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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?

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Food Waste is a Big Problem That Can be Solved

DELMIA Quintiq

According to the UN Environment Program’s Food Waste Index, 923 million metric tons of food is wasted globally every year. 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.

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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.

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Building a Circular Supply Chain

TransAudit

Capturing value after the initial use is not generally part of the process and processes are not designed for reverse logistics in many cases. Circular supply chains require multidirectional communication and innovation, so the technology must provide easy ways to accomplish this. Provide guidance to build supplier capabilities.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

Reverse Logistics: Reverse logistics involves managing the flow of goods from the customer back to the manufacturer or supplier. Contract logistics providers handle returns, repairs, refurbishments, recycling, and disposal of products, ensuring compliance with environmental regulations.

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With New Year Underway, Key Players Look Back On 2022

Intelligent Audit

As rates continue to fall, industry metrics are beginning to reflect a new reality for the transportation market. The Logistics Managers Index (LMI) showed a reading of 36.9% for December, marking the metric’s fastest decline ever recorded. Vice President of Innovation and Automation. The service, detailed in a Jan.

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Defining and Implementing an Effective Transportation Strategy

Talking Logistics

The first element are the comprehensive set of strategies covering all the functional elements of your supply chain, including supply management, procurement, demand management, production, inventory management, distribution, customer service, and reverse logistics. Is it innovation, flexibility, or a combination of those factors?