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6 Unheard Tips to Optimize Reverse Logistics in Your Business

3PL Links

Reverse logistics is a logistical procedure that involves bringing a product back to the distribution site from the point of consumption, such as when a delivery attempt fails or when a product is returned to the store. Invesp conducted a survey that revealed that 30% of online purchases worldwide result in returns or exchanges.

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Retailers set to ban "serial returners," survey finds

DC Velocity

Following Amazon's lead—and as a way to curb the high costs associated with reverse logistics processes—two-thirds of retailers say they would stop doing business with problem shoppers.

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Reverse Logistics: Who Does it Well?

Logistics Bureau

It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. This also qualifies as reverse logistics.

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Wanted: Supply Chain Professionals to Complete 2023 Third-Party Logistics Study

Penske Move Ahead

Penske Logistics is requesting insights from supply chain professionals to participate in the 2023 Third-Party Logistics Study. The survey is now live and will close on June 29. Please click here to begin.

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Order Fulfillment Upheaval: Understanding the Rapidly Changing Fulfillment Environment

Logistics Viewpoints

As a result, ARC Advisory Group and DC Velocity magazine have chosen to focus this year’s survey-based research on the changes logistics operations have experienced in the upheaval of the Covid-19 operating environment in 2020; and the expectations logistics executives have about their operating environment in 2021.

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Mastering the Unexpected: Four Essential Tactics to Handle Unpredictable Events in Retail

Locus

As per research by supply chain dive , 59% of retail participants that were surveyed told that they would hike pricing to mitigate impact from supply chain disruptions and 36% said they were taking a margin hit to keep price levels. And it does translate to serious business losses.

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Order Fulfillment Upheaval: Understanding the Rapidly Changing Fulfillment Environment

Logistics Viewpoints

As a result, ARC Advisory Group and DC Velocity magazine have chosen to focus this year’s survey-based research on the changes logistics operations have experienced in the upheaval of the Covid-19 operating environment in 2020; and the expectations logistics executives have about their operating environment in 2021.