Enterra Insights

OCTOBER 21, 2021

According to journalist Elaine Dopson, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[2]. Today’s complicated returns processes more often than not involve reverse logistics, which can be a real headache for retailers.

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Logistics Viewpoints

JUNE 1, 2023

The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

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.

Reverse Logistics 52

Reverse Logistics Inventory Reduction Logistics Network Optimization Software Supply Chain Design Software 52

BlueYonder

JANUARY 16, 2024

Data can change your business, if it’s used in the right way. I want to talk about how a specific subset of retail customer data is insanely important and underutilized to deal with one of the biggest cost pressures in retail: returns. Should we offer them a discount if they return in-store on their next purchase?

Data 80

Data Logistics Network Optimization Software Predictive Analytics Software Purchasing Skills 80

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] Get Consumers to Keep What They Purchase.

Waste Reduction 130

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

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

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Let’s take a closer look at the current problem and its possible solutions.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

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. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

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

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

OCTOBER 19, 2018

Fewer users of the software diminish its ability to reduce fraud, increase trust, speed international shipments, and save money, says APPSeCONNECT. How Surface Mode Shippers Can Compete in E-Commerce Logistics. If every company develops an in-house solution, it will be no better than the traditional means of tracking shipment data.

Logistics Network Optimization Software 211

Logistics Network Optimization Software Demand Planning Software Supply Chain Software Material Savings 211

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

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

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

ModusLink Corporation

NOVEMBER 23, 2022

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. With the rising popularity of online ordering, the need for reliable digital shipping logistics and services is more vital than ever. What Is E-Commerce Peak Season? NRF, 2022).

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

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. Think Outside-the-Box. Manage Returns Thoroughly, Effectively.

Inventory Reduction 363

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

SCMDOJO

JANUARY 17, 2024

With the increase in online purchases, especially after the health crisis of the COVID-19 pandemic, the eCommerce industry is booming like anything. Most eCommerce and online businesses focus on forwarding logistics and last-mile delivery to reduce delivery time. The bad news is that almost 30% of online purchases are returned.

Inventory Reduction 86

Inventory Reduction Supply Chain Planning Software Material Savings Cost Reduction Strategies 86

GlobalTranz

OCTOBER 2, 2018

As e-commerce continues to expand, shippers must adapt to the changing needs of consumers and accommodate returns rates of up to 400-percent than that of traditional, brick-and-mortar purchases. This is due to the higher rate of returns associated with e-commerce purchases. Get E-Commerce solutions. LEARN MORE.

Logistics Network Optimization Software 198

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

Intelligent Audit

AUGUST 5, 2022

While data remained elusive in recent years, UPS found a unique fact in 2018. In other words, 2022 has created the perfect scenario for a pre-Christmas peak within the reverse logistics supply chain. How Shippers Can Reduce Risk With Actionable Data. But data is a tricky subject.

Reverse Logistics 52

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

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.

Reverse Logistics 223

Reverse Logistics Material Savings Logistics Network Optimization Software Logistics 223

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. However, as the data suggests, more and more customers want to buy from brands directly and want them to solve any challenges that arise post-purchase.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies SCM Supply Chain Strategy 52

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

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

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 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

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

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Read also: Tackling Vehicle Idling in Last-Mile Logistics 4. Reverse logistics costs: Returns and product replacements significantly impact operational costs.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

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

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

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 .

Logistics Network Optimization Software 52

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

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

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

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

Unleashed

DECEMBER 4, 2018

This also makes it easier to employ forecasting software and to predict future demand. By offering real-time data from the supply chain, multichannel businesses lessen the risk of unfulfillable orders and decreased customer satisfaction. Ensuring reverse logistics policies. Focusing on customer experience.

Inventory 61

Inventory Logistics Network Optimization Software Forecasting Software Demand Planning Software 61

Elementum

DECEMBER 20, 2017

Along with more purchases this season, consumer reports predict more returns — and most retailers' disorganized strategy for dealing with them will both sacrifice profit and send thousands of packaged, unused items to landfills. People took notice: some 60% of holiday shoppers say a majority of their weekend purchases were driven by sales.

Material Savings 76

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

Supply Chain Game Changer

MARCH 9, 2021

That is the purview of Procurement. From new product planning to reverse logistics and everything in between Supply Chain business processes are the lifeblood of any organization. This includes 3rd party relationships with material and service suppliers, logistics carriers, and channels of all kinds.

Supply Chain Planning Software 90

Supply Chain Planning Software Negotiating Skills Supply Chain Design Software Purchasing Skills 90

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