Reverse logistics-the process of managing products as they move backward through the supply chain-has undergone a major transformation, from being considered a back-office activity to becoming a major business issue. With the growth of online shopping, this return volume is also explosively increasing, throwing tremendous operational challenges at different businesses across industries. For many retailers and manufacturers, being able to manage returns properly can mean the difference between profit and loss.The return journey has to be as convenient as the buying one for today’s customers. Behind that chic and seamless experience lies a complicated mesh of processes many companies are hard-pressed to even ti...
Reverse logistics-the process of managing products as they move backward through the supply chain-has undergone a major transformation, from being considered a back-office activity to becoming a major business issue. With the growth of online shopping, this return volume is also explosively increasing, throwing tremendous operational challenges at different businesses across industries. For many retailers and manufacturers, being able to manage returns properly can mean the difference between profit and loss.The return journey has to be as convenient as the buying one for today’s customers. Behind that chic and seamless experience lies a complicated mesh of processes many companies are hard-pressed to even time-optimizing. This is where Power BI analytics comes into play-in transforming the way companies manage, analyze, and optimize their reverse logistics operations.
