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On average, returns will reduce the profitability of retailers and manufacturers anywhere from 3.8 – 4.3 percent. Implementing proper reverse logistics practices, using best of breed technology and partnering with the correct third part service provider (3PSP) can significantly reduce this number. Research from RLEC (Reverse Logistics Executive Committee) has shown that retailers, more than manufacturers have implemented technology, but the room for improvement on all fronts still exists. This shows the need, now, more than ever to put your reverse logistics on the forefront.
6.4 Retail
Industry
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