October 21 - 23, 2019
Hyatt Regency Austin, TX
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Reducing the Rate of Returns By Mastering the Reverse Supply Chain
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With an asset tracker, keeping tabs on the thriving network of shipments and cargoes that keep you in business is far easier. These valuable software and hardware combinations allow every team member to update product status as items pass through the supply chain. As a result, the high-risk transits that usually generate product losses become easier to anticipate and correct. The product reaches its destination safely, and you get the benefit of watching it go remotely, just to be sure.
Any vertically structured organization that incorporates an asset tracker also gains increased flexibility. Many companies have a difficult time communicating with their supply chain. Staff members might occasionally take a trip down to their receiving dock to pick up special items, but rarely do your office or retail workers visit an actual distribution hub. These customs establish major communication gaps.
Information received from the supply chain is often outdated and cannot be relied on when scheduling certain important events. Asset tracking tools, on the other hand, are routinely used to plan manufacturing purchase orders, special retail sales and product marketing, as the data such tools generate is typically up-to-the-minute.
The asset tracker is such an integral part of modern business that many of your top consumers have already come to expect the increased knowledge that asset tracking provides. While your customers may be able to check the end-shipper’s tracking number for orders they make on your website, things aren’t as simple in other cases. If a consumer wants to know when you’re going to have a purchase order ready, you’ll need to know when the parts will arrive, which requires detailed asset tracking. When your retail employees have to fulfill a special out-of-stock order or pre-order for a walk-in visitor, the customer will definitely ask when they can expect their goods, and you’ll need point of sale asset tracking to find out. Integrating asset trackers into your retail, manufacturing and shipping departments can easily satisfy a host of consumer needs, not to mention keep you knowledgeable about where all your wares are at any given instant.