Remove Course Remove Disposal Remove Strategy Remove Supply Chains
article thumbnail

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.

article thumbnail

Supply Chain Risk Management: Top 5 Supply Chain Risks to Watch Out For

3PL Links

Image Source: Lokad | Supply Chain Risk Management: Top 5 Supply Chain Risks to Watch Out For Any action—or lack thereof—can cause a business to go out of business in this time of bleak future prospects. Nonetheless, many institutions struggle with managing supply chain risks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Of course, it is helpful to have some statistics on hand to validate the statement above. Supply Chain and Business Success By the Numbers.

article thumbnail

What Could Crush Your Supply Chain and Jeopardize Your Business This Year?

Stord

If you’re involved in any way in your company’s supply chain and logistics initiatives, the last year certainly put you and your team to the test. While some economic conditions and supply chain bottlenecks may begin to moderate, the challenges facing logistics professionals seem never-ending.

article thumbnail

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.

article thumbnail

Supply Chain and Sustainability

10xLogistics

Greenbiz and Supply Chain Insights conduct a survey on the different thoughts of supply chain organizations and sustainability organizations in a company. This is very telling since I truly believe sustainability should be embedded in the operations of Supply Chain.

article thumbnail

Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Standardise and Digitise The key to managing complexity, of course, is to be organised. The ecommerce logistics practitioner must instead integrate reverse logistics into his or her company’s inventory management strategies and processes. Try to establish consistency in the identification of your company’s products. Why is this?