Assignment: Managing the Returns Process
Supply Chain Managers are inundated with challenges and how we manage those changes can contribute to either effective or ineffective results for the company. Returns must be managed with careful consideration.
You opened a successful ecommerce business that grosses $1 million in sales, but you now realize that your returns are larger than you anticipated. These include warranty returns, product dissatisfaction returns, customer dissatisfaction returns, etc. The amount of returns is costing you 20% ($200,000) instead of the 5% projected ($50,000).
Prepare an 8 to 12 slides visual presentation with speaker notes (or produce a video, or narrate your speaker's notes instead) in order to solve this challenge and to be able to control returns to meet the company's goals. You are presenting to a group of peers.
Address the following:
o Return management process
o Integrated forward and reverse flows
o The challenge of managing returns
Confirm how these processes will enable you to meet the 5% returns goal.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.