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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.

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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. Care for the environment: Businesses have a responsibility to cut back on carbon emissions, dispose of waste in a non-polluting way, and support environmental care programmes. Examples of CSR Programmes. Example #1: Lego.

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Six Supply Chain Priorities That Should be on Top of Your 2021 Agenda

Sabinext

More resilience requires moving away from a single sourcing strategy to diversification (China +1, for example) and more distributed safety stocks enabled by central visibility. We have huge amounts of data at our disposal and with the expansion of real-time visibility even more data will become available. Hybrid Mode of Working.

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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. In addition to your own website, you should offer your products on other sales channels, for example Amazon.

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Prevent Returns from Hurting Your Brand

Ship Monk

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. Let’s take apparel, for example. It’s the dictionary definition of a PITA. Cost of return shipping: If you offer free returns, you pay shipping costs.

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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

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.

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Blockchain for Bill of Lading – A Much Needed Update to the Traditional Bill of Lading for E-Commerce?

GlobalTranz

For example, consider these benefits of using blockchain for bill of lading standardization and more. This is the era of e-commerce, and since e-commerce means purchasing through the internet by definition, it will naturally become synchronous with omnichannel customer experiences and supply chain practices.