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The procedure of order fulfillment involves attaining the order to their ultimate delivery to the consumers. However, the middle part between the order and delivery is of paramount importance. It generally involves warehousing and storage. Selecting an apt warehouse space is a crucial task and can also result in being a costly arrangement. Furthermore, locating […]

A business that claims that it does not require a reverse logistics process as its products are never returned is lying and actually hiding a lot. Some amount of the purchased goods are invariably returned to its manufacturer due to some defect or because it does not fulfill the customer’s requirement. Goods are also returned […]

In today’s fast evolving business world, if you do not keep up with the change and competition, you are in trouble. You need to continuously evolve and innovate to keep up with the changing business paradigm. Businesses whichcan leverage the collective creativity of their employees and customers stand out in the competition. And this brings […]

There is some risk involved in a business. However if the risks can be controlled or reduced with the help of innovative and intelligent strategies then your business will reach the pinnacle of success without too many difficulties. One very common and inevitable risk is that of returned goods either due to some defects or […]

In a supply chain solution, products normally flow from the manufacturer to the customer. The management of flow of goods from the point of origin (manufacturer) to the point of consumption (customer) is forward logistics. However, instances may happen when these goods or products are sent backward due to factors such as damage, salvage, recalls, restock, seasonal inventory, excess inventory and so on.   […]