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RLA CE Committee Webinar – July 24, 2013. Finance is from Mars and Reverse Logistics is From Venus. Tony Sciarrotta - Reverse It Sales & Consulting Paul Rupnow - Andlor Logistics Systems Inc. Outline How we pulled this article together Why? Authors – RLA CE Committee.
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Finance is from Mars and Reverse Logistics is From Venus • Tony Sciarrotta - Reverse It Sales & Consulting • Paul Rupnow - Andlor Logistics Systems Inc. • Outline • How we pulled this article together • Why? • Authors – RLA CE Committee
Finance is from Mars and Reverse Logistics is From Venus • Financial Tool Kit for Reverse Logistics • “Every Reverse Logistics Manager needs a good Finance Manager as a friend” • Returns Saving Calculator (Excel) • Data – the right data, the right analysis
Finance is from Mars and Reverse Logistics is From Venus • Spreadsheet - Returns Saving Calculator
Finance is from Mars and Reverse Logistics is From Venus • Terminology for Both Finance and RL Managers • Cost? - Standard Cost, Landed Cost, Loaded Cost, Cost of Goods Sold • Hidden Costs • Price creep, market value, costs in other silos, price erosion
Finance is from Mars and Reverse Logistics is From Venus • Condition • Disposition decisions • Current Market Value for the item of this grade/condition • No standard definitions • Refurbished, As Is, Open Box, Re-manufacturered • Return Reason Classification • Transportation, Defective,Return Policy, NTF
Questions • & Discussion