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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.
ReverseLogistics Solutions | Image Source: dreamstime.com. Reverselogistics is in the same predicament as the product inflow into warehouses 20 years ago, when businesses were more concerned with the product outflow. All businesses are concerned about reverselogistics, regardless of where they are in the supply chain.
As a general definition, a 3PL helps a company to get its offering, conceived in place A, into the hands of its customers in place B. The solution is to back up, figuratively speaking, to the general definition of the need and see how overall trends and developments in the world could make this need map onto other, different solutions.
Standardise and Digitise The key to managing complexity, of course, is to be organised. The ecommerce logistics practitioner must instead integrate reverselogistics into his or her company’s inventory management strategies and processes. Try to establish consistency in the identification of your company’s products.
The risk that comes with that, of course, is what can happen to your “baby” if you completely entrust its growth and care to someone else. While there is an understandable sense of fulfillment ( pun most definitely intended ) in sending out your customers’ eCommerce orders yourself, growing brands can’t rely on that for long.
Ecommerce bands, even those with amazing reverselogistics operations in place, feel the negative impact of returns. The best 3PLs, like ShipMonk, take care of the reverselogistics side of things, which helps limit the fallout of these situations. The toll may not even stop there.
The answer is not only yes, but definitely so. Rather than focusing solely on getting items out the door, your warehouse teams now have to be concerned with the entire product journey, not to mention reverselogistics. Can you possibly prepare for a supply chain future that may be completely inconceivable right now?
Brands that have a reverselogistics plan in place make it through the returns season in much better shape than those that don’t. Of course, the opposite is also true — when handled poorly, returns can hurt your brand. It’s the dictionary definition of a PITA. That’s the last thing you want your customers to feel.
Of course, it is helpful to have some statistics on hand to validate the statement above. The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . ReverseLogistics Cost.
Reducing carbon footprint in logistics is not without benefits. Many companies report savings after adopting greener courses of action. Selecting greener suppliers should be the first step towards reducing carbon footprint in logistics. A commitment to sustainability also raises goodwill with your investors and stakeholders.
Omnichannel fulfillment services are definitely not one size fits all, as every ecommerce brand is unique and has its own special needs. Of course there’s the part where orders come in and get picked, packed, and shipped. and work with a 3PL that brings the best omnichannel fulfillment services to the table of course!
To get the basics on logistics service providers, and learn how they can take your eCommerce business to the next level, keep reading! Logistics Service Provider Definition. In the simplest of terms, a logistics service provider provides logistics services ! How to Choose a Logistics Service Provider.
Read Also: The History, Evolution and Future of ReverseLogistics 2. These aren’t just any routes; they’re meticulously calculated courses designed to dodge delays, cut costs on fuel, and ensure timely deliveries across the board. Read Also: The Definitive Guide to Logistics Route Optimization 4.
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