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

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. How can you optimize reverse logistics?

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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.

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

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. With the popularity of online shopping, the supply chain has become more multifaceted, increasing the importance of an organization’s reverse logistics strategy and inventory management practices.

The Impact of the Coronavirus Crisis on Reverse Logistics

Enterra Insights

Therefore, reverse logistics companies are preparing for managing the influx of returned or replaced items during this time.”[2]. Reverse logistics: An inconvenient challenge. Journalist Maghan McDowell ( @maghanmcd ) calls returns (aka reverse logistics) “an inconvenient challenge” for retailers.[3] ” While everybody is familiar with the basic concept of returned items, the term reverse logistics might not be quite so familiar.

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. Let’s consider what measures and countermeasures are available to us to address reverse logistics: The first measure: Never have anybody returning anything. We can plan multiple price-related scenarios and optimize the reverse logistics execution not only for typical seasonal peaks, but also for planned pricing events.

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.

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

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. Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ Logistics

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

Cerasis

Products that are damaged during transportation. The Top Logistics Trends that Will Impact Logistics Management in 2018?. The responsibility of the company comes in when moving the product back to the distribution center or allocation to the brick-and-mortar store’s inventory. The post Why Returning to Stores Is the Ultimate E-Commerce & Omnichannel Customer Experience Play appeared first on Transportation Management Company | Cerasis.

Building a Return Management Strategy for this Holiday Season

CH Robinson Transportfolio

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. Maintaining strict control over the reverse flow of items also keeps you in compliance with regulatory bodies. The holidays can be “the most wonderful time of the year.”

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. supplychainmanagement #humanresources #procurement #logistics #jobs. Subscribe Here! Email Address.

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How to Prepare Transportation for Holiday Returns

PLS Logistics

Establishing an effective reverse logistics process allows retailers to minimize processing costs and increase the recovery value of returned goods. Freight Inventory Customer Experience Omni-ChannelThe holiday season is upon us, and retailers must be prepared to avoid seasonal challenges. One major obstacle facing retailers: the rising number of e-commerce returns. Return rates have amplified as the percentage of internet sales continues to develop.

Defining and Implementing an Effective Transportation Strategy

Talking Logistics

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. Transportation strategy is the second component, and that’s focused on positioning transportation to support your supply chain strategy (i.e.,

E-Commerce and TMS: The Role of Transportation Technology for Shippers to Kill It at E-Commerce

Cerasis

By 2020, the value of B2B e-commerce will surpass $1 trillion, and manufacturers, distributors, retailers, reverse logistics managers, third-party freight brokers and logistics services providers are working to keep up with the trend. E-Commerce Is Spurring Record Growth in Logistics E-commerce has made it impossible to meet the status quo with traditional technologies, and still, some shippers have not yet implemented e-commerce and TMS solutions.

What Should an LTL Transportation Management System Do for Me as a Shipper?

Cerasis

That is the word being used to describe the state of the logistics industry in 2017, reports William B. Last year, the 2016 State of Logistics Report alluded to rising shipping volume, partially responsible for decreased overhead costs, as a driving force behind declining overhead costs across all modes of shipping. What Modules Should an LTL Transportation Management System Offer? Therefore, any LTL system must consider reverse logistics in every function.

Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

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. You can outsource your Manufacturing, Distribution, Procurement, Logistics, Accounts Payable, Transportation Management, Systems and more. We had phenomenal, global capabilities in Logistics and Procurement. Subscribe Here! Email Address.

How A Brewery Company Manages Contracted Transporters In Real-time

Abivin

As a big manufacturer, they follow a strict logistics process to manage transportation in real-time, which has been proven to improve efficiency and profit. In this article, we will take a deeper insight into how one leading brewery company can effectively manage all contracted transporters in real-time. How the company manages all contracted transporters in real-time a. Transporters’ Drivers: They are in charge of delivering the goods to the end customers.

What’s the ROI Of Transport and Logistics Providers & A TMS?

Cerasis

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. In reality, the actual savings and return tend to be closer to 10 percent, reports Inbound Logistics.

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Let’s start by considering the common definitions that are used for each of Logistics and Distribution. Logistics. Comparing Logistics and Distribution. Subscribe Here! Email Address.

Return Merchandise Authorizations Part II: Benefits and Best Practices for Creating a RMA Process

Cerasis

Furthermore, this will allow the employees to monitor the inventory of the warehouse and reroute the item appropriately, especially if any part of the RMA information capture process was incorrect. Handheld scanners, or even automated scanning systems, such as the one within the Cerasis Reverse Logistics Product , can dramatically reduce the time for identifying if an item has been received. Reverse Logistics Return Merchandise Authorizations

5 Third Party Logistics Trends in 2015

PLS Logistics

3PLs work with shippers to implement improved reverse logistics strategies, find capacity and provide fulfillment solutions. These services are typically designed through advanced transportation management systems (TMS) for detailed product tracking, inventory management and historical data analysis. 3PL Supply Chain Technology Transportation SolutionsNew technologies and new demands made 2015 a year of change for 3PLs.

The 9 Key Considerations of an Effective Last Mile Logistics Strategy

Cerasis

Understanding last mile logistics is only half the battle. 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. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Logistics

The Top 6 Trends in Logistics Impacting Shippers in 2017

Cerasis

The election is over, but the race is just starting for logistics providers. From Amazon to hyper-local retailers, 2017 will be a year of intense scrutiny and pressure on logistics providers. Fortunately, your organization can get ahead of the learning curve by knowing what trends in logistics to watch for this year. The Top 6 Trends in Logistics Impacting Shippers in 2016. Autonomous Trucks Will Drive Logistics Forward. Logistics

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Top 15 Logistics Blog Posts of 2014

Cerasis

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

What Are the Top Warehouse Management KPIs Every Supply Chain Exec Should Measure

Cerasis

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. Carrying Cost of Inventory = Inventory Carrying Rate (How Long a Product Stays in the Warehouse) * Average Inventory Value.

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Insight on how 3PL handles eCommerce Returns for B2B and B2C Retail Brands

Vinculum

Why Third-party Logistics? However, logistics is one of the areas where complexity arises as one moves from physical retail to e-commerce. That is where the third-party logistics retailing comes into picture.The complexity, which comes along with e-commerce, makes a strong case for hiring a third-party logistics provider. What is Third Party Logistics all about? Need for Third Party Logistics Outsourcing.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Any percentage less for your business with logistics costs as a percent of your revenue, goes straight to the bottom line. . Logistics Cost Reduction by Focusing on Safety.

Tips for Effectively Managing E-Commerce Logistics

Cerasis

Yet, as few as 33 percent of shippers have taken advantage of a transportation management system (TMS), reports Michael of Levans of Logistics Management. In order to manage e-commerce logistics and maintain cost efficiency, shippers need to know the challenges in managing e-commerce logistics, how a TMS can help, and a few tips to streamline the process. What Are the Challenges in Managing E-Commerce Logistics? E-Commerce Logistics

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond.

What are the main 3PL Services?

The Logistics of Logistics

King famously said “I don’t know what the hell this “logistics” is that Marshall is always talking about, but I want some of it.”. Since he was an admiral, I am pretty sure somebody got Mr. King some logistics. Admiral King was no doubt surrounded by logistics activities and logisticians. He just didn’t know which functions were actually considered logistics. What is considered logistics vs what is considered supply chain? Logistics Services.

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The Returning Season

Enterra Insights

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. No easy task for a logistics system largely built to deliver.”[1] E-commerce has forever changed the reverse logistics formula. Guasco notes, “Reverse logistics is not only a feature of the holidays e-commerce rush but an everyday challenge to the supply chain.”

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

Cerasis

More importantly, the steps for creating a collaborative relationship were further defined, reports PLS Logistics , to include the following: Work together to create common-ground. With relation to inventory management and product complexity, new technologies, such as 3D printing, are enabling more efficient inventory management and control. In a sense, the ideas behind reverse logistics are becoming essential to all supply chain networks, creating a circular supply chain.

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‘Try Before You Buy’: A Huge Logistics Challenge for E-Tailers

Supply Chain Brain

Retailers were forced to cope with large volumes of returns, becoming experts in the art of reverse logistics. In the event, they are saddling themselves with a substantial logistics challenge. Many e-tailers are already struggling with inventory backlogs in the distribution center caused by returns. For now, however, it remains an attractive feature that can help players to stand out in the age of Amazon — provided they can solve the thorny logistical challenges. “If