what is the advantage of retuning
Answers
Answer:
1. Enhances Customer Loyalty: When a customer returns a product, your business has an opportunity to learn the reasons why they have returned their concerns. There is no denying the fact that effective repairs or replacements of damaged or faulty merchandise are the most basic way you can use reverse logistics. And this would ultimately impress the customer and maintain their loyalty to your brand.
2. Enhances Sustainability: Reverse logistics is much more like recycling. If a product is returned in a good shape and isn’t faulty, then it can be packaged back up and sold to another customer. While on the other hand, if the product requires repairs, then it can be refurbished at a lower cost.
At last, if a product is truly unable to be turned into a good condition, then it can be broken down so its usable components can be recycled. As a result, this will help you recapture value across different points of the return goods handling South Africa.
3. Increase Public Perception: There is no arguing that the benefits of reverse logistics go to public perception at large. As it keeps more of your goods so you can earn public approval to boot.
4. Better Return on Investment: It is well-known fact that inventory costs money. The more inventory you have in the system, the more of your investment will be locked. Make sure you take steps in order to increase the speed of returns, which would help to reduce the requirements of system’s inventory. This will minimize the amount of capital being tied up in inventory, which boosts your return on investment to a great extent.
5. Improves Environmental Sustainability: From a corporate responsibility, it has never been more important to implement supply chain solutions that are environmentally sustainable. However, there are some industry-leading companies that take steps to reduce their environmental footprint.