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. In other words, analytics are associated with today’s warehouses and supply chains in the direction of a supplier to customer. However, reverse logistics can benefit from analytics as well.read More. Data Reverse Logistics Analytics in Reverse Logistics

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.

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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?

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.

Reverse Logistics for the Holidays

3PL Insights

The global reverse logistics market is expected to grow to $603 billion by 2025, so developing a strong reverse logistics strategy is important. What is Reverse Logistics?

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.

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.

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!

A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? The OEM turned over management of one of the most critical, high-volume segments of its reverse logistics program—the processor business—saving the manufacturer millions of dollars each year; reducing excess inventory; increasing same-day, on-time ship rates; and improving customer satisfaction. Inadequate planning and execution resulted in excess and obsolete inventory and poor utilization of warehouse space.

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

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

[WHITE PAPER] Reverse Logistics: The Key to Omnichannel Success

Veridian Solutions

Companies cannot afford to write-off the costs of reverse logistics. Up to 50 percent of all returned products are resold in an attempt to recoup costs, reports Andrew Orben of Tekovery, as published within Edition 99 of Reverse Logistics Magazine. With the risks of returns rising in tandem with the growth of e-commerce, supply chain leaders must understand why a focus on reverse logistics can make or break a profitable supply chain.

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. Common Problems in Handling Reverse Logistics. The biggest problem in reverse logistics for omnichannel stems from the complexities of 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.

Warehousing and Logistics

LeanCor

Warehousing and Logistics: How Important is Synchronization? By: David Sherman – Lean Logistics Specialist. Warehousing is a key component of logistics management and how businesses manage the transportation and storage of their inventories. Warehousing and logistics must be aligned within a firm to have the most efficient effect on overall manufacturing production as well as outbound logistics activities.

Are Your Reverse Logistics Leaking Profits?

Supply Chain Cowboy

In this episode of the Supply Chain Cowboy Podcast, I talk with Curtis Greve to get his expert advice on how best to handle reverse logistics. Reverse logistics are kind of funny in that they tend to fly under the radar. He’s also one of the founders of the Reverse Logistics & Sustainability Council (RLSC), the premier group on advancing the field of reverse logistics.

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. Warehouse and storage costs. The Causes of Excessive Costs in Reverse Logistics. Improving Reverse Logistics Management.

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. Effective Reverse Supply Chains. As most warehouse strategies are formed to combat issues of product shortage or provide important accounting data regarding a product, technology has been created to help reverse supply chains and drive larger recovery by serving the business needs for selling surplus.

What is reverse logistics and why should businesses pay attention to it?

Shipsy

When it comes to managing logistics, most of the businesses think that it involves managing orders, assigning them to the right vehicle, tracking them in real-time, and delivering them to the customer’s location. What most of the businesses underrate is reverse logistics.

Warehousing, the Rise of IT, Automation, and Now… Robotics

Logistics Bureau

From a simple place to stock goods, warehouses have developed in many ways—function and form included. Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Just-in-time techniques have led to more products arriving directly from manufacturing to the end-customer, shrinking warehouse use. Where to Do Your Warehousing. Who Will Do Your Warehousing?

Three Reasons to Give Advanced Track and Trace Capabilities a Fresh Look

Logistics Viewpoints

Inventory Management Reverse Logistics Supply Chain Risk Management Warehouse Management Systems 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. Organizations need to know what goes into their products and their location at all times. But increasingly, […].

Why Reverse Logistics Management Should Be a Priority

AFFLINK

What Is Reverse Logistics? Essentially, reverse logistics is the term for any operation that is related to the reuse of materials. Reverse logistics does also include proper disposal of materials that are damaged or cannot be salvaged, but good reverse logistics management practices minimize disposal as a whole and keep the cost of actual disposal down. The History of Reverse Logistics.

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

Aside from the demand planning, customer order management, and supplier order management activities associated with Fulfillment most people traditionally think of Fulfillment in the context of the Warehouse or Distribution Centre. In a Warehouse all of the activities involved in sending INITIAL orders to Customers or Channels are considered Fulfillment. At a very crude level both involve the completion of orders in a Warehouse or Distribution Centre setting. Subscribe Here!

How Last Mile Delivery Affects the Supply Chain

The Network Effect

DC’s and FC’s will already have a robust Warehouse Management System (WMS). Returns and Reverse Logistics. The Network Effect appointment scheduling delivery last mile logistics optimization reverse logistics route planningBy David Meyers. Principal, Supply Chain Technology, Tompkins International.

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50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. Of course, warehouse optimization isn’t something you do just once; it’s an ongoing process, and a complex one at that.

Building a Return Management Strategy for this Holiday Season

CH Robinson Transportfolio

Companies that effectively manage returns retain more customers and save money on the logistics side of their business. Using the data gathered about your returns, an automated system can quickly determine whether an item coming back to your warehouse is suitable for resale or instead needs to be scrapped or repaired. Control and visibility are closely intertwined parts of reverse logistics. The holidays can be “the most wonderful time of the year.”

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. These jobs could involve working in a Warehouse, Distribution Centre, Manufacturing operation, or in an Office environment, or all of the above.

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The 5 R's of Reverse Logistics

Material Handling & Logistics

Check out this infographic and learn how smart logistics can generate a better bottom line. Sponsored Global Supply Chain Technology & Automation WarehousingWhen 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. read more.

Key Factors to Consider When Planning and Designing Warehouses

Logistics Bureau

Planning a Warehouse Network and Design: Key Factors to Consider. In this post, I’d like to talk about the key factors that will impact on the optimum facility network and design required to meet your warehousing or storage requirements. Since I first published this article back in 2009, warehouse design principles haven’t altered that much, but as we received many comments, including requests for more information, I figured it might be a good idea to expand on the original piece.

What Are the Top Warehouse Management KPIs Every Supply Chain Exec Should Measure

Cerasis

Warehouse managers face many challenges. These challenges can be overwhelming, but supply chain executives and managers can simplify the process by tracking these top warehouse management KPIs (key performance indicators). The Top Warehouse Management KPIs: Receiving and Put-Away KPIs. The first set of warehouse management KPIs supply chain executives need to understand revolve around receiving and put-away rates in a warehouse. Reverse Logistics KPIs.

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7 Reasons Why 2016 is the Year of Warehouse Robots

Cerasis

The benefits to the use of warehouse robots, loading, unloading and delivery are evident. Robots are rapidly becoming one of the most prevalent enterprises within the logistics industry. Around the globe, different companies and organizations are continually looking for ways to design, bills, and sell robots for the logistics industry that do not impinge upon the Kiva hat. Driving Forces Behind the Increase in Use of Warehouse Robots.

Warehouse Material Handling: The Complete Guide

EMERGE App

Warehouse material handling literally determines how safe your employees are, how productive they remain, and how motivated they are to keep working. Are you concerned about how effective your warehouse material handling processes are? Warehouse Material Handling Dimensions.

Event Sales Streamlines Reverse Logistics Buying Opportunity

FLEXE

<p>Since 1985, Minneapolis-based Event Sales has been serving the reverse logistics needs of retailers and manufacturers seeking to dispose of excess merchandise. </p> <p>One key to providing great service is having a distribution and logistics capability that can respond quickly to buying opportunities – no matter where that inventory exists.

Countdown to Black Friday: Here Come the Returns. Now What?

CH Robinson Transportfolio

The best way to efficiently handle returns is to have a reverse logistics plan in place—keeping in mind that visibility and communication are key throughout the process. Be ready for inbound merchandise to arrive at your warehouse and have processes in place to validate those returns—perhaps by involving a third party. Does your warehouse have dedicated space and resources? How was your Black Friday, logistically speaking? Supply Chain Returns Reverse Logistic

What’s the Difference Between Logistics and Distribution?

Supply Chain Game Changer

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Let’s start by considering the common definitions that are used for each of Logistics and Distribution. Logistics. Comparing Logistics and Distribution. Subscribe Here! Email Address.