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How to Use Data to Fuel Your Retail Reverse Logistics Strategy

GlobalTranz

How often do you think about your retail reverse logistics strategy? Returns may derive from buyer’s remorse, damage to items, defects, end-of-life disposal, and even recycling. The Benefits of a Data-Driven Retail Reverse Logistics Strategy. Increased compliance with appropriate disposal or reclamation regulations.

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Sustainability Strategies & Tactics for Ecommerce Brand

Ship Monk

Measuring your output will enable you to develop strategies toward reducing your output, and show your customers the progress you’re making. Sustainability Strategies for Ecommerce Businesses You’re not going to become a sustainable company overnight, so it’s best to attack the problem a little at a time.

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Probabilistic Planning Helps Master Supply Chain’s Unknowns

Logistics Viewpoints

A probabilistic approach delivers a new level of actionable insights based on key factors and the impact of each factor driven by more relevant data to support better decision-making. Instead, probabilistic planning equips companies with a powerful tool at their disposal to mitigate risks and uncover hidden opportunities.

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4 Key Strategies of a Solid Reverse Logistics Plan

ShipLilly

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. Electronics that are returned get disposed of and sent elsewhere where roughly 95% of those returned products are merely resold rather than written off as a loss.

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The goldmine that is returns data

Logistics Business Magazine

Neil Adcock, Managing Director at Bis Henderson Consulting , reveals how to unlock the value hidden in returns data. To determine the appropriate returns strategy retailers need to understand what is going on and tapping into returns data may unlock some important insights. Getting hold of the data. Product feedback.

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The Role of Supply Chain Visibility, Traceability & Intelligence

CLX Logistics

Moreover, SCV is not just about tracking—it’s about gaining actionable insights to help businesses anticipate needs and adjust strategies accordingly. Increased Speed: SCV helps streamline operations by integrating real-time data, facilitating quicker decision-making and turnaround times.

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4 Important Benefits of a Sustainable Reverse Logistics Strategy

GlobalTranz

However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes.