New Trends in Reverse Logistics - Tim Konrad
Tim Konrad discusses new trends in reverse logistics with Supply Chain Brain's, Robert Bowman.
Tim talks about trend for both retailers and manufacturers to seek higher net recover values from products in their reverse supply chain. They are using methods to garner value sooner rather than later in the supply chain.
Retailers and manufacturers have begun to work together to seek higher value. Manufacturers and retailers have begun handling returns and liquidation at the retail return center, rather than having extra costs eat away at the recovery value of the product.