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Think Tank
Reverse Logistics: Page 20
Recalls in Automotive Industry Lead Reverse Logistics Activity in 2014, Report Says
Reverse logistics last year was punctuated by the record-breaking recall activity in the automotive industry, which created momentum that is now carrying into 2015. According to the Q4 Recall Index analysis from Stericycle, there was an unprecedented 74 million automotive units recalled throughout the year, an increase of 166 percent from 2013. Top affected products included air bags, which made up 34 percent of the total units recalled, and electrical systems, which impacted 31 percent of the units.
Balancing Cost and Customer Expectations for Profitable Apparel Returns
Analyst Insight: Online retailers must make the returns process convenient for their customers which, in turn, increases the amount of product returned. But every company must find a balance between cost and customer expectations. Should you encourage customers to return products to the store? To the DC? To a 3PL? The answer depends on your brand, culture, infrastructure and average unit price. – Bruce Baring and Jason Denmon, Apparel Industry Leaders, Fortna Inc.
The Future Model: Driving Speed to Value for 3PLs and Customers
Analyst Insight: Implementation time-lines for transportation management outsourcing continue to shrink thanks to cloud-based systems, process standardization, and features like automated carrier contract management. This is not the case for facility start-ups. With 10+ key milestones, hundreds of key tasks and sub-tasks, time-line slippage and cost overruns can quickly extend the time to value for both 3PLs and shippers. – Valerie Bonebrake, Senior Vice President, Tompkins International
How Supply Chain Affects Corporate Reputation
A company's reputation rests on much more than the quality of the products that it makes.
Retailers Experience Slight Rise in Fraudulent Returns for 2014 Holiday Season
Retailers estimate that they will lose $3.8bn to return fraud for the 2014 holiday season, up from last year's $3.4bn estimate, according to a recent National Retail Federation (NRF) survey. Retailers also estimated that 5.5 percent of all holiday returns are fraudulent, similar to last year's 5.8 percent.
What Will We Do With All That Electronic Waste?
Electronic waste is threatening to overwhelm our landfills.
Syspro USA Adds Voyage, Container Tracking App to ERP Offering
Syspro USA, a provider of enterprise resource planning (ERP) software for on-premise, mobile and cloud-based use, has released a new supply-chain management application for global manufacturers and distributors.
Peru's Largest Retail Pharmacy Chain Aims to Get Even Larger
InkaFarma has an ambitious plan to nearly double the number of stores it operates in Peru, with an emphasis on opening up new locations in some of the country's remotest areas. To make that happen, the company needed both a new, automated distribution center and a warehouse-management system with which to run it.
Chainalytics Inks Technology Partnership With Logistical Labs
Chainalytics, a provider of market intelligence, analytics and supply-chain consulting services, has entered into a partnership with Logistics Labs, a vendor of cloud-based software.Chainalytics, a provider of market intelligence, analytics and supply-chain consulting services, has entered into a partnership with Logistics Labs, a vendor of cloud-based software.
Echo Global Logistics Joins CargoNet to Reduce Theft Risk
Echo Global Logistics has joined CargoNet to reduce its risk of cargo theft and provide an additional level of security for clients.
Inmar Acquires Company Specializing in Pharmaceutical Returns, Recalls
Inmar, a company that operates collaborative commerce networks, announced its acquisition of Fremont, Calif.-based EXP Pharmaceutical Services Corp., whose core business of pharmaceutical returns and recalls aligns well with Inmar's healthcare service offerings.
Technologies Provide Huge Savings for Retailers When Items Returned
Returned merchandise, which retailers have to discount or even dump, end up costing U.S. merchants as much as $20bn a year, and are a "ticking time bomb" that threatens retailers' profitability. To avoid that blowup, merchants are turning to new technologies.
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