There’s the standard approach to reverse logistics, and there’s the FastAsset partnership approach. An innovative and collaborative approach that is actually redefining the supply chain itself.
Redefining the supply chain means drastically decreasing time-to-market, eliminating a lot of “product touch” and its associated packaging/shipping/handling costs. It means moving the remarketing function closer to the point of customer return.
By partnering with other best-in-class supply chain service providers (ECMs and 3PSPs), we’ve eliminated significant time and overhead for OEMs. This benefits both the OEMs and supply chain service providers.
It means greater product revenue and profit at the end of the day for everyone involved.