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Returns management or reverselogistics refers to the process of handling and managing products that are returned by customers after purchase. Reverselogistics is a vital aspect for businesses to focus on, and it can be made more manageable with the implementation of an effective system.
A last-mile reverselogistics plan has become essential for providing a superior and delightful customer experience. It’s time to learn about the other half of the last-mile delivery—reverselogistics. What is last-mile reverselogistics? How to ace last-mile reverselogistics?
Read also: How to Calculate the Cost of Transport 2. Labor costs : The logistics industry is currently facing a significant shortage of qualified drivers in the US, causing a surge in truck driver wages, which constitute 33% of a delivery truck’s operational costs. Read also: Tackling Vehicle Idling in Last-Mile Logistics 4.
Today, we’ll cover what it means to have an inventory discrepancy, the most common causes, and how to avoid them. How to Avoid Inventory Discrepancies If you’re frequently experiencing inventory discrepancies, you need to make a change — maybe several changes. What is an Inventory Discrepancy? Here are some places to start.
Furthermore, the logistics applications of blockchain range from the point of origin through delivery. It also affects reverselogistics. ReverseLogistics Management Is a Practical Use of Blockchain. Find out more about how to apply blockchain in your supply chain by requesting a demo from us today.
When implementing omnichannel retailing, the biggest question that arises for retailers is how to reorganize their last-mile logistics. Another critical challenge is providing a convenient delivery experience amid increasing logistical complexities and rising customer expectations. Schedule Demo.
” Expensive reverselogistics: Let’s face it, returns are a part of life for retailers. Returns management: Locus’ advanced routing system enables the combination of forward and reverselogistics in a single route, resulting in reduced costs and minimized carbon emissions.
But again, these owner-operators may not know how to strategically plan loads or moves. And an increase in reverselogistics increase could have a counter-effect in some areas, provided returns do indeed hit an all-time high. Request a FreightWaves SONAR demo to get started, or click the button below.
Every process from warehouse management through reverselogistics can benefit from process automation and more intelligent management. Learn How to Turvo-Charge the Customer Experience With Lineage Link and Turvo at Your Side. Lineage Link breathes new life into warehouse process automation and smarter supply chain execution.
In the episode ‘How to ace the last mile in India’s subscription delivery business space,’ the panelists spoke about the reasons behind the growing popularity of the subscription-based business model, the challenges to creating customer delight, and shared their views on what makes for success in the subscription industry.
Want to improve business performance with multi-echelon inventory management Download the Whitepaper ReverseLogistics: Reverselogistics management involves managing the flow of returned products through the supply chain. These are some common challenges businesses face and how to overcome them.
Of course, not all logistics service providers are created equal, which leads us to. How to Choose a Logistics Service Provider. Jot down your needs and wants for the ideal logistics service provider and use that as your compass during the selection process. The post What is a Logistics Service Provider?
Read Also: How to Improve Net Promoter Score for Your Courier Company What are the processes involved in Order fulfillment? Read Also: 5 Ways to Ace Last-mile ReverseLogistics What are the Order fulfillment strategies, and which is right for your business? How many orders am I currently shipping?
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