Reverse Logistics Management for Consumer Product Goods
About 8% of the consumer products marketed in the United States are either returned or go unsold. CPG companies often struggle to efficiently manage the reverse flow of retail store returns.
GENCO is the global leader in reverse logistics management. Through the application of systems and reverse logistics best practices, we can help you achieve a 15%-25% reduction in combined space, labor and freight costs for return center operations.
GENCO Value Drivers for Reverse Logistics Management for CPG
Reduced Cycle Time- Product moves quickly through the reverse supply chain.
Opportunities for Improvement- Our experience operating return centers for CPG manufacturers enables us to benchmark your operations against best practices and quickly identify improvement opportunities.
Automated Business Rules- By automating the business rules for product disposition, based on agreements between you and your retail partners, we accelerate the product disposition process, avoid return to vendor disputes, and improve retailer-vendor relations.
Return to Vendor Products
Many CPG manufacturers overspend to bring returns back from the retail return center. Any extra value they might realize by managing refurbishment, liquidation, and recycling themselves is minimized by the additional handling and freight costs incurred.
To learn how you can increase your net recovery on these returns, read our white paper "Retail Store Returns: How earlier disposition can reduce costs and maximize recovery value.
Meeting the Unsaleables Challenge
Some CPG products are returned or go unsold because of product damage or poor forecasting that leads to excess inventory. GENCO's unsaleables management solution identifies the root cause of unsaleables and can drive a 5%-15% annual reduction in costs.
Maximize the Value of CPG Reverse Logistics Now
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