Remove Course Remove Definition Remove Disposal
article thumbnail

What is Reverse Logistics?

GlobalTranz

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

article thumbnail

What does Corporate Social Responsibility Really Mean?

Logistics Bureau

I like to quote the following definition of CSR , offered by Chatham House associate fellow, Paul Hohnen. Companies have to pursue profits of course, (how else will they stay in business?) You get the idea. but they must do so in a socially responsible and environmentally-friendly way.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Standardise and Digitise The key to managing complexity, of course, is to be organised. It’s no longer acceptable to treat returns as an aside unless you are prepared to fill a warehouse with goods with no clear path to resale or disposal—and suffer the ensuing cost impact.

article thumbnail

What is Supply Chain Consulting?

Logistics Bureau

Although this is definitely an integral part of consulting, there are multiple facets to consider. Well, as a supply chain consultancy , in our experience many companies begin to face challenges that arise which aren’t easy to resolve internally – but of course that’s a high-level and simplified catchall statement.

article thumbnail

How Corona has Changed Shopping Behaviour

Forto

You should definitely optimize (or set up) your website and especially your online shop so that your customers will keep coming back because they can quickly find exactly what they’re looking for. Competition is also increasing between e-commerce merchants. This makes it all the more important to be well positioned online.

article thumbnail

Prevent Returns from Hurting Your Brand

Ship Monk

Of course, the opposite is also true — when handled poorly, returns can hurt your brand. Cost of processing the return: This includes labor and warehouse space used to inspect, re-bag, and retag merchandise, or to recycle, liquidate, or dispose of it. It’s the dictionary definition of a PITA.

article thumbnail

Thoughts on Retailers Buying XPO Logistics and What The Right Strategy Should Be

10xLogistics

Remember your business classes: The value chain starts essentially at the extraction of raw materials and ends with the consumer (some say it goes through post consumption disposal and return of unconsumed raw materials to Mother Earth. I agree with that however let's leave that alone for now.).