Companies and their supply chain managers can no longer afford to treat reverse logistics as an afterthought. There is just too much at stake in terms of brand protection, sustainability requirements, and ultimately, profitability. In short, reverse logistics needs to become a core competency. The practical insights offered here will help you develop that competency.
A major task in any IT department is the specification, evaluation, and installation of new equipment. From PCs and servers to network routers and switches, the torrid pace of technological advance means a constant stream of hardware into data centers and offices. Unfortunately, acquisition is just the beginning of the asset life cycle, and organizations often lack the same processes and rigor when eliminating obsolete equipment as they exhibit when buying new.
Tapping into Hidden Revenues with Returns Management
Reverse Logistics Magazine, March/April 2007
Retail industry analysts and leading academics agree, merchandise returns now amount to more than $100 billion per year, with returns management draining away as much as 35% of potential retail profits every year. In a tough economy where companies face increasing pressure from competitors […]
Logistics is defined by The Council of Logistics Management as “The process of planning, implementing, and controlling the efficient, costeffective flow of raw materials, in-process inventory, finished goods and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements.”