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What is Reverse Logistics and How Is It Different than Traditional Logistics?

GlobalTranz

Many people associate reverse logistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverse logistics,” it is important to understand the history of reverse logistics, the benefits of reverse logistics and why it’s a rising practice, especially in aftermarket industries.

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Labor, Returns, Sustainability – Annual 3PL Study Reflects Thematic Concerns of a Recovering Industry

Supply Chain Brain

The 2023 Annual Third-Party Logistics Study, released Sept. 19, examines back-to-basics principles for supply chain professionals, the ongoing talent crisis and the rise of reverse logistics.

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Schneider Electric’s Supply Chain Design Journey

Logistics Viewpoints

We started as purely modelers, did the study, and handed it off. Mr. Botham pointed out that they are tackling reverse logistics and circular economy projects, particularly in Europe and China. If the team just delivers something to regional executives and they’ve had no input, they question the results. “We

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What is Reverse Logistics? How to Optimize Reverse Logistics to Improve your Revenue?

Loginext

What is Reverse Logistics? How to optimize reverse logistics to improve your revenue? LogiNext’s study reveals that the average manufacturer spends between 5 and 20 percent of revenues on returns. Return rates were noted to be between 8% to 88%, with maximum returns observed in the clothing segment.

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Reverse Logistics for the Holidays

3PL Insights

The global reverse logistics market is expected to grow to $603 billion by 2025, so developing a strong reverse logistics strategy is important. What is Reverse Logistics? Reverse logistics is returning a product from the end user back to the supplier, manufacturer, or distributor.

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The 2024 Third-Party Logistics Study: Shippers, 3PLs Draw on the Power of Partnerships

Penske Move Ahead

Shippers and third-party logistics companies are forming strategic partnerships and working together to improve decision-making, manage costs and increase agility. The study, which was released Oct. Demand for reverse logistics and returns volume is growing, and reverse logistics remains integral to supply chain management.

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Wanted: Supply Chain Professionals to Complete 2023 Third-Party Logistics Study

Penske Move Ahead

Penske Logistics is requesting insights from supply chain professionals to participate in the 2023 Third-Party Logistics Study. The 2023 study topics are: Reverse logistics Talent management Back-to-basics Contemporary issues This is the tenth consecutive year that Penske Logistics has sponsored this publication.

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