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Reverselogistics isn’t something most companies relish and as a result is often overlooked, but if handled with the right care, it’s what gives a modern supply chain the competitive edge. Of the many areas of a supply chain that get attention, reverselogistics is certainly an area amongst those that gets the least.
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.
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.
Within the course of one online chat, an isolated email response, or a single phone call, someone who bought from your ecommerce brand can be influenced whether or not to buy from you again. Of course it is, right? That being said, logistics services are only one side of the coin to your ecommerce brand. like MonkProtect ).
The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. Other sources reported that DB Schenker was not the only forwarder making this shift.
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. Simplification of Returns with ReverseLogistics. In short, inbound logistics deals with supplying newly manufactured inventory to order fulfillment centers.
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. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Probably not.
For shippers, this means finding a way to handle changes in inventory and replenishment, as well as managing outbound freight and reverselogistics. Of course, switching between FT and LTL is also a form of intermodal, so FT rates may still be factored into costs of using intermodal shipping. DOWNLOAD THE FREE RESOURCE HERE.
As youll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, weve discovered that many companies lack a defined and documented supply chain strategy. A company without a supply chain strategy is at a competitive disadvantage.
The circular supply chain also integrates the reverselogistics process, taking products returned from customers and reinserting them into the forward flow at appropriate points. SMEs find it hard to identify and engage suitable logistics partners. Logistics providers, in general, are slow to respond to the needs of SMEs.
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