Reverse logistics is a multi-billion dollar problem that cuts into retailers' profits by as much as 10-20% — us consumers returned $2605 billion worth of merchandise in 2015, representing 8% of. The reverse supply chain v daniel r guide jr soon you may need to give just as much thought to your reverse supply chain what is a reverse supply chain reverse logistics. Expert ups, to present reverse logistics solutions which take the pain out of warranty returns industry overview the automotive industry: ‘moving america forward. A good reverse logistics strategy should be as much about the lifecycle of the customer, as the lifecycle of the product an internet search of “used computers” warrants over 11,500,000.
In the aftermath of ups launching a new ad campaign with the tag line “carbon footprint reduced, bottom line gets a boost, that’s logistics”(meyer, 2011, para 1) there has been confusion by some that reverse logistics and green logistics is one discipline and interchangeable in an organization (meyer, 2011, para 5-6. The companies' joint reverse logistics solutions combine ups's operational and logistics expertise with optoro's software platform that maximizes recovery value and reduces environmental waste. March 29 (transport topics) atlanta — as e-commerce volumes continue to grow, customer returns of products ordered online also are rising at a rapid clip, a trend that is increasing the need for efficient reverse logistics processes to control costs.
Supply chain minded is a very active and fast growing online supply chain community we aim to inform and connect professionals active in supply chain, purchasing, manufacturing, warehousing, transport, distribution reverse logistics, service logistics, lean & six sigma, 3pl. Reverse logistics is an emerging practice, he notes, and one that requires information technology and resources to execute and manage the reverse portion of the supply chain as more companies and retail customers purchase products online and through catalogs, they do not get a chance to see the product before they purchase it. “all elements of reverse logistics have green implications,” says jeff robe, director of marketing for the reverse logistics association (rla), a trade organization focused on educating retailers, manufacturers, and third-party logistics providers about the benefits of reverse logistics. The ups knowledge center is a comprehensive collection of articles, videos and research studies addressing today's logistics and supply chain challenges. Reverse logistics is a strategy in supply chain management in which a company collects and reuses some part of their distributed good typically, a supply chain network creates a path for companies to reach consumers.
“reverse logistics is the scientific process of managing assets, in every department in all industries and across all disciplines” not only supply chain solutions in the high technology industry, but all industries and every department from legal to human resources. Returns (reverse logistics) build loyalty and repeat business by offering customers easy, hassle-free returns ups returns ® – provide your customer with a return label in an outbound package, electronically, or request that ups ® send it directly to your customer in the mail. Make returns and repairs easy for customers with ups reverse logistics solutions whether your customers are buying for themselves or on behalf of a business, they have high expectations for the services you provide after the sale. 1 nternational cooperative nternational a wiss entity emer rms of the networ of independent rms are afliated future-proof your reverse logistics 5 according to a recent ups study, the average manufacturer will spend between 9% to 15% of total revenue in managing returns3 the cost of these returns. Accelerate your returns turn a liability into a competitive advantage with a secure and reliable returns management process our solutions make it convenient for your field engineers and customers to get service parts inventory back into your supply chain fast.
Introduction intro ceo statement our global network sustainability goals & progress sustainability at ups driving efficiency economic enhancement at-a-glance. Fedex zeroes in on reverse logistics nicholas shields mar 23, 2018, 10:57 am it could push rival logistics providers like ups and dhl to explore launching their own in-house platforms. Reverse logistics is for all operations related to the reuse of products and materials it is the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. Reverse logistics often operates independently, but by working with us to create and implement an integrated strategy, you will optimize recovery potential our holistic approach enables the simple, reliable returns experience your customers expect, while reducing the costs associated with handling returns.
Reverse logistics start-ups like optoro, which recently paired with ups, resells retail returns on its websites blinqcom and bulqcom, determining where the retailer is likely to see the most profit. We joined logistics leader ups at the rila retail supply chain conference to speak about the need for holistic reverse logistics solutions no matter your role in the retail industry-- retailer, manufacturer, or consumer--here’s why you should pay attention. Ups shipping services have a wide range of reliable shipping solutions with guaranteed on-time delivery / hurricane michael impacting areas of florida returns management & reverse logistics build customer loyalty and control costs with returns and reverse logistics solutions that meet your business needs. Reverse logistics unishippers understands that part of the value we offer our customers is the ability to take good care of your customers your unishippers office is available to consult with your business on ways to help make your reverse logistics processes smoother and more efficient.
Meeting the reverse logistics challenge phil corwin, director of marketing with atlanta's ups supply chain solutions, which offers a variety of reverse logistics services, says that as manufacturers and retailers have seen their margins become razor-thin, they have begun to recognize the significant costs associated with reverse logistics. Ups and optoro form strategic alliance to enhance retail reverse logistics services ups (nyse:ups) has formed a strategic alliance with optoro, providing a one-stop shop solution for retailers and. Ups has rolled out a new consumer-to-business returns service, representing a step forward in reverse logistics dubbed ups returns flexible access, ups said the new offering allows consumers to drop returns at any united states postal service (usps) location or personal mailbox, as well as ups. Upscom/sustainability 2018 united parcel service of america, inc ups, the ups brandmark and the color brown are registered trademarks of united parcel service of.
By closing the loop of product lifecycles, reverse logistics plays an important role to transitioning to a circular economy, an opinion shared by 87% of respondents in a recent survey conducted by ups and greenbiz.