Revolutionizing Apparel: The Power of RFID Technology
Industry Insights From Renewal Logistics: Revolutionizing Apparel: The Power of RFID Technology RFID technology – is a game-changer that is revolutionizing the apparel industry. Apparel brands are constantly seeking innovative solutions to streamline their operations in these areas: Inventory Management Item Level Tracking Enhanced Customer Experience Loss Prevention Automated Check Out Supply Chain Visibility Product […]
The Future Of Reverse Logistics: What You Should Know
Industry Insights From Renewal Logistics: The Future of Reverse Logistics: What You Should Know Managing reverse logistics is essential for the bottom line and the reputation of an apparel brand. With rapid advancements in technology and growing customer expectations, the future of reverse logistics is undergoing a significant transformation. Three key areas apparel brands should […]
5 Key Metrics with Reverse Logistics
Industry Insights From Renewal Logistics: 5 Key Metrics with Reverse Logistics https://www.youtube.com/watch?v=xUJqLAvmi38 Brands should make data-driven decisions at every step of their supply chain and reverse logistics management. When it comes to reverse logistics there are 5 key metrics to be aware of. These 5 metrics are: Volume Condition of Returned Products Percent of Costs Financial […]
7 Strategies to Optimize Reverse Logistics
Industry Insights From Renewal Logistics: 7 Strategies to Optimize Reverse Logistics https://www.youtube.com/watch?v=MHHtKovIxZI When it comes to reverse logistics optimization, apparel brands need a cohesive strategy. A strategy that accounts for speed, efficiency, and cost. Paying close attention to policies, partners, data, capacity, and logistics will set your apparel brand on the right path to success […]
The 5 Areas of Reverse Logistics You Need to Know
Industry Insights From Renewal Logistics: The 5 Areas of Reverse Logistics You Need to Know https://www.youtube.com/watch?v=Ty8yZc0lk7c Understanding Reverse Logistics can aid in an efficient flow of goods, reduce costs, create value for your brand, decrease risk, and complete the product life cycle. As an apparel brand, you can attempt to handle this process in-house. However, […]
Reverse Logistics: The Key to Solving a Trillion-Dollar Problem – Video
Industry Insights From Renewal Logistics: Reverse Logistics: The Key to Solving a Trillion-Dollar Problem The growth of e-commerce has created a trillion-dollar issue worldwide annually regarding returns. Understanding how reverse logistics works could help your apparel brand build customer loyalty, create repeat business and minimize returns-related losses. Did you know? During the recent peak season, […]
3 Parts of a Re-Commerce Program – Video
Industry Insights From Renewal Logistics: 3 Parts of a Re-commerce Program https://www.youtube.com/watch?v=ru8-Iup6pfA We know that apparel brands are susceptible to high rates of returns. However, there is a way to reclaim potentially lost revenue. The answer to this issue and more is known as a Re-Commerce Program. What is a Re-Commerce program? A Re-Commerce program […]
How to Implement a Returns Program – Video
Industry Insights From Renewal Logistics: How to Implement a Returns Program https://www.youtube.com/watch?v=Ic5LgePLCLITips For Implementing a Returns Program Renewal Logistic’s CEO Courtney Folk takes a moment to share some insight on implementing a returns program for apparel companies. 1. Having a clear returns policy that builds trust is first and foremost. Once your company has defined […]
3 Tips for Apparel Companies seeking a 3PL Partner – Video
Industry Insights From Renewal Logistics: 3 Tips for Apparel Companies seeking a 3PL partner https://www.youtube.com/watch?v=9ZM9IH0MfpE When it comes to an Apparel-Focused 3PL partnership what should you be looking for? An Apparel-Focused 3PL Partner should have the ability to handle your returns process in the most efficient manner possible. If you are experiencing longer than a […]
Rising Customer Returns in the E-commerce Space
Best Practices from Renewal Logistics: How to Handle Rising Customer Returns Customer returns constitute a big problem for those in the ecommerce space. In 2020, customers returned $428 billion worth of merchandise, equating to over 10 percent of total retail sales. For online retailers, the picture is even grimmer. About 25 percent of all items […]
