Cycleon is a provider of reverse logistics for consumer goods and already is in possession of an established customer and partnership network in Central Europe. The concept Reverse Logistics signifies that it is the invert of Logistics, which is delivering the goods to the clients. MGN will collaborate with your purchasing and logistics department which gives your customers the look and feel as though it was an integrated part of your supply chain. 3) Predicts inbound and reverse shipment planning with controls that yield improved dock management. Logistics in general has been estimated to take up about 10.7 percent of our nation’s economy, but the portion of that taken up by reverse logistics is almost impossible to identify. Reverse Express. Here are four strategies suppliers are adopting to improve their reverse logistics: 1. The action steps below can help you develop and implement an integrated approach to reverse logistics that will lead to increased customer satisfaction, fewer returns, lower costs, and greater return on your assets. A common strategy is to outsource some, if not all, reverse logistics operations to a 3PL. "We’ve always used that as a marketing technique for our organization to be able to minimize our customer shippers’ expense by being able to perform a new delivery and return at the same time," Batcha said. In other words, reverse logistics involves taking products back from customers and reworking those products (or parts of them) to create a new product that can be sold. Reverse logistics is a strategy in supply chain management in which a company collects and reuses some part of their distributed good. Reverse logistics is the set of activities that is conducted after the sale of a product to recapture value and end the product's lifecycle. "At least 95 percent of this stuff now gets resold.". Each vendor portal is designed with your company logo and a simply, easy to use vendor interface that gives total control and visibility back to your team. The meaning of Reverse Logistics The reverse logistics experts at FedEx Supply Chain analyze returns processes and optimize operations by eliminating waste streams and identifying the best disposition method for each product — whether it’s return to vendor, return to stock, liquidation, recycle or salvage. Vendors, distributors and other links in the supply chain can use EDI to transmit the appropriate information to the right trading partners to move recalled product back to the manufacturer. The problem is you can’t always predict is what condition they’ll be in," Sciarotta said. Both manufacturers and retailers are also empowering customer services associates to also make returns more efficient. For returns to drop ship capable vendors, EDI makes sure the vendor gets the product back where it needs to be. It offers warehousing fulfillment & transportation services. Pierce Distribution understands the importance of a well-run returns program. It is a process of flow of goods or material which are unwanted or defective through the logistics chains to the manufacturer so that it can be recycled, reused, or disposed of properly. Reverse Logistics is the set of activities that is conducted after the sale of a product to recapture value and end the product's life-cycle. Our reverse logistics solutions can help minimize costs and maintain customer satisfaction while ensuring your products are returned efficiently. Many items that are sold contain toxic components, such as heavy metals, and consumers may not know the best way to dispose of those products. All about Target. Amazon handles its reverse logistics process through various third-party vendors and organic resources such as Genco, FedEx, and many other small vendors. In the past, consumer electronics manufacturers would take back everything because they wanted to protect their brand and feared they would end up anywhere, Sciarrotta said. Access preset third party suppliers and repair vendors. The collaboration eliminates any additional responsibility on manufacturers’ behalf. Many manufacturers are now using IoT, sensors and connectivity to monitor, troubleshoot or repair products in the field and minimize the need for consumers to send products back, Sciarrotta said. 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ADT's return's process is owned and operated by a third party vendor. While returns have historically been a necessary cost of business, the growth in volume has encouraged more players in the supply chain to improve the speed, efficiency and cost of their reverse logistics. Reverse logistics is like cleaning up the morning after a big party - a mess that no one really wants to face, resulting from things that are left over or ill-used from the day before.. Managing and controlling inbound freight effectively is a difficult process, and often overlooked as part of a shipper’s supply chain priority. YRC Freight Regional Processing Centers are in Dallas; Salt Lake City; and Columbus (Grove City), Ohio. It transports goods from location of the end user to the location of the manufacturer. Tell us your most challenging logistic requirements, and we'll engineer sophisticated solutions using our intelligent technologies. Many manufacturers are now looking to new platforms and reliable third-party partners to sort, process and resell or dispose of returns, said Hsu. Reverse logistics can be improved by aligning supply chain strategies with the top seven trends in the industry. Reverse logistics also includes the process of returning product due to damage, salvage, restock, and seasonal & excess inventory. Vendors, distributors and other links in the supply chain can use EDI to transmit the appropriate information to the right trading partners to move recalled product back to the manufacturer. New return and repair policies. Here are four strategies suppliers are adopting to improve their reverse logistics: Retail is currently experiencing a "tsunami" of returns, according to Tony Sciarrotta, Executive Director of the Reverse Logistics Association. Definition of Reverse Logistics Reverse Logistics consists of all activities which are performed after the sale of a product. Twitter. Discover announcements from companies in your industry. However, reverse logistics as a research field is relatively new. Reverse logistics is the process of moving products backward through the supply chain. Returns is becoming a competitive area that can differentiate one brand from another. Biagi Bros. is a third-party logistics company, headquartered in the United States, established in the year 1950. We also provide kitting, packaging and other high-value-add services, including end-to-end reverse logistics management of merchandise returns. And in facilities with only a few dock doors and limited space, incoming returns are often processes slowly and mishandled. Pierce Distribution understands the importance of a well-run returns program. The RLA Conference & Expo in Las Vegas was a successful event full of amazing keynote speakers, content driven panel discussions and several opportunities for networking. Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics." They’re also looking to new infrastructure either by expanding existing facilities or opening Centralized Return Centers to improve the efficiency of returns. But today, many electronics manufacturers now offer retailers such as Walmart, Best Buy and Target allowances to liquidate the items. Manage vendors, activities and processes for logistics for 16 years The Activ Group developed a robust reverse logistics process, on-boarded a broad group of suppliers, embedded a notification system and helped rescue souring contracts. If you’re going to setup up, operate, and innovate a top-notch reverse logistics pipeline it takes skill, knowledge, and capital investments. Your entire supply chain will benefit from partnering with XPO. MGN Logistics makes this complex process simple, by leveraging our comprehensive freight management platform and integrating a unique custom vendor portal. Is the increasing importance of returns a reflection of a tough economy, or is it just downright good business practice? 1. consumer returns 2. marketing returns 3. damage returns It is "the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. view reverse logistics expert jobs. Reverse supply chain refers to the movement of goods from customer to vendor. Reverse logistics occurs when there is: 1. downscaling of activities: 2. closure of programmes or handover of emergency response phase; 3. product recalls (goods re-called by the manufacturer); 4. rejected goods returned to the vendor: 5. back-trucking of packaging materials for re-use or disposal. 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