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Understanding Reverse Logistics: Turning Challenges into Opportunities

Log-hub

One crucial yet often overlooked aspect of the supply chain is reverse logistics. Lets explore what reverse logistics entails, why its important, and how businesses can optimize it. What is Reverse Logistics? At its core, reverse logistics deals with the flow of products moving backwards in the supply chain.

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[INFOGRAPHIC] Reverse Logistics: Managing the Business Circle of Life

GlobalTranz

Reverse logistics could be the business equivalent to the passage of time and life for nature. And at the end, check out a nice infographic speaking more to reverse logistics strategies and practices. Throughout the course of business, there will be a series of recurring updates for equipment, software, and materials.

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4 Key Strategies of a Solid Reverse Logistics Plan

ShipLilly

The rate of return for products, otherwise known as reverse logistics, can be mitigated when suppliers work to improve the speed, cost, and efficiency of shipping goods. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. Instead, the company sends the replacement.

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7 ways technology augments effective procurement in the shipping industry

FreightWaves SONAR

That will inevitably mean shippers and brokers will need to find new ways to procure transportation for both forward and reverse logistics. In fact, with reverse logistics peak season upon the industry, data to understand reverse logistics procurement in the shipping industry is even more valuable. .

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3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, 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. .

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The Great Maersk Shift

Freightos

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.

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Must-Have Features for Ecommerce Software

Ship Monk

Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the software tools you’re using are giving you everything you need. How quickly do you need to restock, how should you split your inventory across multiple locations , and of course what kind of inventory ordering system best suits your brand?