GlobalTranz
FEBRUARY 25, 2021
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.
Logistics Viewpoints
DECEMBER 6, 2022
However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. Compare this to the 9% returns rate of purchases made in-store. Reverse logistics is difficult and costly. In the U.S, Who pays the price?
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Unleashed
AUGUST 18, 2021
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?
Enterra Insights
MAY 15, 2020
companies in many ways, and nearly three-fourths of them have seen their supply chain significantly affected.”[1] The pandemic exposes the vulnerability of companies that rely heavily on a limited number of trading partners. Reverse logistics: An inconvenient challenge. China tariff fight.” ”[2].
Operations and Supply Chain Management
FEBRUARY 28, 2024
Brick-and-mortar stores also allow shoppers to return unwanted purchases. Last year, I attended a three-day conference in Las Vegas conducted by the Reverse Logistics Association, a trade group whose members deal with product returns, unsold inventories and other capitalist jetsam. Petco takes back dead fish,” Demer said.
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.
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.
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