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Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

Cerasis

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. Need For Reverse Logistics Breeds Opportunity.

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

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. Reverse Logistics Information Systems.

Reverse logistics blues should not be “business as usual”

Quintiq

For all of you “in the know”, we are talking about reverse logistics – the “dark side” mix of art and science of the supply chain operations strategy. This will allow you to reuse your existing supply chain network and use existing logistics resources. Transport & Logistics

9 Benefits of Effective Reverse Logistics Process & 5 Advantages of Partnering with a 3PL

Cerasis

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. Thus, reverse logistics management has developed into a discipline that produces cost reductions, adds efficiencies and improves the consumer experience. 5 Benefits of Reverse Logistics Management for Asset Recovery.

The Indispensable Role of WMS in Reverse Logistics

Veridian Solutions

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Among e-commerce sales, up to 30 percent will be returned to the shipper, which reflects a huge demand for effective returns management and reverse-logistics process standardization. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction.

Reverse Logistics: Who Does it Well?

Logistics Bureau

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. Reverse logistics is therefore worth doing, and worth doing properly. Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ Logistics

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Logistics.

What Should an LTL Transportation Management System Do for Me as a Shipper?

Cerasis

That is the word being used to describe the state of the logistics industry in 2017, reports William B. Last year, the 2016 State of Logistics Report alluded to rising shipping volume, partially responsible for decreased overhead costs, as a driving force behind declining overhead costs across all modes of shipping. What Modules Should an LTL Transportation Management System Offer? Therefore, any LTL system must consider reverse logistics in every function.

What’s the ROI Of Transport and Logistics Providers & A TMS?

Cerasis

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. In reality, the actual savings and return tend to be closer to 10 percent, reports Inbound Logistics.

Return Merchandise Authorizations Part II: Benefits and Best Practices for Creating a RMA Process

Cerasis

Furthermore, this will allow the employees to monitor the inventory of the warehouse and reroute the item appropriately, especially if any part of the RMA information capture process was incorrect. Reverse Logistics Return Merchandise Authorizations

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. The Top 6 Trends in Logistics Impacting Shippers in 2016. Logistics

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Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. There are countless number of logistics service providers who offer many different types of broad and niche services.

The 9 Key Considerations of an Effective Last Mile Logistics Strategy

Cerasis

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Logistics

What Are the Top Warehouse Management KPIs Every Supply Chain Exec Should Measure

Cerasis

You need to monitor inventory turnover, the carrying cost of inventory and the average inventory value, explains Paul Trujillo of Business 2 Community. Carrying Cost of Inventory = Inventory Carrying Rate (How Long a Product Stays in the Warehouse) * Average Inventory Value.

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Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. An essential ingredient to logistics cost reduction: “Treat people well and profits will follow.”

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

The days of managing supply chains through databases and changing information are over. Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency. Blockchain Logistics Supply Chain

What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Subscribe Here!

Want to Improve Supply Chain Performance and Profitability?

OneSCM

In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. Limitless access to this information, necessary to make critical business decisions, is not feasible if even a single data silo exists.

Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand

Cerasis

When the Internet first arrived, the idea of waiting for an extended period to receive a product was great, asserts Gordon Hellberg of Material Handling and Logistics. Shipping and logistics providers will turn to technology to achieve the impossible, reports Peter Kinds of ControlPay.

Want to Improve Supply Chain Performance and Profitability?

OneSCM

In a well-optimized supply chain ecosystem, information flows in all directions, as well as to and from suppliers. Limitless access to this information, necessary to make critical business decisions, is not feasible if even a single data silo exists.

[INFOGRAPHIC] 5 More Supply Chain Trends To Watch Out for in 2016

Cerasis

It also requires the ability for logistics and supply chain managers to look at forward moving logistics as well as reverse logistics. . In particular, the supply chain industry must be ready as we are yet to see how this new product category will impact reverse logistics.

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‘Try Before You Buy’: A Huge Logistics Challenge for E-Tailers

Supply Chain Brain

Retailers were forced to cope with large volumes of returns, becoming experts in the art of reverse logistics. In the event, they are saddling themselves with a substantial logistics challenge. Many e-tailers are already struggling with inventory backlogs in the distribution center caused by returns. It allows customers to return product without informing retailers of their decision beforehand. The mantra today is “try before you buy.”

The State of Supply Chain Trends Part III: Circular Supply Chains, Collaboration, and Risk

Cerasis

More importantly, the steps for creating a collaborative relationship were further defined, reports PLS Logistics , to include the following: Work together to create common-ground. However, the solution to these problems lies in distributing the workload evenly, including access to data sources and sharing of information. With relation to inventory management and product complexity, new technologies, such as 3D printing, are enabling more efficient inventory management and control.

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The Most Reliable Supply Chain…Without Technology?

Cerasis

Do you carry too much inventory? They have the funds to access the latest technology, complete extensive R&D and implement new innovations surrounding logistics and supply chain management. They are then transported via bicycle to the train station.

Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

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. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable.

Warehousing and Logistics

LeanCor

Warehousing and Logistics: How Important is Synchronization? By: David Sherman – Lean Logistics Specialist. Warehousing is a key component of logistics management and how businesses manage the transportation and storage of their inventories.

3 Uses of IoT Tech Spurring Sustainability in Supply Chains

Cerasis

The Internet has already transformed the way individuals interact, make choices, and process information. But perhaps the most far-reaching changes will center around the use of large data systems to drive sustainability in logistics and supply chains.

Agile Supply Chain: Why Agility is Trumping Lean in the Supply Chain

Cerasis

Another key benefit of agility in the supply chain is focusing on avoiding potential shortages and eliminating excessively stocked inventory. In a sense, overstocking inventory was a typical response of lean concept.

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Omnichannel Operations Benefit from Cognitive Computing

Enterra Insights

Bridget McCrea observes, “Transportation, warehouse space, labor, and technology are a few of the most common pain points.”[4] 7] Logistics providers are experimenting with offering customers a variety of delivery options from traditional doorsteps to dedicated drop boxes to car trunks. Reverse logistics. A reverse logistics strategy is essential for successful omnichannel operations.

Minimizing Supply Chain Disruption Through Analytics: A Brief Guide

Cerasis

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. The post Minimizing Supply Chain Disruption Through Analytics: A Brief Guide appeared first on Transportation Management Company | Cerasis.

Supply Chain and E-Commerce: How Is E-Commerce Changing Supply Chain Management?

Cerasis

Don’t be, because the modern world of supply chain management is built on reducing risk wherever possible and using these advanced capabilities, reports Inbound Logistics: Increasing transparency into all operations through the internet and mobile devices. Enhanced reverse logistics, increasing customer service and giving warehouse managers a means of handling returns regardless of their origin. appeared first on Transportation Management Company | Cerasis.

Wearable Technology in the Supply Chain: 3 Core Benefits

Cerasis

Today, wearables are becoming increasingly popular, and these devices have the potential to radicalize the typical supply chain in forward and reverse logistics processes. Do you ever watch Undercover Boss?

[INFOGRAPHIC] Supply Chain Mobility & How it is Creating More Efficient Manufacturing Productivity

Cerasis

However, modern manufacturing is not about creating surplus inventories, but creating the right amount of product, at the right time, for the right consumer- the Holy Trinity of Manufacturing. How often do you hear the term, “productivity in manufacturing?”

[INFOGRAPHIC] 6 Logistics Industry Trends Set to Transform 2016 & Beyond

Cerasis

Changes in manufacturing processes, which will increase production, lead to one ultimate result--the logistics industry must change. For third-party logistics providers ( 3PLs ), logistics industry trends will dramatically affect how logistics providers of all sizes operate.

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These Advanced Supply Chain Technologies will Solidify the Digital Supply Chain in 2018

Cerasis

Regardless, blockchain technology will continue to drive additional engagement between IT vendors and chief information officers (CIO) throughout the coming year. More supply chain entities, including third-party logistics providers (3PLs), manufacturers, transportation providers, reverse logistics service providers, and other business-to-business partners will increase focus on use of automated advanced supply chain technologies.