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How to Use Data to Fuel Your Retail Reverse Logistics Strategy

GlobalTranz

How often do you think about your retail reverse logistics strategy? It’s easy to assume retail reverse logistics is solely based on returns. While this is partially true, all retail reverse logistics involve a backward flow of products that return to their origin.

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What is Reverse Logistics?

GlobalTranz

What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials.

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Using Technology to Integrate Your Return Management Strategy

GlobalTranz

Among these, an integrated return management strategy can make or break successful operations. Use Real-Time Data to Inform Your Returns Management Strategy. As also reported by Accenture , “To help leaders use insights to respond with confidence, companies should use a logistics control tower to get a real-time view of operations.

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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).

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The Impact of the Coronavirus Crisis on Reverse Logistics

Enterra Insights

This dramatic change in consumer shopping habits emphasizes the importance of omnichannel strategies and a resilient supply chain. Therefore, reverse logistics companies are preparing for managing the influx of returned or replaced items during this time.”[2]. Reverse logistics: An inconvenient challenge.

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The 9 Key Considerations of an Effective Last Mile Logistics Strategy

GlobalTranz

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. Leverage the Right Technology as Part of Your Strategy.

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Watch: Time for a Reset of Retail Inventory Strategies?

Supply Chain Brain

The pandemic and resulting congestion in the supply chain have retailers reconsidering their traditional approach to sourcing and inventory management, says Larry Parker, department chair of transportation and logistics management, supply chain management, reverse logistics and government contracting at the Dr. Wallace E.