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?

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. That’s the process of reverse logistics. So, what is reverse logistics, and what does it mean to your supply chain? Freight Shipping & Logistics Business Shipping

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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. This is why blockchain in reverse logistics go well together. Blockchain 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. 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.

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.

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.

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.

A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? Configured a highly structured and efficient reverse logistics program to supplement demand inventory and reduce sourcing costs. Improved on-time, same day ship rates from 84 percent to 99 percent. Subscribe Here!

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.

Moving Forward After a Reverse Logistics Pitfall

ModusLink Corporation

Companies spend any amount of dollars necessary – on everything from research & development, to product assembly, to packaging and shipping – in order to get a new product out and ready for its consumers, regardless of whether it’s being sold via brick and mortar, e-commerce or both. While a company’s forward logistics operations may […]. The post Moving Forward After a Reverse Logistics Pitfall appeared first on ModusLink Global Solutions.

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 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.

[WHITE PAPER] The Ultimate Guide to Transportation Reverse Logistics

Cerasis

Here at Cerasis, we think it’s important that our clients and customers understand that transportation reverse logistics (or reverse logistics in general for that matter) is much more than just a flashy buzzword. A key part of that is that you fully understand not only what reverse logistics involves and how it can help you, but what its history is. Reverse logistics really does go back further than most people realize.

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. In today’s world, consumers expect free return shipping, and failure to offer a positive, easy returns experience can have a detrimental effect on future sales.

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. It’s just being thrown away.” – Gailen Vick, Executive Director, Reverse Logistics Association.

Understanding Reverse Logistics in Five Minutes or Less

Softeon

Moving goods requires so much more than just shipping them to a final location. If you want to look at a holistic way to better handle those tasks, you need to think about reverse logistics. What Is Reverse Logistics? Reverse logistics is not a fully defined concept in the industry. The best way to summarize it as a concept is to define reverse logistics as the processing of products after a sale. The Sale is Done – But it’s Not Over.

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.

Less Than Truckload Shipping Trends to Wrap Up 2018

Cerasis

Shipping rates will continue to soar, and demand for more capacity will push the stretched industry to its breaking point, says Michael Angell of Freight Waves. As consumers take to their favorite retailers, also due in part to the strong economy, volume shipped will increase.

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

Cerasis

Errors in product accuracy, which may occur when the wrong item is shipped out of the facility. The Top Logistics Trends that Will Impact Logistics Management in 2018?. While 79 percent of consumers want free return shipping, up to 62 percent of customers are more likely to shop online if they have the option to return a product in-store. E-Commerce Logistics Reverse Logistics

[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.

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.

6 Tips for Writing an Excellent Ecommerce Shipping Returns Policy

Cerasis

Because of this reality, return requests are inevitable, so it’s important that you have a proper ecommerce shipping returns policy. Show your customers you stand behind your product by making your ecommerce shipping returns policy easy to find. E-Commerce Logistics Reverse Logistics

How Last Mile Delivery Affects the Supply Chain

The Network Effect

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. The Network Effect appointment scheduling delivery last mile logistics optimization reverse logistics route planningBy David Meyers.

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

Supply Chain Game Changer

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. Subscribe Here!

Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

Cerasis

We will delve into what will set third-party logistics providers apart in the coming year, and what to expect as e-commerce continues to merge with brick-and-mortar retail. We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Logistics capabilities.

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The 5 R's of Reverse Logistics

Material Handling & Logistics

When it comes to maintaining loyalty, helping customers ship products back to you can matter as much as getting the products to them in the first place. Check out this infographic and learn how smart logistics can generate a better bottom line. read more. Sponsored Global Supply Chain Technology & Automation Warehousing

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.” Fulfillment can also be viewed in terms of orders being shipped inbound from suppliers to your Warehouse, in addition to orders being shipped outbound to customers from your Warehouse. Subscribe Here! Email Address.

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Black swans in the supply chain refer to unexpected, unusual disruptions within the supply chain, reports Melanie Nuce of Inbound Logistics. Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself. Shippers should work with multiple carriers and tap into the value of both LTL and intermodal shipping too.

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.

The Rewards of Getting Returns and Reverse Logistics Right

Supply Chain 24/7

With at least 30% of products ordered online being returned and shoppers wanting free return shipping, it's clear that a well-managed returns policy will attract new customers and boost loyalty, but how to achieve it is another matter

Last Mile Shipping Success Requires a Holistic Approach

Talking Logistics

Not long ago, people would take a Saturday afternoon to visit a furniture showroom, sit on several couches, fill out an order form, write a check, and wait six to twelve weeks for the sofa to be shipped to the store. Two-day shipping standards for packages is impacting consumer expectations of large format deliveries. It’s important for your last mile logistics provider to take a holistic approach and applies best practices in supply chain strategy including home delivery.

How Strong Last Mile Solutions Lead to Happier Holiday Shoppers

CH Robinson Transportfolio

But for many of us in the supply chain industry, the holiday shopping (and shipping) season has been on our minds for months already. But what exactly goes into a last mile shipping strategy? Each should have its own place in your holiday shipping strategies.

[WHITE PAPER] The Wonderful World of Managing Parcel Shipping Spend

Cerasis

Cerasis is excited to announce the release of an all new, exclusive, & educational resource “The Wonderful World of Managing Parcel Shipping Spend” white paper! This is a must read for those who want to reduce costs in parcel shipping and increase overall proficiency in parcel shipping spend management! Managing parcel shipping spend in the 21st century is exceedingly complex. What is in the Parcel Shipping Spend Management White Paper?