Retailers are moving away from liquidating outdated inventory for a set price of pennies on the dollar, says Jeremy Witte, COO of Genco Marketplace. Instead they are looking to partners to maximize liquidation returns through a network of secondary merchants.
Even in the age of recycling, forward and reverse supply chains have tended to be treated as separate disciplines. Now the world's largest retailer is partnering with major consumer goods manufacturers to help erase that distinction.
Kane Is Able Inc., a third-party logistics provider, has acquired the Southeast and Northwest regional hubs of Nexus Distribution Corp., a 3PL headquartered in Bloomingdale, Ill.
The popular online purveyor of skin care and beauty products undergoes a natural process of maturing. Rapid sales growth dictates that the Seattle-based merchandiser hire an outsourcing partner to handle order-fulfillment duties in the eastern U.S.
The furious pace of M&A activity in life sciences indicates there is serious money to be made there. But successful companies must quickly adapt their supply chains to the challenges that shifting customer needs and industry regulations bring. Five crucial ideas that winners must understand are outlined below.
Newgistics, which provides end-to-end e-commerce solutions for retailers and brands, announced the international expansion of its parcel delivery and return services. This new offering helps to reduce the costs of cross-border delivery and make it easier for U.S. retailers to access and begin selling into the largest markets overseas, including the U.K., Europe, Asia, Australia, Russia, China and South America.
The latest news, analysis, services and systems regarding reverse logistics and its impact on global supply chains. Today’s companies are refurbishing and recycling more goods and managing more product returns than ever before thanks, in part, to the boom in e-commerce. New technologies for reverse fulfillment are transforming the way companies provide customer support - and allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using reverse logistics solutions to power their supply chains.
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