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What are Reverse Logistics?

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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What is Reverse Logistics? A Comprehensive Guide

My Office Apps

What is Reverse Logistics? A Com prehensive Guide Reverse logistics is a vital yet often overlooked aspect of supply chain management. While traditional logistics focuses on moving goods from the manufacturer to the customer, reverse logistics handles the reverse flowproducts moving from the customer back to the business.

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The Pressures of Omni-Channel Fulfillment and Returns Are Growing

BlueYonder

And it provides retailers and direct-to-consumer (D2C) manufacturers with limitless access to shoppers around the world. The explosive growth of e-commerce also creates significant logistics challenges for retailers and D2C manufacturers. They must track inventory, orders and returns in real time, at all times.

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When Designing the Right Manufacturing Plant, Small Can Be Beautiful

Supply Chain Brain

manufacturers have spent the last few decades consolidating production at gigantic offshore plants, especially in China. But for many, rising tensions between trading partners, coupled with higher labor and logistics expense, have made that strategy untenable. It could even entail some degree of domestic production.

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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In terms of inventory strategy, First Insight assigns each SKU a unique “Value Score” based on a range of factors, including pricing, likeability and consumers’ likelihood of purchase.

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Mathematical Optimization: Supply Chain Management by the Numbers

Supply Chain Brain

For a retailer, that might take the form of guidance as to where and how much to produce items, how to transport them, and where to position them in a manner that best reflects actual consumer demand. What makes mathematical optimization especially valuable, Yurchisin says, is its prescriptive — as opposed to merely descriptive — nature.

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AI: Real or Hype?

Supply Chain Brain

As a result, users may receive decisions that are not objective in terms of identifying specific suppliers, customers, manufacturing facilities or distribution methods. SPECIAL REPORT AI: Real or Hype? If there’s bias, AI will produce a biased output. Resources include the U.S.