Companies and their supply chain managers can no longer afford to treat reverse logistics as an afterthought. Reverse logistics software buyers guide future of field. Depreciation levels vary by product type, with electronics losing between 4% and 8% of their value per month. See the sidebar reverse logistics providers at the end of this article for additional players in this space. By properly handling reverse logistics management with bringg, these companies ensure that their processeseven those involving deliveries that arent executed. Integrated reverse logistics project management software. Retailers look to optimize reverse logistics transport. Reverse logistics often operates independently, but by working with us to create and implement an integrated strategy, you will optimize recovery potential. Meeting the reverse logistics challenge supply and. As online shopping continues to increase, so, too, are product returns. Why reverse logistics needs to become a core competency. Fsm made it possible for spencer technologies to double company footprint and. Benefits of using a reverse logistics and repair provider.
Reverse logistics refers to the complete process of planning, controlling and implementing the effective. Regardless of the approach that a company takes in addressing its reverse logistics challenge, a key goal of these initiatives is to improve visibility into the goods in motion throughout the reverse supply chain. In most organizations, the reverse logistics process can be delineated by new product and after use returns. Reverse logistics management for service requires specialized software that accounts for many transactions and processes. Reduce your logistics headaches with reverselogix, the leading fullservice global reverse logistics technology service provider.
What are some of the big companies that manage reverse. The rising impact of reverse logistics on ecommerce. But while reverse logistics volumes used to be insignificant for most retailers and manufacturers, product return volume has soared more recently. From returns and warranty management to repairs and service parts, improve your reverse logistics. Dealers, contractors, efficient repairs and the bottom line. Put simply, no reverse logistics service provider in salt lake city, ut, or anywhere, outperforms elite ops in complete returns management. In industry parlance, these service providers are also referred to as 3pl.
Reverse logistics software provider optoro estimates that fashion apparel depreciates by 20% to 50% of its value within eight to 16 weeks, creating urgency to get inventory back into circulation and ready for resale. More and more carriers and brands are finding that. Integrate and manage forward and reverse logistics, technology asset recovery, order and inventory management as well as customized reporting as an end to end process. Depreciation levels vary by product type, with electronics losing between 4% and 8% of. Growing green concerns and advancement of green supply chain management. Reverselogix seamlessly integrates with your erp and other enterprise applications to provide an out of the box returns management system. The practical insights offered here will help you develop that competency.
If you outsource your logistics requirements to a service provider, that service provider is called a thirdparty logistics provider. The activity ranges from managing returns of goods or. See how these software offerings add to your reverse logistics solution. Reverse logistics software solution for retail and logistics providers. Complexity is a good thing, as long as youre capable enough to manage it. Mp objects supply chain orchestration software helps you execute and optimize your reverse. Expak logistics is a thirdparty logistics 3pl company working on the industrys cutting edge, helping retail businesses streamline their reverse logistics operations, controlling costs and creating a vastly more efficient operation in the process. Reverse logistics reverse logistics providers australia. Nous infosystems is a global software services and solutions provider. In short, reverse logistics needs to become a core competency.
Our business model revolves around the fact that businesses have specific logistics needs and giving them the freedom to choose services is important. Global enterprise software solution provider united states. Splus technologies is a leading third party logistics services provider 3psp offering a comprehensive set of reverse logistics solutions. To help meet this rising demand for reverse logistics, transportation providers are adding services to simplify product. Reverse logistics, all operations related to the reuse of products and materials, is a growing challenge for b2c and b2b manufacturers.
As an industryleading reverse logistics provider, fedex supply chain transforms the returns process from a necessary cost of doing business into a strategic advantage. Dont compromise on how you want to see the stages of reverse logistics in action, but be open to those software providers who understand service, and know how to best optimize your systems. When the reverse logistics association rla was first formed nearly 20 years ago, the industry niche was still in its infancy. Goods may end up recycled, remanufactured, refurbished, reused or resold. Some third parties have made reverse logistics their core competence. Beyond answering what is reverse logistics, we will also cover the history of reverse logistics, the benefits of reverse logistics and why its a rising practice, especially in aftermarket industries, and then talk about some uses of reverse logistics by shippers and how using a logistics services provider can give you the leg up in this. Original equipment manufacturers oems, retailers, and other service providers call on splus technologies to provide profitmaximizing solutions such as. Reverse logistics solution from reversehub requires no upfront costly hardware and software purchases, no expensive lengthy implementations, instead it bring the new. With the advent of sophisticated management systems, organizations have discovered the logic of prioritizing a reverse logistics system, which has led to the development of advanced technology that supports the process. Getting started in reverse logistics inbound logistics. Reverse logistics rides high on the wave of ecommerce.
Reverse logistics growth benefits industrial property. The reverse logistics association is a members driven, global trade association for the returns and reverse industry, offering information, research, solutions and services for manufacturers, branded, and retail companies from third party providers. Unwrapping supply chains gifts to holiday shoppers. Reverse logistics consulting, reverse logistics software. Understanding the differences between repair solutions offered by oems, sur providers, and reverse logistics providers is critical for choosing a solution that best meets the needs of your business. Optoro provides reverse logistics solutions for retailers and oems that help them shorten the distance between the distressed item and its next best home. A growing number of players provide software applications for reverse logistics, perform reverse logistics activities for clients, or do both, says patrick sedlak. Determining when its time to evaluate reverse logistics. Reverse logistics software can also handle automated routing of items within a repair facility and to other repair facilities, whether they are third party providers or not.
What reverse distribution services does ait provide. 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 software that unlocks dollars reverselogix. Leverage strategic suppliers to deliver for customers.
Improve your service performance with ifs reverse logistics software and. From cloud technology to easytouse interfaces, our solutions are for customers who maintain assets, manage service operations, or manufacture and distribute goods. Established in 1996, we have grown into a mature midsized it solutions provider delivering innovative. Our solutions will streamline processes and yield more profit, increasing efficiencies for your business. Reverse logistics, all operations related to the reuse of products and materials, is a growing challenge for b2c and b2b manufacturers, retailers and service organizations. Reverse logistics software for service providers tec. Reverse logistics needs to be organized in a smart way to avoid an expensive. Reverse logistics software provider optoro estimates that the value of apparel depreciates by 20 to 50 percent within eight to 16 weeks, and electronics lose 4 to 8 percent of their value per. This increased complexity can stretch reverse logistics operations teams tremendously. You should be available to use these carrier services in your reverse supply chain without hassle.
Reverse logistics refers to all activity associated with a product or service after the point of sale, the ultimate goal to optimize or make more efficient aftermarket activity, thus saving money and environmental resources types of activity common with reverse logistics includes. December 18, 2019 unbeknown to most shoppers, a vast, behindthescenes resource is supporting their responsible buying preferences this holiday season. Optoro provides reverse logistics solutions for retailers and oems that help them shorten the distance between the. The fully customizable software integrates with any backend or thirdparty system and deploys on the cloud. In an afteruse environment, the reverse logistics process involves multiple stakeholders, and this means that a software product used to manage this value chain must encompass all, not some, of these stakeholders. Reverse logistics is the process of returning discarded goods and packaging from consumers back up the supply chain to recapture value andor properly dispose of material. Reverse logistics, all operations related to the reuse of products and materials, is a growing challenge for businesstoconsumer b2c and businesstobusiness. Today, rla is regarded as one of the leading trade associations in the everexpanding world of logistics management as it pertains to the circular economy. Project management software for integrated forward and reverse logistics. Logistics software automates warehousing, transportation management, shipping and other logistical functions, monitoring the flow of products from supplier to. Flexible software products on the 12return platform. By properly handling reverse logistics management with bringg, these companies ensure that their processeseven those involving deliveries that aren t executed.
Continuously track assets through the reverse supply chain to receive, assign a. Much of this development derived from the electronics sector, in which. Optoros returns optimization platform helps retailers and brands solve the challenges of reverse logistics and efficiently and effectively manage their returns with. Join the global organization that will help your company optimize the reverse logistics process now and in the future.
One of the basic strengths of the ecommerce paradigm is that participants get to perform roles that they specialize in. Recognized as a leading enterprise software solution provider, ifs develops and delivers erp, eam, fsm and esm to businesses worldwide. Evavis synchronized reverse logistics solution delivers a complete, fast, scalable, and extensible solution to meet your current and future returns management. The reverse logistics association bridges the gap between third party service providers, and oems, retailers, and brand companies, so that outsourcing for rl processes can be increased and enhanced. Its the ideal reverse logistics returns management software for telecom, itad companies, retailers, and manufacturers.
A logistics provider that only transports goods over a certain part of the supply chain could also be classified as a 2pl. Nous is the premiere reverse logistics consulting firm to design and install reverse logistics software for service providers toggle navigation. We share our logistics, transport, and supply chain expertise in our reverse management software, helping reduce inefficiencies and increase the profitability of your operations. Improve your service performance with ifs reverse logistics software and management solutions. Reverse logistics software refers to software that is installed and implemented in an organization for the purpose of minimizing the levels of inventories and with an overall aim of maximizing customer satisfaction.
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