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Dumping items in a landfill is no longer a sustainable business model or something that consumers are willing to accept. Billions of pounds of usable products and materials find their way into landfills annually, and some items are causing irreparable harm to the environment. Now that online shopping has become so popular, returns are also on the rise. This presents eCommerce businesses with a problem as well as an opportunity to address reverse logistics in a circular economy.

It’s easy enough to assume that your warehouse is efficient when your shelves are stocked and customers get their products on time. But how many organizations can claim 100% success with those items? Even so, you’d be amazed at how some adjustments to your strategy can make an impact on your business’s bottom line.

Even with a continuing global pandemic, 2021 turned out to be an excellent year for many retailers. The National Retail Foundation reports that holiday sales hit a record $886.7 billion in 2021, a 14.1% jump from the prior year.

Despite rising inflation, labor shortages, supply chain issues, and the new omicron variant, consumers continued to spend money at record rates and businesses delivered. But many consumers are also returning items post-holiday, which poses challenges for many businesses. When approached correctly, here is how holiday returns can actually benefit your supply chain and business.

Without sound reverse logistics management, your business might be harboring hidden costs and many uncertainties that threaten long-term success. Every business has to deal with returns. But treating them as an afterthought is not the best approach. Here is what you need to know about the high cost of reverse logistics and how your business can better maximize its results.

Today’s businesses face unprecedented challenges. In addition to meeting the rising demands of consumers, the specialized requirements of complex products, and a lingering public health crisis, there are ongoing strains placed on the supply chain. To respond to these challenges, companies are looking for ways to leverage various solutions along the supply chain to drive automation, collect data, reduce costs, and create efficiencies.

If you sell goods online, you know that stuff comes back at a predictable rate. People make mistakes when ordering, find that something doesn’t suit their needs, or get a product in the mail with some type of defect. You might have perfected your logistics process, but what happens when items need to move in the opposite direction?

An efficient warehouse is a profitable warehouse, but it can be tricky to gauge how efficient your workplace pipeline is. You need to track traffic in and out, orders, and everything in between. You might already have a system in place to review your warehouse effectiveness, but an easy way to improve your performance is to review the little details.

eCommerce has revolutionized the way we shop and get products into the hands of customers. The COVID-19 pandemic has accelerated the growth of online shopping as many consumers turn to eCommerce for daily needs like groceries and other items such as clothing. In fact, U.S. eCommerce sales are projected to reach $1 trillion for the first time in 2022 and account for over 20% of retail sales by 2024.

eCommerce has evolved to become the preferred form of retail for many types of goods and services. According to a recent report by Adobe, the COVID-19 pandemic boosted online shopping in the U.S. by $183 billion, a 42% increase in 2020 over the prior year.

Costs associated with the supply chain process have always been a concern for businesses. But those aspects of business results are magnified when the supply chain is suddenly rife with trouble.