GlobalTranz

AUGUST 5, 2020

It’s easy to assume the reverse supply is solely based on returns. While this is partially true, all reverse logistics involve a backward flow of products that return to their origin, it’s not that simple. Returns may derive from buyer’s remorse, damage to items,read More.

Reverse Logistics 352

Reverse Logistics Data Supply Chain Transportation Management 352

Supply Chain Game Changer

AUGUST 20, 2020

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.

Reverse Logistics 98

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Enterra Insights

MAY 15, 2020

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]

Reverse Logistics 100

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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. What steps make up the reverse logistics process?

Reverse Logistics 98

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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. But why the fuss?

Reverse Logistics 52

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Intelligent Audit

DECEMBER 7, 2021

However, one must also consider the opposite side of the coin as retail reverse logistics are likely to come into play more than ever. What Is Reverse Logistics Cost Management? Proper management of this aspect of retail shipping and transportation relies upon accurate collection of historical data and past trends.

Reverse Logistics 52

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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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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

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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.

Reverse Logistics 52

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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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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. The applications of reverse logistics are broad.

Reverse Logistics 61

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Logistics Viewpoints

SEPTEMBER 8, 2023

to increase stake in India’s Flipkart H-E-B opens its biggest e-commerce fulfillment center ever NRF Announces Acquisition of Reverse Logistics Association Rockwell Automation announced it has signed a definitive agreement to acquire Ontario, Canada-based Clearpath Robotics. That’s all folks.

Logistics Network Optimization Software 233

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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. Is the product frequently being returned for the same reason? Usually the answer is, “Not really.”

Data 81

Data Logistics Network Optimization Software Predictive Analytics Software Purchasing Skills 81

GlobalTranz

FEBRUARY 24, 2021

Use Real-Time Data to Inform Your Returns Management Strategy. The ability to collect data is meaningless without the ability to analyze the data to inform data-driven business decisions. However, not all supply chains have the capacity or resources to aggregate the massive stores of data available.

Resource Reduction 276

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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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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

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

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Logistics Viewpoints

APRIL 1, 2024

Customers can also tap into a more complete and actionable data set across the multi-enterprise ecosystem by setting up alerts, benefitting from automation, and leveraging generative artificial intelligence (AI).” Blue Yonder is also aggressively hiring, building out, and rearchitecting its existing products.

Supply Chain Planning Software 217

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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.

Reverse Logistics 223

Reverse Logistics Material Savings Logistics Network Optimization Software Logistics 223

Cathy Roberson

OCTOBER 4, 2023

Cloud providers are working with partners and connecting platforms to create supply chain ecosystems in which carriers, logistics providers, and shippers collaborate. As supply chains take a more circular approach, the last-mile and reverse logistics have become critical additions to ecosystems.

Logistics Network Optimization Software 57

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The Logistics & Supply Chain Management Society

APRIL 19, 2023

In the Circular Economy, logistics is far more local, moves much smaller loads, and frequently consists of reverse logistics. Reverse logistics of used products from the consumer replaces (long-distance) transportation of new goods from manufacturing sites which can be seen in the Zalando example above.

Logistics Network Optimization Software 130

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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

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

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

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GlobalTranz

JULY 15, 2020

Reverse logistics efficiency is key to keep returns costs under control and building positive customer experiences. The post Applying Technology and Data to Increase Returns Efficiency appeared first on Transportation Management Company | Cerasis.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Reverse Logistics Data Transportation Management 263

Locus

OCTOBER 6, 2023

Reactive Tactics: A lack of structured, data-driven strategies leads to inefficiencies in returns management. The Ideal Reverse Logistics Wishlist Speedy, efficient returns processing. Quick reverse pickups. Considering a revamp of your reverse logistics? Enhanced customer satisfaction. Absolutely.

Reverse Logistics 52

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Intelligent Audit

DECEMBER 1, 2021

However, having the proper technology advancements and access to data insight can make the season easier to manage through data-driven decision-making. Shippers Need Data to Account for Higher-Than-Usual Reverse Flows. Added Benefits of Data-Driven Product Returns Management. What Is Product Returns Peak Season?

Procurement Analytics 52

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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. Manage Returns Thoroughly, Effectively.

Inventory Reduction 363

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

Enterra Insights

OCTOBER 22, 2021

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] 5] Constantinos Garoufalidis, “ What Is Reverse Logistics? Making the Best of a Growing Challenge. Footnotes. [1]

Waste Reduction 130

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Intelligent Audit

JANUARY 19, 2023

With this demand in mind, shippers are searching for new strategies to refine their reverse logistics operations to streamline returns. What is reverse logistics, and why is it so costly for shippers? What Is Reverse Logistics? Also, managing the reverse logistics process can be complex.

Reverse Logistics 52

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Cathy Roberson

JANUARY 9, 2023

Retail return rates for 2022 appear to be leveling off, according to data from the National Retail Association and research partner, Appriss. A number of logistics providers, carriers, and tech companies are introducing reverse logistics services and options. NRF and Appriss estimate $816.7

Las Vegas 52

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GlobalTranz

FEBRUARY 13, 2017

Today, the tech devices that entered the market in early 2016 are obsolescent, and more companies are looking for real-time data-driven decision making opportunities through the Internet of Things (IoT). As explained by Zvi Schreiber, CEO of Freightos, saving time for end users will be the cornerstone of all logistics operations in 2017.

Resource Reduction 205

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Veridian Solutions

MARCH 16, 2020

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Risk exists around data when it is incorrectly or inaccurately collected and shared. Challenges in Tracking Supply Chain Data in 2020. Supply Chain Data to Track Through 2020.

Supply Chain Strategy 59

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GlobalTranz

AUGUST 26, 2021

In addition, shippers were responsible for the whole of their operations, ranging from carrier negotiations through freight settlement and dispute resolution practices like reverse logistics. . Around-the-clock, anywhere access empowers global operations with advanced metrics and data. Reduced risk for damage to the freight.

Logistics Network Optimization Software 283

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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. Staffing Needs and Considerations.

Distribution 78

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DELMIA Quintiq

DECEMBER 14, 2021

Manufacturers utilize reverse logistics to recover waste from the consumer’s end, which can be processed and reused for different purposes and offset the manufacturer’s environmental impact. To achieve a circular economy, food manufacturers must transform their supply chains from linear to circular.

Waste Reduction 296

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The Logistics of Logistics

MAY 12, 2021

For retailers, this is an avenue where they can build more intimacy with their customers and capture more data and loyalty. Data is essential in the digital world since it allows the company to develop a buyer persona. Ecommerce companies have data, retailers don’t. Competitive pricing and good quality.

Retail 245

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 245

GlobalTranz

OCTOBER 19, 2018

Decentralized data is the hallmark of the blockchain, but companies working to develop in-house blockchain platforms will face a problem. If every company develops an in-house solution, it will be no better than the traditional means of tracking shipment data. Remember the reverse logistics supply chain use of blockchain.

Logistics Network Optimization Software 211

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