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What is Reverse Logistics?

GlobalTranz

What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials.

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What is Reverse Logistics and How Is It Different than Traditional Logistics?

GlobalTranz

Many people associate reverse logistics to simply cover returns, but it is much more broad than that. Beyond answering “what is reverse logistics,” it is important to understand the history of reverse logistics, the benefits of reverse logistics and why it’s a rising practice, especially in aftermarket industries.

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Schneider Electric’s Supply Chain Design Journey

Logistics Viewpoints

One essential tool used by the supply chain team is supply chain design. Energy management solutions are products that energy utilities use to produce power and data centers use to consume power. They also produce industrial automation solutions that allow factories to monitor and control production.

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Blockchain and Reverse Logistics: Recapturing Costs and More

GlobalTranz

The costs of reverse logistics amount to more than $750 billion per year, and the demand for reverse logistics has risen in recent years with the rise of e-commerce. This is why blockchain in reverse logistics go well together. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. Compare this to the 9% returns rate of purchases made in-store. Reverse logistics is difficult and costly. In the U.S, Who pays the price?

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. Why is reverse logistics important?

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The Impact of the Coronavirus Crisis on Reverse Logistics

Enterra Insights

.” What Chaturvedi doesn’t address is the fact that the increased use of the digital path to purchase comes with a dramatic increase in consumer returns. Analysts from SRS Media explain, “With the significant growth in ecommerce purchases, … there will be an inevitable increase in returned items. ”[2].