Challenge: A large retailer was faced with how to handle products that were coming back from stores into the reverse-logistics channel and needed an efficient and cost-effective way to process merchandise for redeployment, return-to-vendor and liquidation.
Lack of innovation over the past few decades around how organizations approach disposing of their returned, excess and obsolete inventory has resulted in billions of dollars lost and can no longer be left to inefficient, reactive or outdated methods.
As most shoppers have experienced, ordering clothes online can occasionally be a shot in the dark – not every item fits the way they'd hoped, nor does every color match the description exactly. This not only annoys consumers, but also retailers when those disgruntled customers send their unwanted items back.
Tom Enright, research director with Gartner, talks about his recently completed survey on the challenges that are confronting multichannel retailers today, with a particular focus on the issue of returns. He offers his view on what constitutes excellence in the returns process.
Barcodes are indispensable for the exchange of vital data. It's time we recognized the important contribution that barcode printers make to the success of a company's supply chain – and to its bottom line.
Challenge: Most hospitals utilize the just-in-time method of inventory control. If hospitals have higher than expected demand, additional supply must reach them immediately. Companies need a logistics provider that goes inside hospitals, uncrates new equipment, crates old equipment, and returns the old unit to the company regardless of the time of day.
Encompass Supply Chain Solutions, a provider of forward and reverse logistics services for a wide range of finished goods and replacement parts, is doubling the size of its distribution facility in Ft. Lauderdale, Fla.