Last week we looked at three major categories of hidden costs within the reverse logistics process. This week we’ll view three more, as well as discuss how to go about automating the process.
A year ago, 16% of holiday shopping purchases were returned, according to data from Salesforce. With many Christmas 2023 purchases still within a returnable timeframe today, Salesforce anticipates a ...
The seemingly straightforward act of returning products, parts and subcomponents back into inventory involves multiple steps and business entities, quickly making the process extremely complex. With ...
Reverse logistics is a term that is often heard but not fully understood by many business owners. Simply put, it’s the process of moving goods from their final destination back to the supplier. In ...
For many organizations, reverse logistics is a daunting task. After all, most supply chains are created to get products out the door, not welcome them back in. Online ordering has been made a simple, ...
The pandemic’s impact on the supply chain and all its moving parts cannot be understated. First, it was the issue of too many orders and not enough inventory. Companies couldn’t keep up with ...
Although key to retailers’ success, reverse logistics is an expensive endeavor that potentially costs trillions of dollars each year. As e-commerce continues increasing in popularity, so do return ...
What to do with obsolete electronic equipment has grown as an issue as Americans continue to show an endless desire to use these devices at home and at work. The answer for both organizations and ...
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