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Operations Executives - Joint Meeting with Financial Executives Subgroup
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"Finding Hidden Value in your Reverse Logistics Supply Chain" Members - $27.50 Guests - $32.00

10/8/2015
When: Thurs., October 8, 2015
7:30am - 10:00am
Where: Manufacturer's Golf Club
511 Dreshertown Rd.
Ft. Washington, Pennsylvania  19034
United States
Contact: Maureen Waddington
215-393-3144


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“Finding Hidden Value in your Reverse Logistics Supply Chain”

 

An average of 4% to 6% of all retail purchases are returned, costing the industry about $40 billion per year. Furthermore, up to 7% of an enterprise’s gross sales are consumed by return costs. This presentation will highlight strategies that retailers, manufacturers, and distributors are using to generate new sources of capital from the resale and remarketing excess and overstock inventory.   More specifically, participants will learn:

 

o   How companies have used Reverse Logistics to unlock value and improve financial performance

o   The ways Third Party Service Providers can help or hinder your business

o   Critical areas you must master to maximize value in the reverse logistics supply chain

o   Key Performance Indicators and Best Practices

o   Why Reverse Logistics has caught the attention of Wall Street

 

 

Michael R. Blumberg CMC

President, Blumberg Advisory Group

 

 

MICHAEL R. BLUMBERG, MBA, CMC

 

Michael R. Blumberg is a leading expert Reverse Logistics and Aftermarket Services within in a wide array of industry segments, including, but not limited to industrial automation, information technology, office automation, medical electronics, building controls, material handling equipment, consumer electronics, appliances, etc.  He has over 20 years of experience in strategic planning, market research, benchmarking, enterprise systems design, and strategic management of product support operations. Michael is President of Blumberg Advisory Group, Inc.(www.blumberg-advisor.com), a management consulting firm specializing in Field Service and Reverse Logistics. He is also director of mergers & acquisitions with Everingham & Kerr (www.everkerr), a merger & acquisition advisory firm to the lower middle market.  Michael has served on the Board of Directors of the Service Industry Association and previously served on the Board of Advisors to the Reverse Logistics Association. He is also a professional member of the Institute of Management Consultants and has been qualified by them as a Certified Management Consultant (CMC).   

 

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