Mississauga, ON -- (SBWIRE) -- 08/19/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Reverse Logistics Expert SEL Exchange Agreement with Price Point Promotions Yields First Sale.”
Companies mentioned in this article include SEL Exchange Inc. (TSX-Venture:SEL).
Competitive pressures have put the squeeze on margins in the retail industry, forcing companies to consider how they operate. Companies have to look through every aspect of the supply chain, including analyzing how much stock is kept on shelves or if to use just in time delivery methods and consideration as to how to handle returns in order to keep prices low and profits as high as possible.
According to Reverse Logistics Magazine, grocery retailers were the first to devote serious attention and implement new procedures in reverse logistics, which is, in short, the opposite process of controlling product flow to reach the consumer. That can mean moving expired product and dealing with damaged or returned product, to name just a few things. Safe to say, the cost of reverse logistics can add up quickly for retailers and suppliers and sap profits for essentially unused goods.
Ontario-based SEL Exchange Inc. (TSX-Venture:SEL), through its wholly owned subsidiaries SLM Logistics Corporation, and Service Results Technology Inc., is dedicated to fully sustainable reverse logistics to manage consumer and retail store returns and problematic electronics through a product management system.
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