Rethinking Reverse Logistics
With returns playing an increasingly important role in the supply chain, manufacturers are turning to third-party logistics providers to improve their reverse logistics operations. Did you know that:
- The average manufacturer spends 9 percent to 14 percent of annual revenue on returns;
- Improving reverse logistics operations can increase revenue up to 5 percent of total sales;
- More than 84 percent of US firms utilize the secondary market in some way;
- Some 70 percent of firms view the secondary market as a competitive advantage.
Download our latest white paper, How Can You Better Manage Your Reverse Supply Chain? to learn more about this topic.