The broad nature of its cross-functional impact suggests that firms would benefit by improving internal integration efforts. In particular, a firm's ability to react to and plan for the influence of external factors on the returns management process is improved by such internal integration.
Almost all reverse logistics contracts are customized to fit the size and type of company contracting.
Reverse logistics research has also found that In certain industries, goods are distributed to downstream members in the supply chain with the understanding that the goods may be returned for credit if they are not sold e. This acts as an incentive for downstream members to carry more stock, because the risk of obsolescence is borne by the upstream supply chain members.
However, there is also a distinct risk attached to this logistics concept. The downstream member in the supply chain might exploit the situation by ordering more stock than is required and returning large volumes. In this way, the downstream partner is able to offer high level of service without carrying the risks associated with large inventories.
The supplier effectively finances the inventory for the downstream member. Reusable packaging systems require a closed-loop logistics system.
Journal of Transport and Supply Chain Management
Examples include reusable pallets , bulk boxes such as Euro containers , Reusable bottles for milk, soda, and beer, compressed gas cylinders, beer kegs, etc. In case of e-commerce business, many websites offer the flexibility of cash on delivery COD to their customers. Sometimes customers refuse the product at the time of delivery, as there is no commitment to take the product.
Then the logistics service provider follows the process of reverse logistics on the refused cargo. If you are new to the world of returns management the question is "How do you find hidden profits in reverse logistics? If you are a supply chain executive who needs to understand more about reverse logistics, or if you are a CEO or CFO looking for ways to reduce the financial impact of product recalls and customer returns, this book is for you. Simply put, this book is a roadmap that will help you find hidden profits by managing returns.
Read more Read less. About the Author Curtis Greve leads the Remarketing team for Inmar, a leader in the reverse logistics and liquidation industry.
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Reverse logistics - Wikipedia
Good quality and a solid learning device. March 12, - Published on Amazon. The Greve-Davis tandem, thought leaders in the reverse logistics industry, have penned the definitive work on the field of reverse logistics. Davis, who was the founder of the reverse logistics industry and Greve, who has worked in the industry from its inception, have an unparalleled wealth of knowledge and experience from which to draw.
Not only do they bring their personal experience and wisdom alive on the pages with real-life examples of reverse logistics solutions, they cast their vision for the future of the industry in the book. Entries from this contest. One of the designers who made it happen. Winner - ToobaDesign. Outstanding designer, great ideas, quick responses, very easy to work with! Overview I am a reverse logistics consultant.
The Impact of Logistics Management on Reverse Logistics In Thailand’s Electronics Industry
Tell us a bit about who you are and the people you reach We are targeting senior executives who are new to the field of reverse logistics. Requirements We are looking for a front cover that is eye catching and business like. Paid features. Free features. Deliverables PSD. We've found some similar contests you might like. Help us with a new flashcard design!! Create the next design for City of Salisbury - Youth Council.