What’s reverse logistics?
??Capitalize on reverse logistics and the legal maze of AI.
Everyone is in the game of making a profit. But reverse logistics is taking it to a whole different level. The market is also growing at a fast pace. It’s valued at over half a trillion US dollars already. We take a deep dive into the intricacies of this lucrative industry.?
We’ve also packed some unique content for you, from last-mile delivery with a public transport spin on it to an in-depth debate about the boundaries of artificial intelligence.?
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Till next time,
News2u Team
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?? Returns turning a profit
Reverse logistics is, in essence, the act of facilitating returns as an e-commerce business. But it’s much more intricate than just that. So intricate that it’s become an extremely lucrative industry. The global reverse logistics market, valued at $492.16 billion in 2021, is expected to grow at a CAGR of 4.72% to reach $649.22 billion by 2027.?
It looks like reverse logistics has shifted from a mere afterthought to a critical aspect of retail, focusing on profit and customer loyalty.
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?? You’ll only read it here on Locate2u
Locate2u spoke to a technology lawyer about his thoughts on AI court cases this week. If you wonder if it’s affecting your business, you might find some answers here.?
领英推荐
Because we are big on technology, we’ve also researched how serious some countries are about helping businesses embrace AI software and grow the economy.?
Who is the biggest investor in AI businesses? Read more here
Moving away from tech for a moment. If you are an entrepreneur by heart, you’ll be interested to read about a South African man’s innovative way of using taxis to deliver parcels to impoverished areas.?
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?? Delivery in the UK just leveled up
Deliveroo has partnered with instant commerce company Gopuff to enhance its grocery delivery services in the UK. The partnership will feature over 3,000 essential products curated by Gopuff, including fresh produce and household items, on Deliveroo's website. They aim to deliver these items in an astonishing 20 minutes or less.
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??? Route Optimization: Is it an exact science??
Delivery drivers spend hours behind the steering wheel. With Route Optimization software, it optimizes the routes by 100 times compared to manually processing every delivery location. Which means you can increase your delivery optimization drastically.?
People have been scratching their heads over the best routes to follow for centuries.?
Some now recon spending time on the ground with your drivers might optimize the route to their hearts and solve old problems.?
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