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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. Why is reverse logistics important?

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. In March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.

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Not So Happy Returns This Post-Holiday Season

Enterra Insights

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S. ”[2].

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

But now we have entered a new era of logistics that requires technological adoption and strategic execution. Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. At the end of the year, businesses have learnt a lot of lessons in logistics. Billion in 2018 and is projected to reach USD 10.78

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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 returns are often overlooked and expected as part of the cost of doing business. NRF, 2022).

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Returns Management: Are You Not Making Money on Returns?

ModusLink Corporation

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.

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Why Returns Happen More Around Peak Season and What to Do About Them

Intelligent Audit

Carriers begin to implement changes to their surcharge schedules, and shippers look for ways to get the most customers at the lowest cost without sacrificing product or service quality. Those are usual worries in any year, but the 2022 peak shipping season is shaping up differently. How the 2022 Peak Results in an Even HIGHER Risk.