Intelligent Audit

DECEMBER 6, 2021

One area of logistics, reverse logistics, is particularly susceptible to failures within visibility. Since e-commerce is typically associated with above-average returns rates, with an above-average peak season in full swing, shippers need to know a few things about the high costs of poor visibility in the reverse supply chain.

Reverse Logistics 52

Reverse Logistics Cost Reduction Strategies Sourcing Strategies Logistics Network Optimization Software 52

GlobalTranz

JUNE 18, 2015

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. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Supply Chain Network Software 120

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

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Supply Chain Game Changer

NOVEMBER 7, 2018

And then at some point all of these activities were included under the banner of “Reverse Logistics” What on earth is Reverse Logistics? So What Is Reverse Logistics? The term “Reverse Logistics” was first coined by James R. And Why Is Reverse Logistics Important?

Reverse Logistics 60

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 60

Logistics Viewpoints

OCTOBER 27, 2023

The warming trend was also fanned by the calendar, as retailers are bulking up their inventory storage levels ahead of the annual winter holiday peak shopping season, according to the National Retail Federation (NRF). The Atlanta-based company said the acquisition is expected to close in the fourth quarter.

South Korea 219

South Korea Logistics Network Optimization Software Los Angeles Supply Chain Planning Software 219

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. Products come back in dribs and drabs, not in nearly packaged batches. Reverse logistics can also have a dramatic effect on steering a company’s fortunes.

Reverse Logistics 40

Reverse Logistics Logistics Network Optimization Software Logistics Vendor Strategies 40

Unleashed

JUNE 13, 2023

When calculating inventory costs, not all stock is alike. Knowing the different types of inventory and how they impact your costs is key to accurate stock control and best-practice accounting. The 23 Types of Inventory: What is inventory? In accounting, inventory is generally the largest current asset a company carries.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Manufacturing Procurement 52

Unleashed

JUNE 13, 2023

When calculating inventory costs, not all stock is alike. Knowing the different types of inventory and how they impact your costs is key to accurate stock control and best-practice accounting. The 23 Types of Inventory: What is inventory? In accounting, inventory is generally the largest current asset a company carries.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Inventory Manufacturing Procurement 52

Locus

NOVEMBER 28, 2023

Returns, in the context of logistics, is the process of moving goods from their final destination back to the manufacturer or point of origin for multiple reasons. Efficiently managing returns, also known as reverse logistics, is imperative for maintaining customer relations, sustainable practices, and overall economic viability.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

Logistics Viewpoints

JANUARY 23, 2024

Blue Yonder also acquired Doddle to close the loop on reverse logistics. When a customer initiates a return through Doddle, they are asked specific questions about the condition of the item and packaging, given choices on how and where to return it, and also given a sustainability impact of the return.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

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

Enterra Insights

DECEMBER 26, 2022

According to Jay Sackos , Vice President at Dolly and a returns expert, “There’s no magic bullet when it comes to conquering reverse logistics.”[7] Sackos reports, “Many retailers have turned to third-party logistics providers. Dealing with Returned Items. They include: • Third-party partners.

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

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

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

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

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Unleashed

MAY 2, 2022

There are a lot of inventory performance measures you could track. Explore our live inventory calculators and formulas page. In this article on inventory performance measures. Why use performance measures for inventory management? Then you will need to know the inventory value at the end of the period.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

The Logistics of Logistics

SEPTEMBER 22, 2021

There are 5 different categories of 3PL services: Logistics, Transportation, Warehousing, Special Services, and Technology. Logistics services add value through planning, while transportation services add value by executing those plans.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Transportation Supply Chain Planning Software Warehousing 130

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

Inventory Reduction Supply Chain Planning Software Material Savings Cost Reduction Strategies 86

The Logistics of Logistics

OCTOBER 26, 2020

Small Package. Vendor Managed Inventory. Logistics Services. Logistics Services. LLP/4th Party Logistics. Integrated Logistics. Inbound Logistics. Logistics Process Reengineering. Inventory Management. Reverse Logistics / Product Lifecycle Management. Intermodal.

Logistics Network Optimization Software 244

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Colombia 244

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. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

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

Supply Chain Design Software Supply Chain Planning Software Warehousing Supply Chain Software 143

ModusLink Corporation

MAY 25, 2022

They sometimes offer real-time views in transport, inventory management, warehousing etc. Reverse Logistics and Performance. Reverse Logistics is thus an important element to look out for and should always be considered due to the high brand impact potential. An example could be personal packaging.

Reverse Logistics 78

Reverse Logistics Logistics Network Optimization Software Spain Warehousing 78

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

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

The Logistics of Logistics

NOVEMBER 15, 2021

Small Package. Vendor Managed Inventory. Logistics Services. Logistics Services. LLP/4th Party Logistics. Integrated Logistics. Inbound Logistics. Logistics Process Reengineering. Inventory Management. Reverse Logistics / Product Lifecycle Management. Intermodal.

Logistics Network Optimization Software 130

Logistics Network Optimization Software 3PL Agile and Lean Supply Chain Supply Chain Planning Software 130

3PL Insights

MARCH 3, 2023

They have qualified staff to use a range of material handling equipment, including conveyer belts, shrink-wrapping machines, automated assembly lines, pallet wrappers, blister packaging machines, box taping machines, grinders, sanders, buffers, audio inspection tools, and electrical testing tools.

Logistics Network Optimization Software 52

Logistics Network Optimization Software 3PL Supply Chain Design Software Inventory Management Software 52

ModusLink Corporation

NOVEMBER 18, 2021

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Better packaging can reduce material usage, increase space utilization in the warehouse and trailer, and lower the quantity of handling required (Vishal Gupta, 2013). reverse logistics in a circular economy.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Unleashed

APRIL 12, 2023

B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. This includes dates and times inventory will be delivered. What is B2B fulfillment?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

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

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 98

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

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Ware2Go

APRIL 10, 2022

More efficient packaging to reduce waste Recycled or compostable packaging Aggregating shipments so customers only receive packages on a reduced schedule Decreasing time in transit (TNT) to lower carbon emissions Using electric final mile delivery vehicles Offsetting carbon emissions created by shipments.

Sustainability 98

Sustainability Shipping How To Procurement Analytics 98

Enterra Insights

DECEMBER 26, 2019

Matt Guasco ( @mattpguasco ), President of INF Marketing and Logistics, explains, “With the rise in e-commerce has come an annual torrent of post-holiday returns. Millions of packages that flowed one-way through the supply chain to the consumer must now be turned and move back through the supply chain to the appropriate destination.

Reverse Logistics 100

Reverse Logistics Purchasing Skills Manufacturing Procurement Waste Reduction 100

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

Enterra Insights

DECEMBER 28, 2020

This year the return-a-thon will be different — with longer lines likely to be found at post offices and parcel package stores than at department stores. ” This advice holds true for both physical stores and parcel package locations. With greater online sales, comes increased returns. . It might be best to wait a few days.”

Reverse Logistics 100

Reverse Logistics Policies Purchasing Skills Procurement Analytics 100

Enterra Insights

SEPTEMBER 12, 2019

Lack of Inventory Visibility and Metrics. Carrying inventory is a necessary evil. Too much inventory means profits are eaten away by storage costs. Too little inventory and sales opportunities are lost. Poor Visibility into Inventory in Transit. Reverse Logistics. They are: 1. ” 7.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

GlobalTranz

JULY 8, 2015

Reverse logistics could be the business equivalent to the passage of time and life for nature. And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Reverse Logistics allows businesses to recoup a portion of the original purchase price of this equipment.

Reverse Logistics 120

Reverse Logistics Logistics Network Optimization Software Material Savings Cost Reduction Strategies 120

Locus

JUNE 2, 2023

Inbound logistics activities typically include transportation, warehousing, inventory control, material handling, quality control inspections, and scheduling. Outbound logistics activities include order processing, packaging, storage, transportation, distribution channel management, and customer support.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Logistics Network Optimization Software Supply Chain Optimization 52

The Logistics of Logistics

MAY 26, 2016

Among the services which they provide are transportation, warehousing, cross-docking, inventory management, packaging, and freight forwarding. Below are the 5 categories of logistics services along with a listing of the 46 services. Logistics Services. Inbound Logistics. Package Delivery. Reverse Logistics.

3PL 106

3PL Logistics Network Optimization Software Supply Chain Planning Software Warehousing 106