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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. Instead, the company sends the replacement.

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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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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.

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Peak Season Prep: Solutions for a Successful Q4

Ship Monk

These tech tools ShipMonk employs have resulted in 4X faster pick times than the average 3PL and 99.9% Of course there’s the part where orders come in and get picked, packed, and shipped. Equally important is the reverse logistics aspect of order fulfillment services when customers aren’t happy with what they received.

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3 Supply Chain Trends to Keep an Eye on in 2020

AIMMS

More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands. Dubbed YAFO, the modeling tool also helps users understand how forests will adapt to a changing climate, drawing on data from multiple European countries. .

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

Stord

From there, there are more silos focused on how the product is sold and delivered, such as "B2B retail distribution teams," "ecommerce fulfillment teams," "reverse logistics teams" and so on. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

But, of course, what those circumstances are is for you to decide. Lately, though, aside from improving returns efficiency and cost by outsourcing logistics to a competent 3PL, you may have the option to outsource returns processing only, contracting it out to one among an emerging genre of providers specialising in reverse logistics flows.