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.

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 supply chain networks, materials flow from suppliers through to end customers. Supply chain executives measure the effectiveness of that flow using the on-time delivery (OTD) metric. All these processes require the product travel in reverse through your supply chain network.

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4 Important Benefits of a Sustainable Reverse Logistics Strategy

Cerasis

Business owners face endless decisions throughout all aspects of the supply chain. 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 ).

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.

What Is Reverse Logistics?

Freight Center

Most people are familiar with the traditional supply chain operation. 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.

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 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?

The Impact of the Coronavirus Crisis on Reverse Logistics

Enterra Insights

This dramatic change in consumer shopping habits emphasizes the importance of omnichannel strategies and a resilient supply chain. Hitendra Chaturvedi, a professor at the Supply Chain Department of W.P. companies in many ways, and nearly three-fourths of them have seen their supply chain significantly affected.”[1] ”[1] He adds, “Dependence on China for their manufacturing has put small and midsize businesses in jeopardy.

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? 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

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 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.

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?” Retail Reverse Logistics Supply Chain

“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. What was once mainly an afterthought is now an indispensable part of any robust supply chain in recent years. It’s just being thrown away.” – Gailen Vick, Executive Director, Reverse Logistics Association.

Linking the Supply Chain and Reverse Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What Exactly Is Reverse Logistics? Reverse chain article and permission to publish here provided by Glen Munholland at circularsupplychains.com. The post Linking the Supply Chain and Reverse Chain!

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Reverse Logistics Management for Supply Chain Cost Reductions

Logistics Bureau

Product returns—those sneaky, furtive entities which quietly work their way up your company’s supply chain, scuttling—often unnoticed— from one backwater to the next and stealthily eating away at your bottom line. Without a dedicated management focus, reverse logistics can impact supply chain costs substantially. Hidden Opportunities for Supply Chain Cost Reductions. The Causes of Excessive Costs in Reverse Logistics.

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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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. However, with a reliable technology platform and transportation network, shippers can mitigate the impact of widespread issues across supply chain functions and get operations back on track more quickly.

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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. It’s time to recognize Supply Chain as a Service (SCaaS)! Subscribe Here! Email Address.

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. However, both logistics and procurement often become isolated in modern companies, resulting in inefficient practices and a sluggish production value. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

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. Yet often the Supply Chain is undervalued. While every function must help your company grow and prosper when the heat is on uninformed Executives can view Supply Chain as merely a Cost Centre. Why is Supply Chain often undervalued? Promoting Supply Chain Value.

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. Unwanted items don’t come back to the seller through the same supply chain that brought them to the consumer. Instead, a separate — and inefficient — industry of reverse logistics exists solely for this purpose.

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.

10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.

Cerasis

Getting the raw materials needed to maintain production is one of the most important parts of the whole supply chain. However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Use Big Data Analytics to Ensure Real-Time Management of the Entire Supply Chain.

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

Cerasis

The Internet of Things (IoT) seems to be popping up in more conversations throughout the entire supply chain , and more businesses have turned towards IoT experts for guidance on how to take advantage of its benefits. Ultimately, the IoT Supply Chain will enable greater accuracy and identification of potential issues throughout supply chain processes. Most manufacturing processes heavily rely on the use of machinery.

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

Cerasis

The supply chain is filled with instances where a delivered product does not necessarily meet the expectations of the merchant, consumer, or other buyers. 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.

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

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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Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

So what does my nostalgic look back at my childhood have to do with the future of supply chains? And all of them, once they reach critical mass in the marketplace, will have a staggering impact on the future of supply chain. The WEF report focuses on five shifts that will directly influence supply chain. 3D Printing and Manufacturing. And that means an easier way to ensure end-to-end supply chain health and performance.

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

Cerasis

The days of managing supply chains through databases and changing information are over. Although blockchain is often related closely to cryptocurrency, it holds great value for use in supply chain management. Use of Blockchain in Supply Chain and Logistics Will Put Certain Departments at Risk As explained by Connor DiGregorio of Industry Week , blockchain technology carries a degree of risk for traditional supply chain departments.

Wearable Technology in the Supply Chain: 3 Core Benefits

Cerasis

Well, this example shows how wearable technology in the supply chain was being used 3 and a half years ago in 2012. However, the applications of wearable technology in the supply chain have grown beyond the computer-generated voice that spoke way too fast, way to monotone, and way too annoying. Today, wearables are becoming increasingly popular, and these devices have the potential to radicalize the typical supply chain in forward and reverse logistics processes.