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What Is Reverse Logistics’ Role in 2020 Supply Chain Trends

GlobalTranz

As customers continue to shop online through the remainder of the year, the demand on reverse logistics—particularly the process of managing returns—will skyrocket. The global reverse logistics market is forecast to hit US$603.90 billion by 2025,read More. It’s the same story; customers want more and more.

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The Reverse Logistics Role in Supply Chain Trends!

Supply Chain Game Changer

What Exactly Is Reverse Logistics? Reverse logistics role article and permission to publish here provided by Kevin Jessop at cerasis.com. As customers continue to shop online the demand on reverse logistics—particularly the process of managing returns—will skyrocket. Subscribe Here! Email Address.

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The Impact of the Coronavirus Crisis on Reverse Logistics

Enterra Insights

Therefore, reverse logistics companies are preparing for managing the influx of returned or replaced items during this time.”[2]. Reverse logistics: An inconvenient challenge. Journalist Maghan McDowell ( @maghanmcd ) calls returns (aka reverse logistics) “an inconvenient challenge” for retailers.[3]

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Reverse Logistics for the Holidays

3PL Insights

The global reverse logistics market is expected to grow to $603 billion by 2025, so developing a strong reverse logistics strategy is important. What is Reverse Logistics? Reverse logistics is returning a product from the end user back to the supplier, manufacturer, or distributor.

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The Top Three Keys to Creating an Exceptional Customer Experience during National Returns Week

Logistics Viewpoints

The logistics of transporting and warehousing returns is a necessary evil for retailers aiming to satisfy and delight consumers. According to Allied Market Research, the returns market is forecast to reach $822B by 2025. Accurately tracking returns back to the correct customers is very important in reverse logistics.

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The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. As explained by Zvi Schreiber, CEO of Freightos, saving time for end users will be the cornerstone of all logistics operations in 2017. Organizations Will Streamline Reverse Logistics.

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Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

GlobalTranz

Remember the reverse logistics supply chain use of blockchain. Reverse logistics will also see gains through blockchain technology. By 2025, it will double in value and become a more significant portion of the overall retail picture.