Rethinking Reverse Logistics: Strategic Approaches for E-commerce Sustainability
We always want to share ideas with the world and we think that medium is the right place to do so, Today we are sharing our ideas to help in ecommerce and environment sustainability.
Reverse logistics — the process of moving goods from customers back to the sellers or manufacturers is a significant challenge for the retail and e-commerce sectors.
In 2023, the reverse logistics market alone in North America alone was valued at USD 374.46 billion, underlining the immense financial and logistical burdens involved in managing returns.
These challenges not only strain resources but also impact the environment due to increased transportation and packaging waste.
Economic and Environmental Impacts
Managing product returns involves substantial transportation and warehousing costs, which add to the overall expenses of the e-commerce supply chain.
But it’s not just about the money. Every return adds to our environmental footprint (environmental toll) with CO2 emissions and packaging waste increasing as…
