This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
How often do you think about your retail reverselogistics strategy? It’s easy to assume retail reverselogistics is solely based on returns. While this is partially true, all retail reverselogistics involve a backward flow of products that return to their origin.
We follow an exhaustive list of supply chain and logisticsblogs to make this possible. If you want to start learning, we suggest you check out these top logistics and supply chain blogs. Top Logistics and Supply Chain Blogs We Love. Cerasis is another leader in the world of supply chain and logistics.
We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 LogisticsBlog Posts of 2014. Read the full Post.
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.
To reap the rewards of a data-driven e-commerce returns strategy, logistics leaders should follow these steps: Keep all stakeholders working together and sharing the right information with related communications via API-integrated systems. Contact Our ReverseLogistics Team Today.
A last-mile reverselogistics plan has become essential for providing a superior and delightful customer experience. It’s time to learn about the other half of the last-mile delivery—reverselogistics. What is last-mile reverselogistics? How to ace last-mile reverselogistics?
Reactive Tactics: A lack of structured, data-driven strategies leads to inefficiencies in returns management. The Ideal ReverseLogistics Wishlist Speedy, efficient returns processing. Quick reverse pickups. Considering a revamp of your reverselogistics? Enhanced customer satisfaction. Absolutely.
Returns management or reverselogistics refers to the process of handling and managing products that are returned by customers after purchase. Reverselogistics is a vital aspect for businesses to focus on, and it can be made more manageable with the implementation of an effective system.
We all know that returning items is a burden, so making reverselogistics and the returns experience smooth and frictionless is critical for customer satisfaction. Analyze your returns data and determine which items are forwarded back the most, and why. One of these challenges is holiday returns.
Use Real-Time Data to Inform Your Returns Management Strategy. The ability to collect data is meaningless without the ability to analyze the data to inform data-driven business decisions. However, not all supply chains have the capacity or resources to aggregate the massive stores of data available.
Logistics Applications of Blockchain Maintain Data for All Parties. Logistics applications of blockchain all derive from maintaining an incorruptible data resource. Furthermore, the logistics applications of blockchain range from the point of origin through delivery. It also affects reverselogistics.
That will inevitably mean shippers and brokers will need to find new ways to procure transportation for both forward and reverselogistics. In fact, with reverselogistics peak season upon the industry, data to understand reverselogistics procurement in the shipping industry is even more valuable. .
Today, the tech devices that entered the market in early 2016 are obsolescent, and more companies are looking for real-time data-driven decision making opportunities through the Internet of Things (IoT). As explained by Zvi Schreiber, CEO of Freightos, saving time for end users will be the cornerstone of all logistics operations in 2017.
Analyze your returns data and determine which items are forwarded back the most, and why. Before thinking about how to handle returns, think about how to eliminate the possibility of customers choosing the wrong items. Make sure to provide detailed descriptions, size guides, and a good visualization of your products.
With digital technologies, organisations can use data to maximise visibility into demand, inventory, capacity, supply, and finances. The use of automated business systems supports efficient management of procurement and sourcing policy changes, improved distribution, and better decision-making based on relevant, and accurate real-time data.
As businesses become more complex and expand into the global platform, you can only imagine the number of operators, workers, services, goods, and data that go in and out of logistics hubs. Typically, logistics hubs house offices, storage facilities, warehouses, distribution centers, trucking, and shipping services. Conclusion.
Cloud & Big Data. View all Infosys blogs. The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Reverselogistics Design : Materials after consuming should be effectively used for re-use, repair, recycle, remanufacture and redistribution.
In addition, shippers were responsible for the whole of their operations, ranging from carrier negotiations through freight settlement and dispute resolution practices like reverselogistics. . Around-the-clock, anywhere access empowers global operations with advanced metrics and data. Reduced risk for damage to the freight.
In the world of logistics, 3PL company DHL has run Uber-style delivery operations by contracting out smaller jobs to people who use a DHL smartphone app to offer to do local deliveries. Walmarts announcement of the test service in a blog post from its chief operating office, Michael Bender, had two items of note for 3PLs.
As a result, an external benchmarking tool , explains Olga Rissin of CHAINalytics , offers the benefits of reducing internal spend and accessing outside data, which further drives competitive advantage and lower spend in managing the procurement supply chain. Use Big Data Analytics to Ensure Real-Time Management of the Entire Supply Chain.
ReverseLogistics. Another challenge to overcome in logistics is returns. This has increased the interest of organizations to implement reverselogistics and end-of-life management in a much more sustainable way. To read the entire blog visit BlueGrace Logistics.
A blockchain may be public or private, allowing specific groups the ability to view and edit data before it enters the chain. Once registered, the data cannot be changed which means that any suspicious activity can be identified almost immediately. There is not a single authority over the chain, nor does a limit to its length exist.
As we stated in our state of transportation management systems blog post earlier in the year , unfortunately, not all shippers are taking advantage of a TMS just yet. The driving force of simplification in transportation technology is the use of a transportation management system.
percent of all B2B sales by 2020, explains Ranga Bodla of Netsuite Blog. Unfortunately, meeting this ever-changing demand means companies must have a way of generating and analyzing real-time data reflecting what customers want now. Big Data Is Needed to Identify Real-Time Demands on the Supply Chain.
More and more enterprises will be focusing on processes like ethical sourcing, reverselogistics, and using green materials in response to public demands. Dubbed YAFO, the modeling tool also helps users understand how forests will adapt to a changing climate, drawing on data from multiple European countries. .
Limited Granularity of Data Leads to a Lack of Actionability. When a shipper cannot understand the various factors playing into market volatility, this is known as limited granularity of data. Advancements in technology and the proliferation of e-commerce have created a somewhat cyclic supply chain that can route orders from anywhere.
Also, if you would like to read anything related to the supply chain you can read all the supply chain blogs in that category here or search any keyword in the search bar to the right. It also requires the ability for logistics and supply chain managers to look at forward moving logistics as well as reverselogistics. .
Read also: Tackling Vehicle Idling in Last-Mile Logistics 4. Reverselogistics costs: Returns and product replacements significantly impact operational costs. In conclusion, the implementation of these strategies, backed by real-time data, can help businesses significantly trim their last-mile delivery costs.
To manage a global supply chain effectively, manufacturers can predictive technology that can handle and analyze the data coming through the supply chain to ensure businesses remain competitive. The post How ERP can help the automotive parts and accessories industry in a post-COVID world appeared first on SYSPRO Blog.
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. Automation within Advanced Supply Chain Technologies Will Increase.
Agile delivery times are a concern for e-commerce logistics, especially as order quantities rise. Reverselogistics Online businesses also confront the difficulty of reverselogistics. Reverselogistics must be done well in order to guarantee cost savings and customer satisfaction.
It makes use of real-time data to oversee sales, inventory, and fulfillment processes. Makes reverselogistics simpler: It is no news that reverselogistics has become just as important as order fulfillment. The post Locus’ Guide to Optimal Last-Mile Order Management System appeared first on Locus Blog.
According to data gathered by Loop Returns , that number increased by 41% for online orders during the holidays in 2020. Returns need to be entered into this system to close the loop and ensure accurate and real-time inventory data. Track the data and use it to refine your process.
Systems must have the capability to share data freely, and with the rising complexity of modern supply chains, data sharing can be problematic. Moreover, data sharing is only as valuable as the timeliness of data, so the demand for real-time information has grown dramatically.
The following are some key tactics that will direct the successful application of reverse packaging logistics: Sustainable Design Using sustainable design is the first step toward enhancing packaging reverselogistics. This maximizes productivity and makes it possible for data analysis to continuously enhance procedures.
1 Study the Data It’s no happy accident that ShipMonk was adamant about including complete, real-time transparent data in the 3PL software our fulfillment services stem from. Equally important is the reverselogistics aspect of order fulfillment services when customers aren’t happy with what they received.
With the advent of the ELD Mandate, it is apparent that the industry is moving towards an increased use of data and automation to aid in visibility and improving efficiency around current manual processes. As explained by Trucks.com , this is due to the ability of blockchain to track virtually any data entry on any given network.
Panelists for the event are Sudarsan Thattai, Chief Information Office for Lineage Logistics, and Ketan Karkhanis, Turvo’s Chief Product Officer, moderated by FreightWaves’ VP of Sponsored Content, Mary Anne Hensley. Take a moment to think about the definition of digital transformation in logistics.
Data Types and Quality Variances Complicate Managing Supply Chain SLAs In the U.S., For instance, procurement and reverselogistics processes, such as reclamation of raw materials and metals from old products, may be enhanced through blockchain technology to document the origin of a product prior to manufacturing.
It gives you visibility into processes and transactions in real-time with historical data records. Upgrade your inventory management software. Software is an essential tool for managing a business in today’s world.
As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. Another thing we talk about quite often on our blog is how companies often misjudge the needs and preferences of their customers. Reverselogistics.
Without data and insights, creating strategies to enhance SCM is like groping in the dark. Amidst a sea of carriers, picking one that matches the right SLA, cost, and other parameters can be a daunting task given the overwhelming amount of data to consider. Shippers must consider reverselogistics to reduce the cost of returns.
Reduced Errors and Need For ReverseLogistics - The ability of robots to log huge sums of data and review this data for errors with pinpoint accuracy will lead to an unparalleled reduction in errors. As a result, the need for reverselogistics processes that revolve around inaccurate order fulfillment will decrease.
We organize all of the trending information in your field so you don't have to. Join 84,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content