Intelligent Audit

FEBRUARY 23, 2022

Do you know how many total returns your company receives on a given day or month or even how much it costs to accept and handle your returns? Most, if not all, companies have yet to unlock the mysteries around reverse logistics. Reverse logistics processes are often difficult to measure, labor-intensive, and costly.

Reverse Logistics 52

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Logistics Viewpoints

DECEMBER 6, 2022

Reverse logistics is difficult and costly. The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. Moving Forward: Reverse Logistics Technology. Compare this to the 9% returns rate of purchases made in-store. Who pays the price?

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GlobalTranz

JUNE 18, 2015

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals.

Reverse Logistics 120

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Cathy Roberson

SEPTEMBER 12, 2022

I missed sending out a post last week and really am sorry about that but…here’s my excuse…I was at the Reverse Logistics Association (RLA) Leadership Conference last week. Reverse logistics is a fascinating part of supply chains that tends to get overlooked by many. Hey there! by industry and lots more.

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Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

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Supply Chain Game Changer

NOVEMBER 7, 2018

And then at some point all of these activities were included under the banner of “Reverse Logistics” What on earth is Reverse Logistics? So What Is Reverse Logistics? The term “Reverse Logistics” was first coined by James R. And Why Is Reverse Logistics Important?

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Intelligent Audit

AUGUST 18, 2021

Reverse logistics planning has always been an essential aspect of supply chain operations and inventory management, but its impact may surpass anything seen in the modern transportation industry. The Challenge of Reverse Logistics Planning and the Holiday Shopping Season.

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GlobalTranz

JULY 20, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. BONUS: Download the Ultimate Guide to Transportation Reverse Logistics White Paper.

Reverse Logistics 120

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Supply Chain Game Changer

NOVEMBER 14, 2018

Blog post originally published by Expak Logistics on [link] Permission to publish here provided by Morgan Dixon. For many companies, reverse logistics has become an integral part of their business plan, offering them the ability to maximize the efficiency of their operations. 3PLs Make Return Logistics Easier.

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GlobalTranz

SEPTEMBER 2, 2015

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts , materials and products from the consumer back to the producer. 5 Benefits of Reverse Logistics Management for Asset Recovery.

Reverse Logistics 120

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Veridian Solutions

AUGUST 7, 2018

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction. WMS Implementation Pre-Design: Challenge the Status Quo.

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The Logistics of Logistics

MAY 6, 2022

In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. He draws on a career building, advising, and investing in supply chain companies. About Ben Gordon. 3PLex was then purchased by Maersk. About Cambridge Capital.

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GlobalTranz

FEBRUARY 24, 2021

As also reported by Accenture , “To help leaders use insights to respond with confidence, companies should use a logistics control tower to get a real-time view of operations. This will require integrating logistics market information (e.g., This will require integrating logistics market information (e.g.,

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Supply Chain Game Changer

NOVEMBER 23, 2018

Check out What Exactly Is Reverse Logistics? The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Subscribe Here! Email Address. The Challenges.

Optimal Sourcing 43

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Logistics Bureau

JULY 18, 2018

It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. This also qualifies as reverse logistics.

Reverse Logistics 40

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ModusLink Corporation

MARCH 30, 2023

Today’s supply chain companies need to make money on returns. 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.

Sourcing Strategies 78

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Enterra Insights

OCTOBER 21, 2021

Today’s complicated returns processes more often than not involve reverse logistics, which can be a real headache for retailers. Ryan Semrow, Product Owner for Reverse Logistics at C.H. Robinson, explains, “Reverse logistics refers to any portion of the reuse of products and materials in a supply chain.

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The Logistics of Logistics

APRIL 10, 2021

In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverse logistics, and fulfillment. He draws on a career building, advising, and investing in supply chain companies. About Ben Gordon. 3PLex was then purchased by Maersk. About Cambridge Capital.

Logistics Network Optimization Software 147

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ToolsGroup

SEPTEMBER 25, 2019

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . Drivers of supply chain planning digitization vary significantly by company, with 42% identifying increased operational efficiencies (e.g. BOSTON, Mass.

Supply Chain Planning Software 136

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Supply Chain Cowboy

JULY 7, 2014

One of the issues many growing companies face is obsolete inventory and customer returns. In this episode of the Supply Chain Cowboy Podcast, I talk with Curtis Greve to get his expert advice on how best to handle reverse logistics. Reverse logistics are kind of funny in that they tend to fly under the radar.

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Locus

NOVEMBER 28, 2023

Returns, in the context of logistics, is the process of moving goods from their final destination back to the manufacturer or point of origin for multiple reasons. Efficiently managing returns, also known as reverse logistics, is imperative for maintaining customer relations, sustainable practices, and overall economic viability.

Cost Reduction Strategies 52

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GlobalTranz

OCTOBER 2, 2017

This is the cornerstone of all modern logistics strategies , regardless of whether it is direct to consumer or business-to-business sales. Traditional standards of delivery do not work effectively in modern last mile logistics strategies. Think Outside-the-Box.

Inventory Reduction 363

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Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

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Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. Returns management vs. reverse logistics Returns management refers to managing the entire returns process.

Inventory Management Software 52

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GlobalTranz

MAY 26, 2021

Many people associate reverse logistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverse logistics,” it is important to understand the history of reverse logistics, the benefits of reverse logistics and why it’s a rising practice, especially in aftermarket industries.

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SCMDOJO

JANUARY 17, 2024

Return Management, also known as reverse logistics, is a process where the customer returns the goods they purchased. The company arranges to pick up the items from the end buyer and take them to the warehouse. Often companies delegate this task to any Third-party logistics (3PL). The process does not end here.

Inventory Reduction 86

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Vinculum

JANUARY 13, 2022

UAE companies are experiencing explosive growth in e-commerce. Perhaps you already have a brick-and-mortar business, but you’re having trouble synchronizing your inventory and orders? It’s not just about speeding up inventory turnaround; it’s also about synchronizing your orders, inventory, and logistics.

UAE 52

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Cathy Roberson

JANUARY 9, 2023

The biggest retail challenges from the NRF and Appriss survey include the following: Self-service returns Damaged returns or policy abuse Re-processing goods at a warehouse on digital returns Indeed, a lot of work still needs to be done in reverse logistics. Tompkins Robotics – Expanded its reverse logistics capabilities in 2018.

Las Vegas 52

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Unleashed

DECEMBER 4, 2018

With better inventory control and optimised management, your multichannel operation can perform at a higher level and meet customer expectations. Integrating inventory control with suppliers. Integrating your supply chain with your inventory control method is crucial for improving the consistency of your product supply.

Inventory 61

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ModusLink Corporation

NOVEMBER 23, 2022

Reverse logistics and an inevitable load of return orders also impact e-commerce performance and planning with warehouse and distribution logistics. Reverse logistics and returns are often overlooked and expected as part of the cost of doing business. Inventory Logistics and Planning.

Distribution 78

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GlobalTranz

AUGUST 4, 2021

These concerns are driving many US companies to consider reshoring to limit potential vulnerabilities.” Poor granularity means shippers do not know where to prioritize their fulfillment strategies, and that may be more likely to disproportionately distribute inventory. Traditional Inventory Replenishment Strategies No Longer Work.

Supply Chain Risk Management 288

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The Logistics of Logistics

OCTOBER 26, 2020

Robert Cadena and Joe Lynch provide an introduction to 3rd party logistics. 3rd party logistics services include 5 major categories: 1.) Logistics 4.) Since the competition for the best talent is fierce companies need an edge that will help them win. based companies set up satellite offices in Colombia.

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GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Meanwhile, Brazil, Russia and India will become major suppliers as companies access the remaining untapped resources of the world. Organizations Will Streamline Reverse Logistics.

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GlobalTranz

DECEMBER 29, 2014

If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Read the full Post.

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Enterra Insights

DECEMBER 26, 2022

The SupplyChainBrain staff reports, “Many companies during the pandemic worked to make online returns easy and free to appeal to homebound customers, fueling a habit of buying several items at once and returning unwanted items. .” Sackos reports, “Many retailers have turned to third-party logistics providers.

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Intelligent Audit

JANUARY 19, 2023

Also, 79 percent of consumers surveyed expressed the desire for free return shipping, and the majority (92 percent) stated they would purchase again if the return process of a company were easy. Companies can learn a lot about how to satisfy customers by paying attention to these statistics. What Is Reverse Logistics?

Reverse Logistics 52

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Logistics Viewpoints

SEPTEMBER 16, 2021

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

Supply Chain Risk Management 216

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