According to the National Retail Federation, holiday sales represent roughly 20% of annual retail activity. For some types of retailers, like those that sell toys, games and hobby-related items, the number can be even higher—closer to 30%.
Reverse logistics is not a new concept. In fact, the first use of the term was in 1992 in a white paper titled “Reverse Logistics” published by the Council of Logistics Management. However, the idea has received more attention in recent years due, in part, to a desire to recapture value from products and from an increased focus on earth-friendly, “green” practices.
Using any of these tactics can help you reduce fuel consumption and save money. Practice all seven of them and you may find the savings to be impressive.
Do you lease semi trailers for your business to use, or are you considering leasing trailers? If so, it’s a good idea to develop a strategy that will enable you to maximize the benefit of those leases and your relationship with the provider.