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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? It’s easy to assume retail reverse logistics is solely based on returns. While this is partially true, all retail reverse logistics involve a backward flow of products that return to their origin.

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What is Reverse Logistics?

GlobalTranz

What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products 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. Use of Data and Information.

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Using Technology to Integrate Your Return Management Strategy

GlobalTranz

Use Real-Time Data to Inform Your Returns Management Strategy. The ability to collect data is meaningless without the ability to analyze the data to inform data-driven business decisions. However, not all supply chains have the capacity or resources to aggregate the massive stores of data available.

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7 Reasons to Outsource Returns

Ship Monk

You only have to live through it once to realize the negative impact reverse logistics can have on your forward logistics operations. So, the question is, how are you going to handle the reverse logistics rush? Do you have the people, space, and time to handle it in-house? Just hear us out!

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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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Peak Season Prep: Solutions for a Successful Q4

Ship Monk

1 Study the Data It’s no happy accident that ShipMonk was adamant about including complete, real-time transparent data in the 3PL software our fulfillment services stem from. Of course there’s the part where orders come in and get picked, packed, and shipped. with plenty of time to satisfy the deadlines associated with Q4.