article thumbnail

What is Reverse Logistics?

GlobalTranz

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.

article thumbnail

Target Reverse Logistics: Start With the Top Challenges in the Reverse Supply Chain

GlobalTranz

Establishing clear channels for the routing of reverse logistics represents a significant challenge in the modern supply-chain. Organizations that successfully target reverse logistics challenges can streamline the returns management process and lower total freight spend.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is Reverse Logistics?

Freight Center

Most people are familiar with the traditional supply chain operation. Freight cargo moves from seller or manufacturer to the end customer, sometimes with the help of a third-party logistics company and sometimes handled internally through a large corporation. But the freight shipping world isn’t so cut and dry.

article thumbnail

Calling Reverse Logistics Startups – RLA to host Startup Competition

Cathy Roberson

(photo credit: depositphotos.com) According to consulting firm McKinsey, funding for logistics startups almost doubled in 2021 compared to 2020. In total, McKinsey estimates that $80 billion in funding was made in logistics startups in 2021. · Increased costs “driven by cost of freight.”

article thumbnail

Reverse Logistics – What Happens to Stuff We Return?

Operations and Supply Chain Management

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. These will all end up at the discount chain Ollie’s, where they’ll sell for maybe half of what a new one costs,” said Adamson.

article thumbnail

Supply Chain Risk Management : The Challenges Driving Increased Interest in Managed Service

GlobalTranz

Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Market Volatility Continues to Undermine Supply Chain Risk Management.

article thumbnail

Using Reverse Logistics to Increase Customer Satisfaction

Freight Center

We’re coming into that crazy shipping time of the year and that means small business operators and supply chain managers everywhere may be pulling their hair out. To increase customer satisfaction and gain customer loyalty, you’ll want to make sure you’re a pro at reverse logistics.