Can Reverse Logistics Benefit Your Bottom Line?

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Reverse logistics is one of the hottest industry trends of the young twenty-first century. Defined by Reverse Logistics Magazine as:

the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal,

the concept seeks to decrease market deficiencies by creating maximum value after the original point of sale. This is most commonly done via recycling, remanufacturing, or recommerce.  Recommerce alone offers consumers significant benefits—which is why businesses everywhere are integrating buyback programs into their operations. (more…)

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Reach the Next Level With Reverse Supply Chain Logistics

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Increase Profits With Reverse Supply Chain Logistics

Headlines may declare that the economy has improved, but speak to most small business owners and you’ll hear that we aren’t quite out of the woods yet.  These economic doldrums likely make most people wish they could recycle money like plastics or metals. Unfortunately, it’s not that easy—but it is possible to get close.

Retailers for decades have been recycling unsold merchandise, sending it back to the distributor for a refund. This allows the retailer to be more efficient, and ensures they are making money. This is important, as inventory sitting unsold is money that is removed from the economy and therefore not contributing to overall economic growth.

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Want to Go Green? Then Think Recommerce

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The old adage “one man’s trash is another man’s treasure” sums up nicely how recommerce works. Why? Because the basic underlying principle of recommerce is that when consumer electronics such as smartphones, tablets, digital cameras, laptops, etc., lose their value in the eyes of the original owner due to the emergence of an upgrade or new trend, it is very likely someone out there is still willing to pay top dollar for them.

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Future Thoughts: E-waste and Sustainability

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This post marks the beginning of a week-long series on recommerce and sustainability. An innovative recommerce program can not only boost profits; it can also do much to prevent e-waste from entering the environment. With recommerce, smart business is also green business.

What E-waste & Sustainability Mean For The Environment

Nearly everyone has at least one or two consumer electronics. Smartphones, laptops and tablets can be found in almost every home in the United States. But what happens when there’s no longer a need for these otherwise useful electronics? Many people just toss them in the dumpster, transforming yesterday’s hot new item into today’s e-waste.

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3 Ways Reverse Logistics Can Pump Up Your Profits

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Sustainability and the green movement have done much to raise profits for small businesses. Once thought a fad, recycling has itself become big business. But some industry products are often thought unrecyclable and better suited for the landfill.

The consumer electronics industry was once one of the biggest offenders. Yet the public is now showing an interest in recycling old computers, TVs and smartphones. Still, they only know they should return their used smartphones; they know nothing of the small businesses profiting from the use of reverse logistics companies.

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Does Reverse Logistics Benefit the Environment?

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In today’s environmentally-conscious society, more and more companies are looking for ways to make their entire supply chain more eco-friendly. For consumer electronics manufacturers, this can mean using a higher percentage of recycled materials in production, as well as reducing emissions and waste in the forward supply chain.

This is only one part of the overall picture, though. More often than not, the reverse supply chain is where these companies can truly make an impact. Reverse logistics benefits the environment in many ways—read on to learn more.

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Can Reverse Logistics Help Your Business Stay Ahead?

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The consumer electronics industry is a booming business all over the world, and nowhere is this more apparant than in the United States. Smartphones, tablets, and other mobile devices have become the must-have status symbols of a new generation of technology-hungry consumers. However, these products have short life cycles and consumers are often quick to jump at the opportunity to upgrade. But unwanted consumer electronics are not worthless–in fact, there’s a fortune to be made from them by using reverse logistics tactics.

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Reverse Logistics Empowers Small Business

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Reverse logistics is fast becoming the hottest trend in the business world. The popularity of the field is reflected in the fact that universities have picked up on it. Undergraduate and graduate programs are available at the American Military University and the affiliated American Public University. University programs in logistics place a special emphasis on this new aspect—and with good reason.

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Rethinking Your Reverse Supply Chain

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The supply chain. We’ve all heard the phrase, but what does it mean exactly? A supply chain is most often thought of as the process of moving goods from the manufacturer to the retailer and then on to consumers. In the consumer electronics market, as with other industries, this involves the processes of creating, packaging, storing, transporting and ultimately selling the product.

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ReCommerce the New eCommerce

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Keeping up with tech is tough. Enough new consumer electronics hit the market each year that, when considering the choices, you ask, “Isn’t there an app for this?” You’re not alone in your confusion. Like most other consumers, you’re in a race to stay up on new product releases. And you’re losing—losing time, losing money. Good thing, then, that recommerce is here. It may not be an app, but it’s a solution. It’s changing the way business is done. Recommerce flips the script on your relationship to tech by helping you get money for old devices for purchase toward new. Think of it as trading up or trading in.

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