The Indispensable Role of WMS in Reverse Logistics

Cerasis

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Among e-commerce sales, up to 30 percent will be returned to the shipper, which reflects a huge demand for effective returns management and reverse-logistics process standardization. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction.

How to Optimize Reverse Logistics!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What Exactly Is Reverse Logistics? Optimize Reverse Logistics article and permission to publish here provided by Raanan Cohen at bringg.com. If you think reverse logistics isn’t relevant to your business, think again.

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6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

Cerasis

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. Thus, reverse logistics management has developed into a discipline that produces cost reductions, adds efficiencies and improves the consumer experience. 6 Benefits of an Effective Reverse Logistics System.

What Your Inventory Reveals about Your Reverse Logistics

PLS Logistics

Supply chains share common goals: increase productivity, reduce costs, mitigate risks. Common goals for reverse logistics are to improve customer satisfaction, cut costs, maximize return on assets. Reversing the supply chain means taking in returns, recalls, damaged goods and overstocked merchandise and recapturing its value or disposing of it. The Importance of Reverse Logistics. Logistics Transportation Supply Chain Inventory

Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

Cerasis

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. Need For Reverse Logistics Breeds Opportunity. Efficiently managing reverse logistics is a daunting challenge for many businesses.

What Exactly Is Reverse Logistics?

Supply Chain Game Changer

Check out What Exactly Is Supply Chain Management? 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. But once explained the phrase Reverse Logistics made sense. And Why Is Reverse Logistics Important?

Reverse Logistics and the Power of Your 3PL!

Supply Chain Game Changer

Blog post originally published by Expak Logistics on [link] Permission to publish here provided by Morgan Dixon. For many companies, reverse logistics has become an integral part of their business plan, offering them the ability to maximize the efficiency of their operations. Generally, reverse logistics is defined as “the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. Subscribe Here!

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

Cerasis

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. Thus, reverse logistics management has developed into a discipline that produces cost reductions, adds efficiencies and improves the consumer experience. 5 Benefits of Reverse Logistics Management for Asset Recovery.

A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction. Difficulties forecasting demand in a high-volume repair environment caused inventory costs to skyrocket. Additionally, the client’s inventory levels were reduced by 52 percent or $2.3

Why Reverse Logistics Are Crucial to Customer Experiences

Veridian Solutions

Reverse logistics refer to the complex processes of returning products and purchases from consumers to retailers and third-party liquidators. Reverse logistics is the opposite of typical order fulfillment , but reverse logistics usually includes increased costs for retailers. Common Problems in Handling Reverse Logistics. The biggest problem in reverse logistics for omnichannel stems from the complexities of reverse logistics.

Reverse logistics blues should not be “business as usual”

DELMIA Quintiq

For all of you “in the know”, we are talking about reverse logistics – the “dark side” mix of art and science of the supply chain operations strategy. If you are in supply chain management long enough, you’ve probably experienced many attempts at tackling this problem. This, of course, has only increased the complexity of the problem for supply chain teams. First: Direct returns to the optimal place in your supply chain network.

The Indispensable Role of WMS in Reverse Logistics

Veridian Solutions

Reverse logistics is filled with risk, and the rate of reverse logistics in e-commerce is higher than any other channel, reports Business2Community. Among e-commerce sales, up to 30 percent will be returned to the shipper, which reflects a huge demand for effective returns management and reverse-logistics process standardization. Using a WMS in reverse logistics can help meet this rise in demand and increase customer satisfaction.

Reverse Logistics: Who Does it Well?

Logistics Bureau

This article was first published in the July / August 2018 issue of MHD Supply Chain Solutions. 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. Reverse logistics is therefore worth doing, and worth doing properly. Logistics

Reverse Supply Chains: Best Practices for Better Asset Recovery

Cerasis

Recovering your assets is a difficult task no matter what your occupation with reverse supply chains in the marketplace. As businesses often have a surplus of goods to dispose of or recover, such as core returns, we’ve compiled some excellent tips for your company so the process of handling goods not only stretches further… but enhances your chain value as well. Effective Reverse Supply Chains.

Advanced Reverse Logistics Strategies Workshop & Conference

Supply Chain Movement

RLCON 2013: Advanced Reverse Logistics Strategies Workshop & Conference. In this scenario, coupled with stringent EU environmental laws and regulations, a strategically effective Reverse Logistic function can secure your supply chain’s ‘backward loop’ and make significant cost savings for the company. The Conference will provide valuable insights on implementation of cost effective reverse logistic process for optimal ROI.

How Holiday Returns Can Be Gifts to Your Supply Chain

CHAINalytics

Significant energy is expended by these companies to plan assortments, analyze inventory strategy, and build promotional buzz with the goal of delivering positive results while servicing the mad rush of customers. The post How Holiday Returns Can Be Gifts to Your Supply Chain appeared first on Chainalytics. Blog Service Supply Chain Supply Chain Operations What's New Ecommerce holidays Irv Grossman Retail Returns Management Reverse Logistics service supply chain Supply Chai

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on. What Makes Supply Chain Special? Subscribe Here!

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Are Your Reverse Logistics Leaking Profits?

Supply Chain Cowboy

One of the issues many growing companies face is obsolete inventory and customer returns. In this episode of the Supply Chain Cowboy Podcast, I talk with Curtis Greve to get his expert advice on how best to handle reverse logistics. Reverse logistics are kind of funny in that they tend to fly under the radar. However, improving how you handle obsolete inventory and returns by just a fraction could be the best thing you can do for your bottom line.

Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

This was my first experience with Outsourcing, or what I refer to as “Supply Chain as a Service” (SCaaS). Virtually every type of software application is offered in a SaaS model, including software to support ERP, TMS, CRM, Inventory Management, and Invoicing applications, all of which are related to Supply Chain. But beyond just software virtually every other aspect of Supply Chain is available as an outsourced, on-demand service.

How Last Mile Delivery Affects the Supply Chain

The Network Effect

Principal, Supply Chain Technology, Tompkins International. The convergence of supply chain execution systems is a goal that many enterprises have yet to achieve. If more than a Just Leave On Porch (JLOP) delivery experience is required, the essential elements for local delivery within a complete Supply Chain Execution (SCE) system should include: Appointment Scheduling. Returns and Reverse Logistics. By David Meyers.

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What is Supply Chain Management (SCM)? (Video)

Supply Chain Game Changer

What is Supply Chain Management? To someone who is starting out their career, or who is new to the field of Supply Chain, it is understandable that there may be confusion as to the definition of SCM. But the reality is that there are many expert individuals and organizations who define Supply Chain differently. Watch our video to learn more about how people define Supply Chain Management! What Exactly Is Reverse Logistics?

SCM 47

Why Supply Chain Managers & Procurement Should Collaborate

Cerasis

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Meanwhile, this large volume of expenses is directly related to 80 percent or a company’s working capital via inventory and accounts payable. The age of technology has the potential to dramatically reduce inefficiencies in the supply chain.

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Yet often the Supply Chain is undervalued. Why is Supply Chain often undervalued? Pressures for Cost Reduction in Supply Chain. Subscribe Here!

The Most Reliable Supply Chain…Without Technology?

Cerasis

Of course, we live in a high technology powered supply chain world, but often, as we noted in our 5 Upfront LTL Tips post, if you don’t remember the basics and best practices, no technology is going to fix those issues, but only make them more apparent. We hope you enjoy this great story about supply chain without technology. . Is your supply chain running as effectively as it should be? Do you carry too much inventory?

Supply Chain and E-Commerce: How Is E-Commerce Changing Supply Chain Management?

Cerasis

As a result, e-commerce will have wide-ranging impacts on supply chain management. Fortunately, the Internet of Things (IoT), big data, and fully integrated supply chain systems have the potential to meet these demands, and e-commerce will effectively change supply chain management forever. Although effective in the supply chains of the past, the effects of e-commerce require more than this siloed approach.

Three Reasons to Give Advanced Track and Trace Capabilities a Fresh Look

Logistics Viewpoints

Inventory Management Reverse Logistics Supply Chain Risk Management Warehouse Management Systems The need for track and trace capabilities in industries such as food and beverage, manufacturing or automotive industries is obvious: the threat of contamination or recalls impacts public safety, and the responses to those events are highly regulated. Organizations need to know what goes into their products and their location at all times.

Locus Robotics at Retail Supply Chain Virtual

Locus Robotics

Join us at the Retail Supply Chain Virtual conference, August 20-21 2020, for this year’s most important retail logistics topics regarding the New Normal for e-commerce supply chains. ``We will define lasting change in the retail revolution.``.

These Advanced Supply Chain Technologies will Solidify the Digital Supply Chain in 2018

Cerasis

The type and capabilities of supply chain technology is expanding, and technology will only grow more important in effective supply chain management in 2018. From the increased demand to data-driven decision-making through the industrial Internet of things (IIoT) to the use of cloud-based technologies, supply chain technology will advance light years in the coming months. Supply Chain Visibility Becomes an Independent Technology.

5 Tips to Improve Omnichannel Inventory Management

Unleashed

That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. In an increasingly complex eCommerce world, keeping track of inventory is tricky. Many brands are turning to omnichannel inventory management to meet the challenge. We’re going to share five tips to help you make omnichannel inventory work for you. Siloed Supply Chains.

10 Critical Supply Chain Lessons from The Pandemic! (Video)

Supply Chain Game Changer

Coronavirus Exposes Global Supply Chain Fragility! In this article we share our video of the 10 most Critical Supply Chain lessons that we must learn and make improvements through our future strategies and actions. Video) appeared first on Supply Chain Game Changer™.

Video 76

Minimizing Supply Chain Disruption Through Analytics: A Brief Guide

Cerasis

Using analytics in the supply chain has the most potential to dramatically reduce costs of supply chain management, as well as minimizing supply chain disruption. Unfortunately, the upfront investment costs for deploying the technology necessary to use analytics can be difficult to justify, so Warehouse Managers need to know a few things about house analytics to enable the minimization of supply chain disruptions. Supply Chain

Why Returning to Stores Is the Ultimate E-Commerce & Omnichannel Customer Experience Play

Cerasis

The Top Logistics Trends that Will Impact Logistics Management in 2018?. How Offering Returns in Stores for Online Purchases Benefits a Company Offering e-commerce in-store returns for online purchases meets the flexibility, speed, tracking, and automated alert requirements for improving omnichannel experiences , as noted by Supply Chain 24/7. Supply chain managers need to find ways to reach online shoppers and create a personable, memorable experience.

Building a Return Management Strategy for this Holiday Season

CH Robinson Transportfolio

Just as important, the way you manage returns plays a key role in your supply chain and in your customers’ perception of your company. Companies that effectively manage returns retain more customers and save money on the logistics side of their business. Verifying this information can prevent unnecessary inventory loss. Control and visibility are closely intertwined parts of reverse logistics.

The State of Supply Chain Trends Part III: Circular Supply Chains, Collaboration, and Risk

Cerasis

Supply chains have traditionally followed a linear path, manufacturing products and sending them through warehouses and distribution centers to consumers. However, the age of the internet and omnichannel sales has created vast opportunities to change how the supply chain functions, creating more cohesive, collaborative, and circular supply chains. More companies were taking steps before 2016 to improve collaboration across entire supply chains.

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Locus Robotics at Retail Supply Chain Virtual

Locus Robotics

Join us at the Retail Supply Chain Virtual conference, August 20-21 2020, for this year’s most important retail logistics topics regarding the New Normal for e-commerce supply chains. ``We will define lasting change in the retail revolution.``.