management: Are You Not Making Money on Returns?

ModusLink Corporation

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.

article thumbnail

An E-Commerce Peak Season Checklist for Warehouse and Distribution 

ModusLink Corporation

In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) Peak season is known as the time when retailers record significant hikes in sales ( DCL, 2022 ). Reverse logistics and an inevitable load of return orders also impact e-commerce performance and planning with warehouse and distribution logistics.

article thumbnail

Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

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 March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.