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We spoke with CTSI-Global to learn more about their approach to transportation management and the solutions they provide for businesses navigating the complexities of supply chain operations. CTSI-Global operates at the intersection of logistics and technology, focusing on solutions that address the challenges of transportation management.
Reverselogistics 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 reverselogistics problem. The post When to Outsource ReverseLogistics appeared first on Transportation Management Company | Cerasis.
Across returns supply chains—a core component of reverselogistics—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.
As customers continue to shop online through the remainder of the year, the demand on reverselogistics—particularly the process of managing returns—will skyrocket. The global reverselogistics market is forecast to hit US$603.90 It’s the same story; customers want more and more. billion by 2025,read More.
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 reverselogistics analytics. The post ReverseLogistics Analytics: How to See Past Customer Delivery appeared first on Transportation Management Company | Cerasis.
Among these, integrated reverselogistics strategies can make or break successful operations. The post Using Technology to Integrate ReverseLogistics Strategies appeared first on Transportation Management Company | Cerasis. Failure to consider the ways in which the disruption affects all parts.read More.
It would be tempting to think of reverselogistics as forward logistics done backwards. Reverselogistic isn’t simply a reverse gear. Reverselogistics can also have a dramatic effect on steering a company’s fortunes. This also qualifies as reverselogistics.
As reported by Trimble, a well-thought-out strategy for tracking performance through reverselogistics KPIs allows organizations to reduce administrative costs, shorten cycle times, reduce TCO, increase customer service, and derive more value from returns management. Unfortunately, figuring out which.read More.
Unfortunately, the rising demand is a true risk to the state of reverselogistics. The post ReverseLogistics Technology: What to Expect appeared first on Transportation Management Company | Cerasis.
What is reverseLogistics? Before we dive in the nuances of reverselogistics, otherwise known as return logistics, integration, let's briefly recap what reverselogistics is. Reverselogistics refers to all operations related to the reuse of products and materials.
Many people associate reverselogistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverselogistics,” it is important to understand the history of reverselogistics, the benefits of reverselogistics and why it’s a rising practice, especially in aftermarket industries.
Meanwhile, the massive surge in demand continues to push forward another aspect of logistics—reverselogistics. Reverselogistics costs further contribute to higher total cost of ownership within the supply chain and.read More.
Managing reverselogistics can be challenging. Unfortunately, the rate of returns and demand for reverselogistics are increasing. As reported by Supply Chain Dive, the ReverseLogistics Association estimated “more than $550 billion worth of returns move through the economy per.read More.
Business case creation involves top logistics, finance, or business unit executives. The projects include local finance, warehousing, and transportation managers who help to pull the data surrounding rents, transportation costs, customs, and other marginal costs together.
Reverselogistics is filled with risk, and the rate of reverselogistics in e-commerce is higher than any other channel, reports Business2Community. Using a WMS in reverselogistics can help meet this rise in demand and increase customer satisfaction. GET YOUR COPY HERE. Download White Paper.
Managing reverselogistics presents new challenges in the post COVID-19 world. The post How to Deploy ReverseLogistics Automation in 5 Simple Steps appeared first on Transportation Management Company | Cerasis. And the need for efficient returns continues to grow in tandem.
However, reverselogistics can benefit from analytics as well.read More. The post Understanding the Role of Analytics in ReverseLogistics appeared first on Transportation Management Company | Cerasis.
The post ReverseLogistics Companies: Using Metrics to Track Performance appeared first on Transportation Management Company | Cerasis. According to Jeff Ladner via Supply & Demand Chain Executive, the maintenance, repair, and operations materials costs comprise up to 15% of total operating costs.
Establishing clear channels for the routing of reverselogistics represents a significant challenge in the modern supply-chain. Organizations that successfully target reverselogistics challenges can streamline the returns management process and lower total freight spend.
While the revenue growth in transportation management was not discussed, their Cloud TMS business is growing. In the last six months, we have not seen a single transportation deal that does not include network capability. In 2023, Blue Yonder acquired Doddle, an application for returns and reverselogistics.
It’s easy to assume the reverse supply is solely based on returns. While this is partially true, all reverselogistics involve a backward flow of products that return to their origin, it’s not that simple. Returns may derive from buyer’s remorse, damage to items,read More.
Cloud-based transportation management offers a variety of benefits for businesses that operate in the global supply chain. But there are times when it becomes necessary to outsource the entire process thoroughly, which many refer to as transportation as a service. Why Outdated Approaches to Transportation Management Can Fall Short .
What is ReverseLogistics? A Com prehensive Guide Reverselogistics is a vital yet often overlooked aspect of supply chain management. While traditional logistics focuses on moving goods from the manufacturer to the customer, reverselogistics handles the reverse flowproducts moving from the customer back to the business.
Managing parcels for outbound shipping represents only a portion of a shipper’s overall logistics strategy. Freight spend must include parcel in reverselogistics spend, and major carriers are turning their attention to the value stream of proactive parcel management in reverselogistics. Download Here.
Needs for efficient reverselogistics 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.
Reverselogistics is difficult and costly. In order for retailers to appeal to this demand, they are having to bear the brunt of orchestrating difficult reverselogistics processes and eat the costs of doing so themselves. Moving Forward: ReverseLogistics Technology. In the U.S, Who pays the price?
Cerasis put on a 75-minute webinar entitled, The "Big Benefits of Effective ReverseLogistics" 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.
The costs of reverselogistics amount to more than $750 billion per year, and the demand for reverselogistics has risen in recent years with the rise of e-commerce. This is why blockchain in reverselogistics go well together. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.
However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverselogistics ). Basically, reverselogistics in the supply chain revolves around dealing with end-of-life, malfunctioning, or hardware upgrades.
While conventional logistics optimizes the flow of goods from producer to consumer, reverselogistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. BONUS: Download the Ultimate Guide to TransportationReverseLogistics White Paper.
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: reverselogistics. Piecing together the reverselogistics puzzle. Firstly, demand for reverselogistics is uncertain.
What Exactly Is ReverseLogistics? Reverselogistics role article and permission to publish here provided by Kevin Jessop at cerasis.com. As customers continue to shop online the demand on reverselogistics—particularly the process of managing returns—will skyrocket. Subscribe Here! Email Address.
Reverselogistics presents unique challenges and opportunities. Ikea, a company known for innovation , is facing the enigma of reverselogistics head on. To meet these challenges and take advantage of these opportunities, companies need to be both prepared and flexible.
And it is when that shipment does not arrive in its best condition that shippers experience the reverselogistics process. Reverselogistics is the invariable result of unintended consequences, which are typically referred to as “over, short and damaged” (OS&D). Customer returns.
While conventional logistics optimizes the flow of goods from producer to consumer, reverselogistics manages the processes for inverting that flow to deal with returned parts , materials and products from the consumer back to the producer. 5 Benefits of ReverseLogistics Management for Asset Recovery.
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. There are countless number of logistics service providers who offer many different types of broad and niche services. Read the full Post. Read the Full Post.
For all of you “in the know”, we are talking about reverselogistics – 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 reverselogistics: The first measure: Never have anybody returning anything.
to increase stake in India’s Flipkart H-E-B opens its biggest e-commerce fulfillment center ever NRF Announces Acquisition of ReverseLogistics Association Rockwell Automation announced it has signed a definitive agreement to acquire Ontario, Canada-based Clearpath Robotics. That’s all folks.
Therefore, reverselogistics companies are preparing for managing the influx of returned or replaced items during this time.”[2]. Reverselogistics: An inconvenient challenge. Journalist Maghan McDowell ( @maghanmcd ) calls returns (aka reverselogistics) “an inconvenient challenge” for retailers.[3]
Achieving balance within the flow of forward and reverselogistics is a complex task for modern supply-chain professionals. The post Product Returns: How Next-Generation Capabilities Improve Reuse, Reclamation, and Resale appeared first on Transportation Management Company | Cerasis. Supply chain executives expect results.
Ben Gordon and Joe Lynch discuss 5 trends shaping logistics and supply chain. In the interview, Ben reviews and discussed trends and interesting companies in ecommerce, final mile, cold chain, reverselogistics, and fulfillment. Returns and reverselogistics. About Ben Gordon. 3PLex was then purchased by Maersk.
This of course generates carbon from transportation activities. In the early 2020s, Microsoft’s transportation and logistics team needed to meet growing demand for cloud services while managing carbon, cost and cycle time. Microsoft’s transportation is outsourced to carrier partners.
Boxes in a Warehouse, reverselogistics stages. Reverselogistics, the process of managing product returns, repairs, recycling, and disposal, is crucial for organizations aiming to maximize efficiency and reduce environmental impact. Here’s a breakdown of the five essential stages of reverselogistics: 1.
Increasing reverselogistics complexity. Amid the rising costs of handling and processing large return volumes, many LSPs are striving but failing to integrate their forward and reverselogistics operations. Growing return volumes, spurred by e-commerce growth, are only exacerbating the pressure on LSPs.
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