Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

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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. This will require integrating logistics market information (e.g., Contact Our Reverse Logistics Team Today.

Resource Reduction 276

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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

Reverse Logistics Logistics Network Optimization Software 3PL Supply Chain Design Software 120

Veridian Solutions

AUGUST 7, 2018

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction. WMS Implementation Pre-Design: Challenge the Status Quo.

Reverse Logistics 63

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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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ModusLink Corporation

MARCH 30, 2023

Unlike the forward view, reverse logistics follow the opposite process. Understanding such processes begins with understanding the facts of the reverse logistics meaning and process, its common mistakes, and a few best practices for maximizing their value. Today’s supply chain companies need to make money on returns.

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78

Supply Chain Cowboy

JULY 7, 2014

One of the issues many growing companies face is obsolete inventory and customer returns. In this episode of the Supply Chain Cowboy Podcast, I talk with Curtis Greve to get his expert advice on how best to handle reverse logistics. Reverse logistics are kind of funny in that they tend to fly under the radar.

Reverse Logistics 40

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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

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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

GlobalTranz

OCTOBER 2, 2017

Managing returns and reverse logistics are another consideration in creating an effective last mile logistics strategy, reports Industry Week. Moreover, last mile logistics is key to reducing overhead and improving customer service.

Inventory Reduction 363

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3PL Insights

FEBRUARY 14, 2023

The flow of finished goods in retail logistics is a multi-step process, encompassing inventory management, order fulfillment and shipping, and returns management. Inventory Management Inventory management is the procurement, storage, and selling of a company’s inventory.

Logistics Network Optimization Software 92

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Unleashed

DECEMBER 4, 2018

With better inventory control and optimised management, your multichannel operation can perform at a higher level and meet customer expectations. Integrating inventory control with suppliers. Integrating your supply chain with your inventory control method is crucial for improving the consistency of your product supply.

Inventory 61

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Cathy Roberson

JANUARY 9, 2023

The biggest retail challenges from the NRF and Appriss survey include the following: Self-service returns Damaged returns or policy abuse Re-processing goods at a warehouse on digital returns Indeed, a lot of work still needs to be done in reverse logistics. Tompkins Robotics – Expanded its reverse logistics capabilities in 2018.

Las Vegas 52

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SCMDOJO

JANUARY 17, 2024

Return Management, also known as reverse logistics, is a process where the customer returns the goods they purchased. Though it is a daunting task for the logistics team to manage the forward and reverse logistics, this is crucial for the company’s brand image and customer retention.

Inventory Reduction 86

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Logistics Viewpoints

JUNE 30, 2022

With our supply chains clogged and retail inventories piling up, we have a situation wherein the huge imbalances between demand and supply at the product mix level can have an adverse impact on product availability for B2B and B2C companies alike, especially as we start heading to the holiday season. Not really. in October 2021. A ratio of 1.5

Supply Chain Planning Software 216

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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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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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GlobalTranz

FEBRUARY 13, 2017

To meet this increased demands, more manufacturing and logistics partners are looking for ways to shorten product lifecycles through improving inventory management systems, changing shipping strategies and altering the fundamental ways products move from point A to point B. Autonomous Trucks Will Drive Logistics Forward.

Resource Reduction 205

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GlobalTranz

JANUARY 19, 2018

You need to monitor inventory turnover, the carrying cost of inventory and the average inventory value, explains Paul Trujillo of Business 2 Community. The dependent values in these KPIs are derived from the following formulas: Inventory Turnover = The Cost of Total Goods Sold During a Period / Average Inventory Value.

Supply Chain Design Software 143

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SCMDOJO

FEBRUARY 6, 2024

One of the essential steps to reduce the lead time is to manage inventories in every form like raw material, semi-finished products, and final goods. Experts define inventory as a necessary evil. Therefore, it is essential to manage accurate inventory. However, inventory variation is a common scenario in a practical situation.

Inventory Management Software 83

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Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. In 2013, Target experienced a data breach that exposed the personal information of 40 million customers.

Supply Chain Planning Software 193

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QAD

MARCH 14, 2023

Additionally, digital technologies can enable companies to track and manage inventory levels more effectively, which reduces waste and obsolescence. By implementing cloud-based platforms and other digital technologies, companies can share information and collaborate in real-time.

Supply Chain Software 94

Supply Chain Software Waste Reduction Sustainability Resource Reduction 94

Supply Chain Game Changer

NOVEMBER 3, 2022

Financial Information Monitoring. Modern bookkeeping systems are a perfect tool for monitoring the financial information of your company that might help you improve supply chain cost control. Real-Time Information Sharing. Real-time information sharing is a critical element of supply chain management.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Supply Chain Game Changer

AUGUST 4, 2020

While people everywhere scramble to restore supply lines, logistics operations and continuity of supply the break downs in those Supply Chains must be addressed for the long term. If we do not take actions now, as informed by the lessons of the Coronavirus pandemic, history will repeat itself.

Video 128

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SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Logility

JUNE 28, 2022

It’s enabled through technology that provides real-time data about all aspects of your supply chain, gathering usable data that gives your company the agility to work around inventory shortages, sidestep bottlenecks, and meet any compliance requirements. Today’s supply chains are messy, tangled beasts.

Supply Chain Visibility 173

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Locus

APRIL 3, 2023

All successful modern-day businesses rely on an efficient system of logistics management. This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. from 2019 to 2025.

Optimal Sourcing 52

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Locus

JUNE 2, 2023

Inbound logistics activities typically include transportation, warehousing, inventory control, material handling, quality control inspections, and scheduling. Difference between inbound and outbound logistics The key difference between inbound and outbound logistics lies in the direction of the flow of goods.

Optimal Sourcing 52

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Unleashed

NOVEMBER 1, 2021

Equipment that we’ve seen increasingly automated includes: Automated storage & retrieval : Robotic order picking systems and other storage or retrieval technology lets robots find, pick and move inventory around large warehouses – at a much faster rate than humans can and with less risk to safety. Amazon vows to go carbon neutral by 2030.

Supply Chain Planning Software 98

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GlobalTranz

JULY 30, 2018

The days of managing supply chains through databases and changing information are over. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

The UCLA Anderson Global Supply Chain Blog

OCTOBER 2, 2017

The leading causes of unsaleables are damages, discontinued or seasonal products, expired products, failed product launches, recalls, and excess inventory. Therefore, both outsource these tasks to specialized reverse logistics providers to assist with examining, categorizing, sorting, and finally disposing the product returns.

Supply Chain Design Software 60

Supply Chain Design Software Pharmaceutical Supply Chain Design Reverse Logistics 60

The UCLA Anderson Global Supply Chain Blog

OCTOBER 2, 2017

The leading causes of unsaleables are damages, discontinued or seasonal products, expired products, failed product launches, recalls, and excess inventory. Therefore, both outsource these tasks to specialized reverse logistics providers to assist with examining, categorizing, sorting, and finally disposing the product returns.

Supply Chain Design Software 60

Supply Chain Design Software Pharmaceutical Supply Chain Design Reverse Logistics 60

The Network Effect

APRIL 1, 2016

The orchestration of processes and information for the procurement of goods to the “last mile” delivery to the customer is a required competency in today’s direct to consumer marketplace. Synchronization of information across systems provides the visibility that can help enable world class customer service. By David Meyers.

Supply Chain Planning Software 100

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Silvon Software

JULY 22, 2022

Fortunately, applying metrics to multi-source operational information that’s stored and managed in a data hubs greatly minimizes these issues. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market. Inventory KPIs and Metrics for Managing Supply Chain Performance.

Metrics 81

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Supply Chain Game Changer

SEPTEMBER 3, 2020

What Exactly Is Reverse Logistics? Optimize Reverse Logistics article and permission to publish here provided by Raanan Cohen at bringg.com. If you think reverse logistics isn’t relevant to your business, think again. Is your business ready for returns and reverse logistics at scale?

Reverse Logistics 54

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GlobalTranz

JULY 13, 2018

Continuous improvement can permeate every aspect of supply chain management, ranging from vendor management to reverse logistics. Analytics in the supply chain can be used to analyze the costs associated with supply chain management and inventory management.

Analytics Software 125

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