Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1]

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

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.

Reverse Logistics 52

Reverse Logistics Supply Chain Planning Software Supply Chain Planning Logistics Network Optimization Software 52

Intelligent Audit

FEBRUARY 23, 2022

Most, if not all, companies have yet to unlock the mysteries around reverse logistics. Reverse logistics is everything that happens after a sale, according to the Reverse Logistics Association (RLA), including the following: Returns Repair/refurbishment Repackaging Resell Reuse Recycling. the year prior. .

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Logistics Optimization Software 52

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

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

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

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Organizations Will Streamline Reverse Logistics.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

The Logistics of Logistics

MAY 12, 2021

Guy Courtin is Vice President and Industry Principal of Retail at Tecsys, a global provider of supply chain solutions that equip the borderless enterprise for growth. Guy Courtin is Vice President and Industry Principal and Retail at Tecsys , a global provider of supply chain solutions that equip the borderless enterprise for growth.

Retail 245

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 245

GlobalTranz

OCTOBER 2, 2017

According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. An effective last mile logistics strategy must be focused on consumer needs. Be Consumer-Centric. Measure Performance.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

Logistics Viewpoints

JANUARY 4, 2022

Each year in the United States, the return of goods purchased for the holidays usually peaks on one day in early January; the volume is so significant the day has been designated National Returns Day. This year, due to an increased number of e-commerce purchases, retailers and shippers will experience National Returns Week.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Design Software Forecasting Software Predictive Analytics Software 216

GlobalTranz

DECEMBER 29, 2014

However, I encourage you to browse the entire logistics category so you may see the most recent posts as well, because typically, the earlier the post was published, the more views (but that is not always the case). What is Reverse Logistics and How Is It Different than Traditional Logistics? Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Intelligent Audit

NOVEMBER 12, 2020

Now, the survey didn’t necessarily emphasize that companies were moving toward logistics analytics. But it did indicate that the overwhelming majority, 81% of simplifying payment processing , while 74% focus more on outsourcing logistics and transportation services. Analytics Must Offer Actionable Insights.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Procurement Analytics Analytics Software Analytics 52

GlobalTranz

OCTOBER 2, 2018

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. This is due to the higher rate of returns associated with e-commerce purchases. Going back to reverse logistics, consumers expect a hassle-free, cost-free returns process.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Vendor Strategies Cost Reduction Strategies 198

ModusLink Corporation

MARCH 30, 2023

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.

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78

ModusLink Corporation

NOVEMBER 23, 2022

In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) With such drastically different challenges year over year, shippers and BCOs must bolster their business health by focusing on end-to-end e-commerce solutions.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

TransAudit

DECEMBER 13, 2023

Teams must fully understand the concept and goals, and be equipped with the tools to enact change. Capturing value after the initial use is not generally part of the process and processes are not designed for reverse logistics in many cases. Work with data solution providers to meet emerging transparency regulations.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Read also: Tackling Vehicle Idling in Last-Mile Logistics 4.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. In fact, according to a recent report by Mordor Intelligence, the Indian D2C market size was estimated to be at $55 billion in 2022.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies SCM Supply Chain Strategy 52

Intelligent Audit

AUGUST 5, 2022

While data remained elusive in recent years, UPS found a unique fact in 2018. million returns before the Christmas holiday, reported Tom Ryan of RetailWire. In other words, 2022 has created the perfect scenario for a pre-Christmas peak within the reverse logistics supply chain. But data is a tricky subject.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Procurement Solutions Demand Planning Software 52

Cathy Roberson

APRIL 6, 2022

Despite the number of visibility tools available on the market today, “lack of visibility” continues to be a common complaint in the supply chain market. Are today’s visibility tools missing something? What's missing, if anything, from visibility tools?” But what exactly is visibility?

Real-time Visibility 52

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Locus

FEBRUARY 22, 2022

Order management software (OMS) helps bridge the gap between supply chain management, and customer experience to ensure successful delivery experiences. OMS is often a standalone software application integrated with ERP systems that deliver consistent customer service by automating every step of the product journey.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Inventory Management Software 52

GlobalTranz

JANUARY 21, 2019

According to Steve Banker via Forbes , Amazon’s purchase of Whole Foods positioned the company to corner the omnichannel area , and Amazon went a step further. This the result of more purchases completed online following an in-store promotion, but it proves the value of the brick-and-mortar location in pushing e-commerce sales higher.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

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. With this demand in mind, shippers are searching for new strategies to refine their reverse logistics operations to streamline returns.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Optimization Software Analytics Software 52

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52

Elementum

DECEMBER 20, 2017

The National Retail Federation reports that this year more than 174 million Americans shopped from Thanksgiving through Cyber Monday (a mere five day window), exceeding their projection of 164 million. In a survey conducted by The Daily Mail, 42% of women reported having returned gifts from their husbands. National Returns Day”.

Material Savings 76

Material Savings Supply Chain Design Software Supply Chain Design Supply Chain Strategy 76

GlobalTranz

AUGUST 18, 2015

Less than two decades ago, the concept of 3rd Party Logistics Companies were relatively unknown. Trucking companies expanded into providing wholesome solutions for small to mid-sized businesses (SMBs), and shipping intermediaries were trying to make shippers collaborate to move existing shipments towards capacity per haul.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Analytics Software Company Predictive Analytics Software 120

GlobalTranz

DECEMBER 7, 2015

Manufacturers will seek custom (or specifically tailored) e-commerce solutions. A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Shipchain

OCTOBER 10, 2019

Systems must have the capability to share data freely, and with the rising complexity of modern supply chains, data sharing can be problematic. Moreover, data sharing is only as valuable as the timeliness of data, so the demand for real-time information has grown dramatically.

Supply Chain Visibility 48

Supply Chain Visibility Real-time Visibility Supply Chain Software Supply Chain Optimization 48

Locus

OCTOBER 19, 2021

It is difficult for patients to track the purchase and consumption of prescriptions in larger quantities for a definitive period. Same-day prescription deliveries help them track and manage the purchase and consumption of their medications in larger quantities. Lesson learned: Improve reverse logistics capabilities.

Pharmaceutical 52

Pharmaceutical Logistics Network Optimization Software Optimization Software Modeling 52

Locus

DECEMBER 22, 2021

Find out the most important logistics trends that could impact supply chains in 2022. From 2022, we can see a steady rise in enterprise businesses investing in last-mile delivery software. Global Last Mile Delivery Software Market was valued at USD 5.38 Optimized reverse logistics . But things have changed today.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

GlobalTranz

FEBRUARY 25, 2016

as a result, modern supply chain entities must be willing to transition to a circular supply chain, which includes the entire reverse logistics process , in order to continue to grow and become sustainable in a future without an unlimited supply of resources. Merging of Services and Products. Barriers to the Circular Supply Chain.

Supply Chain Software 120

Supply Chain Software Supply Chain Strategy Supply Chain Supply and Demand 120

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

GlobalTranz

AUGUST 28, 2018

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. This is why blockchain in reverse logistics go well together.

Reverse Logistics 121

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 121

Inmar

JUNE 28, 2019

Even if you’re not throwing a warehouse party on National Logistics Day, there’s a lot to consider about how reverse logistics impact the bottom line in the evolving e-commerce economy. New purchase practices. However, it’s not simply that shoppers are making more purchases that’s driving increased returns volume.

Procurement Analytics 55

Procurement Analytics Purchasing Skills Procurement Solutions Survey 55

Inmar

JUNE 28, 2019

There’s a lot to consider about how reverse logistics impact the bottom line in the evolving e-commerce economy. Although the logistics burden of higher rates of e-commerce returns is not the happiest picture, the truth is that returns are neither a necessary evil nor indication of customer dissatisfaction. Increasing returns.

Procurement Analytics 53

Procurement Analytics Purchasing Skills Procurement Solutions Survey 53