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Welcome to Reverse Logistics Magazine
The Reverse Logistics Magazine is a bi-monthly publication of the Reverse Logistics Association with a circulation of 80,000 readers worldwide. Reverse logistics is a process that crosses all industries including High-Tech, Retail, Medical, Pharmaceutical, Automotive and Aerospace, just to name a few.
The magazine provides the latest information regarding the various areas of reverse logistics including returns management, refurbishment, field service and warranty management.
Call for Articles & Advertisements
Reverse Logistics Magazine welcomes unsolicited articles and abstracts. If you have an article you would like to submit for consideration, please email it to the Editor. More information is available from the Author Guidelines.
Advertising space is available. Advertising rates are available from the Media Kit. Check the Artwork Submittal Instructions and Ad Specifications for more information.
Reverse Logistics News Highlights
CEVA Selects Fortigo for Industry-first Reverse Logistics Solution
Austin, TX—2 July 2008—Fortigo Inc., logistics cost management (LCM) software experts, and CEVA Logistics (CEVA), announce the introduction of an industry-first solution for reverse logistics and asset recovery that automates, optimizes, and audits the process of returning used and leased assets.
“For major manufacturers, returning used and leased assets is a huge business,” explained Dr. George Kontoravdis, Fortigo president. “Reverse logistics involves billions of dollars and precise coordination between many different business partners, including carriers, distribution centers, and refurbishment centers. Providing a way to automate this process and eliminate costs has a measurable impact on the bottom line.”
ECO International Acquires AuctionDrop Inc.
Vestal, NY—ECO International, LLC a world-wide electronics asset recovery and recycling company is pleased to announce the acquisition of AuctionDrop effective June 16th 2008.
AuctionDrop is a leading online retailer for the liquidation of wholesale surplus and salvage inventory and assets. The Company’s business-to-consumer model sources wholesale, surplus and excess inventory from big box national retailers, high-end luxury retailers and manufacturers selling merchandise through its own website portal (auctiondrop.com) as well as other online channels such as eBay. Operations include all aspects of the reverse supply chain from supplier pickup-up, merchandise auction listing, packing and shipping to tracking, and collections while providing superior customer service.
The AuctionDrop value proposition provides simplicity, consistency, and reliability for manufacturers and retailers to maximize yields on the disposition of excess inventories, customer returns, and damaged overstock goods. This is achieved by reducing the internal costs for the manufacturer or retailer while yielding the maximum value of the product by selling it directly to consumers.
Market performance: AuctionDrop consistently ranks among the top EBay sellers based on volume sold while maintaining a remarkable 98.2% positive buyer “feedback” rating for cumulative transactions to-date. Awards received:
- Always on Top 100
- Silicon Valley Business Journal Fast 50 (Ranked #3)
- Deloitte & Touche Technology Fast Rising Stars (Ranked #12).
This acquisition provides AuctionDrop with the necessary resources and technology to continue to grow and efficiently serve its customers. Enhanced services will include expanded geographic coverage and additional services, including end-of-life recycling, to both the retailers and manufacturers.
Auction Drop was advised on this transaction by America’s Growth Capital.
About ECO International: ECO services various electronics recycling market segments from local municipalities and state recycling programs to original equipment manufactures (OEM’s), Business to Business (B2B), Business to Retailer (B2R) and direct to consumer (B2C) programs helping increase electronics asset utilization and assure recycling regulatory compliance during technology life cycles. ECO is a privately held company with sister companies serving high technology electronic manufacturing, research and development, international electronic component distribution, with annual revenues in excess of $700 million.
Corporate vision includes investing in new technology, organic growth, strategic acquisitions, and third party partnerships to achieve our goals and objectives as a market leader.
Contact Information:
Brad Brown
VP Sales & Marketing
ECO International
Direct: 607-321-2079 ext 331
bbrown@ecointernational.com
Kroger expands ground beef recall
2 July 2008—Kroger Co. will recall more ground beef now that Nebraska Beef in Omaha, Neb., has been identified by the U.S. Department of Agriculture as the supplier of products linked to an outbreak of E. coli-related illness.
The Cincinnati-based grocery chain said Wednesday it is also recalling ground beef sold in Styrofoam trays with “sell by” dates up to July 5, at its Kroger, Ralphs, QFC, Fred Meyer, Fry’s, Smith’s, Baker’s, King Soopers and City Market outlets. Locally, ground beef bought from Kroger stores with a “sell by” date of May 21-July 3, is being recalled.
ATC Technology Corporation Affirms Long-Term Customer Relationship With Honda
DOWNERS GROVE, Ill.—1 July 2008—ATC Technology Corporation (ATC) (Nasdaq:ATAC), today announced that its long-time customer, Honda, has advised the Company of its decision to evenly split future requirements for remanufactured transmissions between ATC and another long-term supplier, effective as of the fourth quarter.
In commenting on Honda’s decision, Don Johnson, Chairman and CEO said, “We have been working with Honda over the past several months to determine the extent of our participation in Honda’s sourcing of remanufactured transmissions. This sourcing allocation decision, which is effective October 1, 2008, is important to the Company as we will participate equally in the remanufacturing of past, current and future transmission models. Additionally, in the past year, Honda has awarded us other programs unrelated to transmission remanufacturing, such as the remanufacturing of half-shafts and logistics services related to core qualification and processing for other remanufactured products.
NVC Logistics Group Expands to Midwest and West Coast
30 June 2008—Logistics services expert, NVC Logistics Group, has opened two new regional facilities in support of their nationwide transportation programs.
Located in Los Angeles and Chicago, these two new assets will play an important strategic role. In addition to supporting NVC’s nationwide home delivery and return programs, these facilities will provide regional businesses with value-added transportation, warehousing and distribution services.
