Ups Reverse Logistics

Can the return/repair cycle of overlaps remain as an flank of the process and infrastructure devoted to product creation, or should manufacturers follow those who micturate moved beyond a fix/respond mode to a value added servicing model? An opportunity to generate additional revenue, discover market position, and support original product demand is sitting h championst in front of many companies. It is estimated that reverse logistics costs account for al nigh one percent of the total United States GDP. Therefore, reverse logistics is rapidly go an integral component of retailers and manufacturers profitability and competitive position.1 Product returns are the most common aspect of reverse logistics. Yet, most companies do non handle returns well not because they are part of their core competencies.2 As a result, many companies are working closely with third-party logistics (3PL) providers, go others are still considering the best way to handle reverse logistics. A primary reason for this is the massive shift in revenue opportunity that now follows each product sale. Customers will spend 5 to 20 times the initial sales price on later(prenominal) services and consumables.

3 This leaves some companies seriously considering a closed enlace approach to the supply chain that includes product returns, service contract returns, product recalls, used equipment and replacement parts for refurbishment, as well as reuse or sale as raw material. Increasingly, reverse logistics essential be considered part of a successful growth strategy. Today, having a cheering disposition logic is an essential aspect of an asset-recovery strategy. Returns, repairs, and used items cease also have branding implications. For some companies, brand protection is paramount, and they necessity to ensure their goods are not sold in secondary markets and do not end up being sold in snub stores.4 Historically, companies have focused on the efficiencies of internal operations... If you want to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!