What Is Reverse Logistics’ Role in 2020 Supply Chain Trends

Cerasis

As customers continue to shop online through the remainder of the year, the demand on reverse logistics—particularly the process of managing returns—will skyrocket. The global reverse logistics market is forecast to hit US$603.90 Reverse Logistics Supply Chain Trends

When to Outsource Reverse Logistics

Cerasis

Reverse logistics are a major hurdle to efficiency and profitability in modern supply chains. As a result, supply chain executives need to find a way to handle the reverse logistics problem. The post When to Outsource Reverse Logistics appeared first on Transportation Management Company | Cerasis. Reverse Logistics outsource reverse logistics

Reverse Logistics Technology: What to Expect

Cerasis

Supply chains face an ongoing crisis with the threat of rising demands across consumers and business-to-business purchasers. Unfortunately, the rising demand is a true risk to the state of reverse logistics. Reverse Logistics Supply Chain reverse logistics technology

Using Technology to Integrate Reverse Logistics Strategies

Cerasis

Supply chain leaders have faced significant challenges in the past, and in 2020, the supply chain coronavirus crisis has put a spotlight on the need for supply chain resilience and integration. Among these, integrated reverse logistics strategies can make or break successful operations. The post Using Technology to Integrate Reverse Logistics Strategies appeared first on Transportation Management Company | Cerasis.

5 More Reverse Logistics Metrics to Track

Cerasis

Across returns supply chains—a core component of reverse logistics—the need to improve performance has never been higher. Companies across the globe have taken note of the value of big data analytics in logistics and how tracking key performance indicators (KPIs) and core metrics can dramatically affect supply chain performance. The post 5 More Reverse Logistics Metrics to Track appeared first on Transportation Management Company | Cerasis.

Understanding the Role of Analytics in Reverse Logistics

Cerasis

Analytics can be used to improve operations throughout the entire supply chain, but the role of analytics is often applied to warehouse operations and forward logistics. However, reverse logistics can benefit from analytics as well.read More.

Managing Reverse Logistics: The Value of Integration

Cerasis

Managing reverse logistics can be challenging. Unfortunately, the rate of returns and demand for reverse logistics are increasing. As reported by Supply Chain Dive, the Reverse Logistics Association estimated “more than $550 billion worth of returns move through the economy per.read More. The post Managing Reverse Logistics: The Value of Integration appeared first on Transportation Management Company | Cerasis.

Reverse Logistics Analytics: How to See Past Customer Delivery

Cerasis

The application of analytics offers opportunities to increase supply chain value, and in today’s world, few applications of analytics carry the weight placed on reverse logistics analytics. The rate of returns and demands for reverse logistics continue to skyrocket, and with companies facing grave uncertainty already, disruptions within reverse logistics will only lead to added.read More. Data Reverse Logistics reverse logistics analytics

Target Reverse Logistics: Start With the Top Challenges in the Reverse Supply Chain

Cerasis

Establishing clear channels for the routing of reverse logistics represents a significant challenge in the modern supply-chain. Organizations that successfully target reverse logistics challenges can streamline the returns management process and lower total freight spend. As a result, supply chain executives need to understand the top challenges in the reverse supply chain and their role.read More.

Looking Beyond Four Walls With SaaS-Based Reverse Logistics

Cerasis

Supply chains are trying to fulfill more e-commerce orders, and out-of-stock SKUs have become almost expected. Meanwhile, the massive surge in demand continues to push forward another aspect of logisticsreverse logistics. Reverse logistics costs further contribute to higher total cost of ownership within the supply chain and.read More. Reverse Logistics SaaS-Based Reverse Logistics

How to Deploy Reverse Logistics Automation in 5 Simple Steps

Cerasis

Managing reverse logistics presents new challenges in the post COVID-19 world. Instead of simply managing returns and isolating defects, supply chain executives must now consider how returned products could lead to higher safety risks. The supply chain coronavirus (COVID-19) impact also undermines efficiency in.read More. The post How to Deploy Reverse Logistics Automation in 5 Simple Steps appeared first on Transportation Management Company | Cerasis.

Reverse Logistics Companies: Using Metrics to Track Performance

Cerasis

The returns supply chain remains difficult to manage. According to Jeff Ladner via Supply & Demand Chain Executive, the maintenance, repair, and operations materials costs comprise up to 15% of total operating costs. The post Reverse Logistics Companies: Using Metrics to Track Performance appeared first on Transportation Management Company | Cerasis. Reverse Logistics reverse logistics companies

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. 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

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.

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.

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 ).

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 Reverse Logistics Role in Supply Chain Trends!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What Exactly Is Reverse Logistics? Reverse logistics role article and permission to publish here provided by Kevin Jessop at cerasis.com. The global reverse logistics market is forecast to hit US$603.90

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. 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

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.

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?

Building a Better Data-Driven Reverse Supply Chain

Cerasis

How often do you really think about the reverse supply chain? It’s easy to assume the reverse supply is solely based on returns. While this is partially true, all reverse logistics involve a backward flow of products that return to their origin, it’s not that simple. The post Building a Better Data-Driven Reverse Supply Chain appeared first on Transportation Management Company | Cerasis.

Data 191

Access The Big Benefits of an Effective Reverse Logistics Webinar Replay

Cerasis

Cerasis put on a 75-minute webinar entitled, The "Big Benefits of Effective Reverse Logistics" Webinar on September 30th, 2015 at 2:00 PM CST. We had a great turnout with over 170 logistics managers, supply chain officers, and those in the transportation world registering and attending the webinar. Download the Reverse Logistics Webinar Replay, Transcript, and Presentation by Filling out the Form Below. What is Reverse Logistics?

Reverse Logistics Returns Opportunity: Win Customers & Save Money

ModusLink Corporation

Even brands with the best products must handle returns, but when it comes to supply chain and go-to-market strategy, returns are typically glossed over. The post Reverse Logistics Returns Opportunity: Win Customers & Save Money appeared first on Steel Connect. Reverse LogisticsBrands and consumers often share a similar perspective when it comes to returns: it’s their least favorite part of the buying experience.

What Your Inventory Reveals about Your Reverse Logistics

PLS Logistics

Supply chains share common goals: increase productivity, reduce costs, mitigate risks. Common goals for reverse logistics are to improve customer satisfaction, cut costs, maximize return on assets. Reversing the supply chain means taking in returns, recalls, damaged goods and overstocked merchandise and recapturing its value or disposing of it. The Importance of Reverse Logistics. Logistics Transportation Supply Chain Inventory

Mapping the Reverse-Logistics Supply Chain

Supply Chain Brain

Reverse logistics has become a prerequisite for businesses dealing with connected in-field assets that are managed by service-based contracts. But many have yet to master the complex process, which is directly linked to an organization’s profitability

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.

How to Move Forward with Reverse Logistics

Talking Logistics

The same goes for many planned and well-organized supply chain processes – they carry with them the threat of unplanned and unintended events, especially when moving product from the point of origin to its final destination. And it is when that shipment does not arrive in its best condition that shippers experience the reverse logistics process. Brooks Bentz is President, Supply Chain Consulting Services at Transplace.

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 efficiencies in supply chain related processes by approximately 15 percent.

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] Therefore, reverse logistics companies are preparing for managing the influx of returned or replaced items during this time.”[2].

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.

Light Bulbs To Rugs, IKEA’s Commitment To Reverse Logistics & The Circular Supply Chain

Cerasis

Reverse logistics presents unique challenges and opportunities. Ikea, a company known for innovation , is facing the enigma of reverse logistics head on. Ikea is looking at other ways it can provide end-to-end supply chain solutions. It’s not a revolution, but you have to actually fundamentally change your supply chain to do that.”. Editor's Contribution: IKEA Leading the Way in the Circular Supply Chain.

Moving Forward After a Reverse Logistics Pitfall

ModusLink Corporation

While a company’s forward logistics operations may […]. The post Moving Forward After a Reverse Logistics Pitfall appeared first on ModusLink Global Solutions. Returns Management logistics returns reverse logistics RL supply chain warehouse

Transform Your Business With a Holistic Approach to Reverse Logistics

MP Objects Supply Chain Orchestration

As noted by Supply & Demand Chain Executive, “ reverse logistics are costing supply chains a fortune ” – $50 billion, to be exact, according to the Reverse Logistics Association. Relegating reverse logistics to the isolated and siloed back alley of the supply chain will no longer cut it. Reverse Logistics Returns Management Supply Chain Optimization Supply Chain Management