NATHALIE SCHOOLING: How reverse logistics can make or break e-commerce businesses

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Singapore Singapore Headlines News

Companies should be focusing their energy on effective returns management

As e-commerce grows in popularity in SA and competition increases among online retailers, there is intensified pressure to make product return policies as quick and easy as possible for customers.showing that returns by online shoppers are rising year on year by about 40%, a slick and effective “reverse logistics” capability is just as important as competitive product pricing and fast delivery.

This isn’t unreasonable, given that online shoppers can’t try them on in a changing room before they buy. But if the process of sending back the clothes they don’t want isn’t hassle-free, they either won’t shop online again, or they won’t shop with that e-commerce platform. Together, all of these reverse logistics segments combine to help create the circular economy. This envisages the supply chain as a closed loop, rather than being one-directional from the manufacturer to the end user.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines