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.

4 Important Benefits of a Sustainable Reverse Logistics Strategy

Cerasis

Businesses must decide which routes to use, where to manufacture products, and whether to employ the use of a third party logistics provider. However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). Basically, reverse logistics in the supply chain revolves around dealing with end-of-life, malfunctioning, or hardware upgrades.

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What Is Reverse Logistics?

Freight Center

Freight cargo moves from seller or manufacturer to the end customer, sometimes with the help of a third-party logistics company and sometimes handled internally through a large corporation. That’s the process of reverse logistics.

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?

The importance of reverse logistics in your supply chain network

Kinaxis

by Iman Niroomand Reverse logistics is defined as the process of moving goods beyond their typical final destination for things like re-use, capturing value, or proper disposal. All these processes require the product travel in reverse through your supply chain network. There are many advantages to implementing reverse logistics, and the benefits extend to not only customers, but manufacturers, as well. Is your supply chain ready to move in reverse?

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.

Blockchain and Reverse Logistics: Recapturing Costs and More

Cerasis

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. According to Stacy Rudolph of Business to Community, up to 30% of all products ordered online become returns, placing an insurmountable burden on reverse logistics. This is why blockchain in reverse logistics go well together. Blockchain Reverse Logistics

What Exactly Is Reverse Logistics?

Supply Chain Game Changer

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. I was certainly familiar with Repair, Recycling, Reclamation, Salvage and ReUse to that point but Reverse Logistics seemed like an odd phrase. And Why Is Reverse Logistics Important?

The Impact of the Coronavirus Crisis on Reverse Logistics

Enterra Insights

”[1] He adds, “Dependence on China for their manufacturing has put small and midsize businesses in jeopardy. 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]

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.

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!

A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? When one of the world’s leading manufacturers of personal computers set new goals for its European operations, ModusLink was there to help. The difficulties of forecasting demand in a service repair environment caused a major PC manufacturer to keep large amounts of spare parts on hand, resulting in skyrocketing inventory costs and poor utilization of warehouse and factory space. Subscribe Here! Email Address.

The Complete Logistics Picture: The Role of Parcel in Reverse Logistics

Cerasis

Managing parcels for outbound shipping represents only a portion of a shipper’s overall logistics strategy. Freight spend must include parcel in reverse logistics spend, and major carriers are turning their attention to the value stream of proactive parcel management in reverse logistics. In fact, the top carriers actively invested in parcel in reverse logistics to offer more options to shippers, such as the $1.4

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

A glass half full – the positive side of beverage reverse logistics in Asia

DELMIA Quintiq

Over the last three weeks I’ve written about beverage manufacturing in Asia. I explained why manufacturers have to acknowledge the region’s diversity if they want to improve their market penetration and wrote about the problems they will encounter along the way. So far, I focused on issues related to demand, supply, production , and product distribution logistics. In this blog, I am going to shine a light on one more aspect of the beverage industry: reverse logistics.

The Secrets to a Solid Reverse Logistics Strategy

CH Robinson Transportfolio

Reverse logistics may come into play. While it used to be an afterthought, reverse logistics is starting to play a larger role in many supply chains. Reverse logistics is about making strategic decisions when your product reaches the end of its life. Manufacturers need to ask, “Is there value I can gain if the product is returned to me in an end of life situation?” How do you maintain control and visibility over your reverse logistics strategy?

“Smartphone Inferno”: Lessons in Reverse Logistics

BluJay Solutions

Why should we focus on reverse logistics? Reverse logistics is defined as the process of moving goods from the point of consumption to the point of origin (manufacturer or retailer) to recapture value or ensure proper disposal. Traditionally, aftermarket service is considered one of the harder areas in logistics to manage, coordinate and operate efficiently. The post “Smartphone Inferno”: Lessons in Reverse Logistics appeared first on Kewill Inc.

Reverse Logistics Management for Supply Chain Cost Reductions

Logistics Bureau

Without a dedicated management focus, reverse logistics can impact supply chain costs substantially. Many of the costs associated with reverse logistics are hidden, making this a bountiful hunting ground for supply chain cost reductions, for those who dare to go looking. That’s why the most important first step in improving reverse logistics management is to dig down and understand the true costs of product returns in your operation.

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. As most warehouse strategies are formed to combat issues of product shortage or provide important accounting data regarding a product, technology has been created to help reverse supply chains and drive larger recovery by serving the business needs for selling surplus. Reverse Logistics Supply Chain reverse supply chains

Return Merchandise Authorization: What is RMA and Common RMA Policy Attributes

Cerasis

When a product needs to be returned, it must go through a return process, referred to as Reverse Logistics , and obtaining the return merchandise authorization (RMA) is typically the first step of the process. RMAs exist as reverse flows of products within the reverse logistics industry. Upon receiving the initial request, the representative, aided by the help of reverse logistics technology, needs to begin gathering information about the product.

Why Every Manufacturer Needs a Reverse Logistics Solution

Inbound Logistics

Reverse logistics solutions can improve the bottom line, and reduce potential regulatory liabilities

Sustainability in Logistics: Shippers Step up Initiatives to Combat 3 Obstacles

Cerasis

Near and far, logistics providers and shippers are renewing their focus on sustainability to build the manufacturing giants of tomorrow. As explained by Bob Trebilcock , sustainability in logistics initiatives are ranked as “very important” for up to 40.6 How Important Is Sustainability in Logistics? In fact, consumers are willing to pay an additional 5 percent for a product that is being processed by shippers that have implemented sustainability in logistics measures.

How to Mitigate the Impact of Product Recalls in Your Supply Chain

Logistics Viewpoints

They affect not only the consumers of potentially harmful products, but also manufacturers, retailers, transportation providers, and others throughout the supply chain. The post How to Mitigate the Impact of Product Recalls in Your Supply Chain appeared first on Logistics Viewpoints. Reverse Logistics Transportation Management Systems Uncategorized recalls transportation management

Retail 101

Why Reverse Logistics Management Should Be a Priority

AFFLINK

Suppliers and manufacturers must now deal with an influx of returned goods, which can be costly if not managed properly. What Is Reverse Logistics? Essentially, reverse logistics is the term for any operation that is related to the reuse of materials. The History of Reverse Logistics. Reverse logistics goes as far back as the American Civil War. Why Reverse Logistics Management Matters Today.

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

Logistics Viewpoints

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. Inventory Management Reverse Logistics Supply Chain Risk Management Warehouse Management Systems

Linking the Supply Chain and Reverse Chain!

Supply Chain Game Changer

What Exactly Is Reverse Logistics? Reverse chain article and permission to publish here provided by Glen Munholland at circularsupplychains.com. clean air and clean water acts of the late 1960s and early 1970s reversed some of the negative impacts. Subscribe Here!

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Reverse Logistics: 5 Steps for Better Backward Operations

Supply Chain Opz

Reverse Logistics: 5 Steps for Better Backward Operations. What is reverse logistics? Reverse logistics is often seen as a clerical function. According to the paper " An Overview of Some Reverse Logistics Practices in the United States " by Olorunniwo and Xiaoming 2011, - Reverse logistics cost is less than 5% of total logistics cost. NAVIGATE. Basics. Case Studies. Graphics. All Posts. About. Copyright. Privacy.

31 Motivations for Reshoring Manufacturing & Updated Reshoring Stats

Cerasis

Many off-shore manufacturers have returned to the U.S., Those changes, along with high costs of transporting materials and finished goods to and from overseas locations, make the value of reshoring likely to become a compelling financial reality for many manufacturers. manufacturers hurried to produce off-shore, believing significant cost reductions and huge profits would follow. 70% of manufacturers indicate that volatile energy costs are a major concern.

[INFOGRAPHIC] Reverse Logistics: Managing the Business Circle of Life

Cerasis

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 provides a guide for ensuring these returns do not become lost costs and have a second life. Reverse logistics.

Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

Cerasis

Approximately 60 percent of today's unfilled manufacturing jobs are due to a shortage of applicants with sufficient proficiency in science, technology, engineering, and math ( STEM ) skills. This estimate is according to responses provided by 83 percent of the manufacturing executives who participated in a survey conducted as part of an industry study by the Manufacturing Institute and Deloitte Consulting LLP. capacity to keep pace with needs of manufacturing.

6 Manufacturing Trends to Watch Out for in 2016

Cerasis

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. The Internet’s large-scale global penetration has spawned an increasingly large number of technology and web-savvy consumers, creating a huge opportunity for both industrial manufacturers and their end customers.

Trends 191

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.

SCM 84

Don’t Lose Your Balance on Electronic Recycling

Talking Logistics

Kevin is a certified Six Sigma Green Belt and has 35+ experience in Industrial Engineering in the electronics manufacturing and recycling business operations. The post Don’t Lose Your Balance on Electronic Recycling appeared first on Talking Logistics with Adrian Gonzalez. Guest Commentary Guest Commentary - GEODIS Supply Chain & Logistics Trends Sustainability dismantling electronic recycling ewaste GEODIS Mass Balance material recovery recycle reverse logistics tablet

Supply Chain as a Service (SCaaS)!

Supply Chain Game Changer

I began my career working in a manufacturing plant within an international company that was completely vertically integrated. From component manufacturing through to subassembly manufacturing and end product assembly they did it all. Within 10 years the company experienced a number of site closures and declared that manufacturing was no longer a core competency. We had phenomenal, global capabilities in Logistics and Procurement. Subscribe Here! Email Address.