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How to Use Data to Fuel Your Retail Reverse Logistics Strategy

GlobalTranz

Returns may derive from buyer’s remorse, damage to items, defects, end-of-life disposal, and even recycling. Instead of being relegated to the margins, executives must rethink their strategy and consider how a data-driven reverse supply chain can add more value and improve profit margins. Faster time to resolution for returned items.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek. Due to the workforce layoffs, consumers have less disposable income.

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Demand forecasting in the new normal: Part 2

SYSPRO Smarter ERP

Consequently, organisations were forced to speed up the adoption of digital technologies , especially those offering advanced data analysis and reporting functionalities. Granular consumer data To remain competitive, organisations needed to get closer to the market by collecting consumer data on a granular level.

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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.

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How manufacturers can adopt a sustainable supply chain

SYSPRO Smarter ERP

A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. This requires an ERP system that can handle large volumes of data from sensors that monitor the status of components.

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Carrier Management 2020 Trends: The Year of Tech-Driven Collaboration

GlobalTranz

Carrier management 2020 trends range from the need to leverage data through the ability to work together and save money. Robert Garner, vice president of supply chain for Republic Plastics, a privately held company that produces disposable tableware for private labels,read More.

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Package Theft Season is Here

Logistics Viewpoints

Based on data from the FBI and Google Trends, package theft is big business. Beyond the use of technology, consumers can reduce the threat of package theft by using tools at their disposal from shippers. For the 2023 holiday season alone, it is anticipated that between 850 million and 950 million packages will be delivered.

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