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. But the freight shipping world isn’t so cut and dry.

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?

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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. In those cases, you would then have to organize shipping of the returned product and send it through various processes such as testing, dismantling, repairing, recycling or disposing of it. All these processes require the product travel in reverse through your supply chain network.

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]

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

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

“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. Transport and shipping costs. The Causes of Excessive Costs in Reverse Logistics. Improving Reverse Logistics Management.

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.

[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.

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.

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

Supply Chain Game Changer

Lean for instance is equally applicable in Supply Chain as it is in Manufacturing or anywhere else. The Supply Chain in the Financial sector is different from Manufacturing and Distribution for instance. The Supply Chain arranges for the appropriate logistics, and negotiates terms and conditions with Suppliers, audits Suppliers, and deals with quality strategies and issues. From the outbound perspective the Supply Chain also arranges logistics and delivery.

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

From Click to Ship in 4 Minutes! According to dictionary.com one of the definitions of Fulfillment is “the process or business of handling and executing customer orders, as packing, shipping or processing checks.” Whether the order is sent to an end consumer, another company, a Retail store, a Manufacturing facility or another Distribution Centre, the process of sending product to that customer is Fulfillment. Subscribe Here! Email Address.

The Tenuous Supply Chain of Your Returned Gifts

Elementum

Americans send back more than $260B in goods each year according to data provided by Optoro, a logistics company helping retailers handle the reverse supply chain of returned goods. Last year UPS alone predicted that it would ship 5 million packages back to retailers in the first week of January. Free return shipping offered by most companies means consumers can make low-stakes purchasing decisions from the comfort of home.

Why OmniChannel Solutions are Needed in Shipping & Logistics to Meet Consumer Demand

Cerasis

When the Internet first arrived, the idea of waiting for an extended period to receive a product was great, asserts Gordon Hellberg of Material Handling and Logistics. However, Amazon is shaking up the mix by seeking to make today’s e-commerce practices obsolete, and shipping and logistics providers need to understand why. Consumers are also expecting more of manufacturers and shipping companies. Shipping and Logistics Providers Seek to Attract Millennials.

Imagining the Supply Chain of the Future!

Supply Chain Game Changer

The back bone of all of it is Digital Technology: The Internet of Things (IoT) End to End Digital Connectivity Cloud Computing Blockchain Big Data Artificial Intelligence Predictive Analytics Machine Learning Virtual Reality Augmented Reality Voice Activated Technology Wearable Devices Robotics 3D Printing and On Demand, Additive Manufacturing Cyber Security Autonomous Vehicles Drones Software as a Service (SaaS) and much more. Subscribe Here! Email Address.

50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

Cerasis

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. INFOGRAPHIC] Top 10 Logistics and Supply Chain Facts of 2014. Top 4 Manufacturing Issues in America – Part 1 of 2.

The Impact of B2B E-Commerce on Manufacturers and Distributors.

Cerasis

Ultimately, B2B entities are experiencing dramatic impacts on distribution and manufacturing for several key reasons. In the past, software-as-a-service (SaaS) grew to dominate the manufacturing and warehousing industries. Amazon has created an environment where customers expect record-breaking delivery schedules and near-zero shipping costs. This helps customers select the right products, reducing costs incurred in the reverse logistics supply chain as well.

The Ocean Plastics Environmental Crisis!

Supply Chain Game Changer

And where is the focus on reversing the poor attitudes which is needed to fix this situation? If we truly had an effective reverse logistics system in place for the recovery, recycling and reuse of plastics we certainly would not have a problem of this size. Container ships travel across and around the Pacific Ocean to deliver plastics to China for recycling only for a lot of that plastic to end up back in the Pacific Ocean. Subscribe Here! Email Address.

Manufacturing and Logistics: Manufacturers Look towards Logistics Efficiency to Stay Competitive

Cerasis

A traditional viewpoint of manufacturers reveals many flaws in the efficiencies of standard shipping, transportation, and other logistics processes. Inherently, manufacturing and logistics go hand in hand. Manufacturers must receive raw material inbound and send out product to customers outbound. To take a quick step back, logistics refers to the forward and reverse flow of goods and services to retailers, businesses, and consumers.

What Makes an Effective OS&D Strategy?

CH Robinson Transportfolio

A food and beverage manufacturer is shipping into a large retailer. Ability to flexibly adapt logistics capabilities to unique exceptions. Carriers Reverse Logistics Supply Chain OS&DOne of the most popular downloads from the C.H. Robinson website in 2015 was the Do “Favored Shippers” Really Receive Better Pricing and Service? white paper that was based on research conducted by Iowa State University in conjunction with C.H. Robinson.

Iowa 41

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

Trends 226

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. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. 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. Top 15 Logistics Blog Posts of 2014.

Manufacturing Mobility Movement: The 5 Pillars & Why Executives Must Pay Attention

Cerasis

What makes or breaks a manufacturer's ability to grow, survive, and change in modern civilization? Do executive level decisions influence the small processes in a factory, or is the world simply ready for a new type of manufacturing industry? The Rise of the Manufacturing Mobility Movement. Essentially, manufacturing mobility is not just an improvement; it is a movement. Yes, some manufacturers are reluctant to embrace mobility.

[INFOGRAPHIC] The Rise of Enterprise Mobility in Manufacturing

Cerasis

With all of the emerging technology transforming manufacturing , supply chain, and logistics, such digitization, 3D printing or additive manufacturing , the Internet of Things , the great move to the cloud, big data, augmented reality, virtual reality, nanobots, and more, another great movement at the core of a lot of these other transformative technologies is enterprise mobility. What is Mobility as it Applies to Manufacturing and Other Businesses?

[WHITE PAPER] E-Commerce Logistics: The Rise Of Multi-Channel Supply Chains

Cerasis

Luckily, today's manufacturers and distributors now have LTL E-Commerce logistics solutions that they can rely on. Today, Cerasis is a leader in Less Than Truckload (LTL) shipping and freight management and utilizes powerful technology and apps to help create a better way to manage E-Commerce shipping solutions. In this white paper you will learn: The Evolution of Logistics from traditional channels to e-commerce. The Big Benefits of E-Commerce In Manufacturing.

The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

Cerasis

Take a look at how the IoT supply chain is changing the landscape in terms of equipment functionality, shipping processes, invoicing and payments, and analysis of trends. Most manufacturing processes heavily rely on the use of machinery. However, over the course of several months, this slight change in pressure could cause permanent damage to the machine, or it may cause additional problems for other aspects of the manufacturing process.

This Week in Logistics News (February 12-16, 2018)

Talking Logistics

So, without delay, here’s the supply chain and logistics news that caught my attention this week: E2open Proposes to Acquire Amber Road for $10.50 Freight Brokers See Profits Surge on Shipping Rush (WSJ – sub. XPO Logistics expects 750,000 European home deliveries for 2018 (Reuters). OpenPort joins the Blockchain in Transport Alliance to further transform the logistics industry. billion for logistics arm in latest round of funding (South China Morning Post).

Food 13

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.

The Effect of Consumer Delivery Demands on Shippers and How Retail Compliance Programs Can Help

CH Robinson Transportfolio

Unable to pass shipping costs on to consumers accustomed to free shipping, retailers must be as efficient as possible within this vast and complicated network. . Increasingly, they’re turning their sights to transportation and logistics—traditionally viewed as line item expenses, not core competencies—as a strategy to attract and keep customers in this new landscape. Our scale also allows us to handle unplanned shipping needs at a moment’s notice so you never miss a deadline.

The Effect of Consumer Delivery Demands on Shippers and How Retail Compliance Programs Can Help

CH Robinson Transportfolio

Unable to pass shipping costs on to consumers accustomed to free shipping, retailers must be as efficient as possible within this vast and complicated network. . Increasingly, they’re turning their sights to transportation and logistics—traditionally viewed as line item expenses, not core competencies—as a strategy to attract and keep customers in this new landscape. Our scale also allows us to handle unplanned shipping needs at a moment’s notice so you never miss a deadline.

Blockchain SCM Transformation Explained in Layman’s Terms

Shipchain

While this comparison is most commonly associated with benchmarking, it is also part of the reason why more people in the shipping industry are turning to blockchain for supply chain management (SCM). Now, no one knows the true nature and scope of products and the origin of manufacturing until the products arrive; and cases still exist where illegal or unethical practices are taking place. Blockchain Industry Shipping Supply Chain

SCM 68