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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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.

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.

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 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!

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.

Warehousing and Logistics

LeanCor

Warehousing and Logistics: How Important is Synchronization? By: David Sherman – Lean Logistics Specialist. Warehousing is a key component of logistics management and how businesses manage the transportation and storage of their inventories. Warehousing and logistics must be aligned within a firm to have the most efficient effect on overall manufacturing production as well as outbound logistics activities.

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.

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. Effective Reverse Supply Chains. This excess of inventory can often pose as a problem when companies already have a long list of issues to tackle to remain relevant in the market. Such tools, like the Cerasis Reverse Logistics product , which is newly released, allow an employee to procure and dispose of surplus product from more than one location.

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. But increasingly, […].

Warehousing, the Rise of IT, Automation, and Now… Robotics

Logistics Bureau

From a simple place to stock goods, warehouses have developed in many ways—function and form included. Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Just-in-time techniques have led to more products arriving directly from manufacturing to the end-customer, shrinking warehouse use. Where to Do Your Warehousing. Who Will Do Your Warehousing?

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

Aside from the demand planning, customer order management, and supplier order management activities associated with Fulfillment most people traditionally think of Fulfillment in the context of the Warehouse or Distribution Centre. In a Warehouse all of the activities involved in sending INITIAL orders to Customers or Channels are considered Fulfillment. At a very crude level both involve the completion of orders in a Warehouse or Distribution Centre setting. Subscribe Here!

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. Smart warehousing.

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. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.

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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. Using the data gathered about your returns, an automated system can quickly determine whether an item coming back to your warehouse is suitable for resale or instead needs to be scrapped or repaired. Verifying this information can prevent unnecessary inventory loss. Control and visibility are closely intertwined parts of reverse logistics.

How Last Mile Delivery Affects the Supply Chain

The Network Effect

DC’s and FC’s will already have a robust Warehouse Management System (WMS). As many regional delivery hubs do not require the full breadth and depth of a WMS, some basic functionality is still needed: receiving, cross docking, inventory visibility, labor and task management, staging, driver check-in and check-out, quality audit, loading, and shipping. Returns and Reverse Logistics. By David Meyers. Principal, Supply Chain Technology, Tompkins International.

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50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Of course, warehouse optimization isn’t something you do just once; it’s an ongoing process, and a complex one at that.

Key Factors to Consider When Planning and Designing Warehouses

Logistics Bureau

Planning a Warehouse Network and Design: Key Factors to Consider. In this post, I’d like to talk about the key factors that will impact on the optimum facility network and design required to meet your warehousing or storage requirements. Since I first published this article back in 2009, warehouse design principles haven’t altered that much, but as we received many comments, including requests for more information, I figured it might be a good idea to expand on the original piece.

Optimising Inventory Control in Multichannel Businesses

Unleashed

With better inventory control and optimised management, your multichannel operation can perform at a higher level and meet customer expectations. Integrating inventory control with suppliers. Integrating your supply chain with your inventory control method is crucial for improving the consistency of your product supply. Improved inventory control is ultimately affecting your customer experience. Ensuring reverse logistics policies.

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

Cerasis

Warehouse managers face many challenges. These challenges can be overwhelming, but supply chain executives and managers can simplify the process by tracking these top warehouse management KPIs (key performance indicators). The Top Warehouse Management KPIs: Receiving and Put-Away KPIs. The first set of warehouse management KPIs supply chain executives need to understand revolve around receiving and put-away rates in a warehouse. Reverse Logistics KPIs.

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Why the Right Strategy to Managed Inventory Hinges on Clear, Concise Communications

Turvo

A managed inventory depends heavily on teams and leaders that can communicate with each other to avoid operational issues, overstocking, or worse, running out of inventory when the customer is ready to buy. It all makes communication a vital part of maintaining a managed inventory.

Countdown to Black Friday: Here Come the Returns. Now What?

CH Robinson Transportfolio

The best way to efficiently handle returns is to have a reverse logistics plan in place—keeping in mind that visibility and communication are key throughout the process. Be ready for inbound merchandise to arrive at your warehouse and have processes in place to validate those returns—perhaps by involving a third party. Does it go right back into inventory? Does your warehouse have dedicated space and resources? How was your Black Friday, logistically speaking?

Event Sales Streamlines Reverse Logistics Buying Opportunity

FLEXE

<p>Since 1985, Minneapolis-based Event Sales has been serving the reverse logistics needs of retailers and manufacturers seeking to dispose of excess merchandise. </p> <p>One key to providing great service is having a distribution and logistics capability that can respond quickly to buying opportunities – no matter where that inventory exists.

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.

How Strong Last Mile Solutions Lead to Happier Holiday Shoppers

CH Robinson Transportfolio

Keep in mind that your reverse logistics plan should revolve around visibility and communication. Prepare for inbound merchandise at your warehouse and have processes to validate those returns— perhaps by involving a third party. With a large percentage of returns ultimately ending up in the secondary market, it is important to consider creative ways to quickly turn inventory through crowded warehouses while still achieving optimal recovery values.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

Now consider that this same data entry occurs between all suppliers, customers and logistics carriers. And consider forecast data, planning parameters, cost and price information, materials details and specifications, purchase orders (and all of the accompanying changes and updates), bills of lading, labels, inventory records, and much more. It will include any of your logistics carriers and all of your customers. Subscribe Here! Email Address.

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.

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

Cerasis

Rather than allowing physical staff to assign consumer credits upon merchandise return, the warehouse should use an automated system. 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. Interface With Warehouse Management System. Reverse Logistics Return Merchandise Authorizations

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

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.

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.

Preparing for the Future of Supply Chains

Talking Logistics

If you could tell a warehouse manager back in 1980 that someday robots would be working alongside humans in the racks, or that individual items could be tracked and traced in real time, they would have laughed it off as science fiction. This practice rewards forward-thinking—quite literally, in this case—supply chain and warehouse management teams that accept and embrace the change that will revolutionize workflows many times over between now and retirement.

Is Your Returns Process a Ticking Time Bomb?

invata

For many businesses the answer is to outsource the returns process, but for companies that want to integrated their reverse logistics process into their overall supply chain processes there are many innovative and creative options that businesses can use to enhance their competitive edge.