Transform the Cost of Returns into a Revenue Stream April 19, 2013Posted by admin in : Asset Management and Disposition, end-to-end multi-vendor aftermarket services, Returns Avoidance, Spare Parts Management, Telecom Reverse Logistics, telecommunications, Telmar Network Technology, Warehousing , trackback
The cost of returns—in both time and money—is only increasing. Many companies are spending more on return management today than ever before. A recent study estimates that returns will cost U.S. consumer electronics manufacturers and retailers nearly $17 billion this year, an increase of 21% since 2007.
The high cost of returns doesn’t have to be something your company accepts as inevitable. An integrated and efficient reverse logistics plan can revolutionize your company’s bottom line. Cisco was able to transform its returns from an $8 million loss in 2005 into a $147 million revenue generator by 2009, simply by evaluating and revamping the company’s reverse logistics processes.
Telmar is poised to help you implement a winning reverse logistics strategy. From custom reverse logistics and warehousing solutions to inventory and transportation management, Telmar can help you reduce costs while streamlining your processes. Contact us today to see how much your company can save.