article thumbnail

Innovation with Reverse Logistics (Part 1 of 2)”.

ModusLink Corporation

A large Supply Chain element that is often prioritized when Outsourcing is the process of ‘Reverse Logistics’. T he definition of Reverse Logistics. Reverse Logistics is often referred to as Reverse Supply Chain, and part of Closed Loop Supply Chain. Figure 1(The Reverse Logistics Process) (Chi-2018).

article thumbnail

Reverse Logistics: What is it, and Why is it So Important?

Unleashed

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?

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

Reverse logistics is difficult and costly. The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. Moving Forward: Reverse Logistics Technology. Compare this to the 9% returns rate of purchases made in-store. Who pays the price?

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. Most online shoppers assume that items they return go back into regular inventory, to be sold again at full price.

article thumbnail

Reverse Logistics Planning: Why Peak Season Plans Must Include Return Consideration

Intelligent Audit

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. Maintaining a specific returns policy.

article thumbnail

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

GlobalTranz

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.

article thumbnail

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. This also qualifies as reverse logistics.