Flex Joins the Reverse Logistics Association

Rhea-AI Summary

Flex (NASDAQ: FLEX) has joined the Reverse Logistics Association (RLA), a global trade association for the returns and reverse industry. With over 20 years of experience in integrated reverse logistics and circular economy services, Flex aims to collaborate with industry leaders to advance circularity globally.

The company's end-to-end product lifecycle services include sustainability analytics, returns and screening, repair, refurbishment, asset recovery, product and parts resale, and recycling. These offerings help brands navigate global requirements, maximize value recovery, and minimize environmental impact.

Pat Ring, SVP and GM of Global Services and Solutions at Flex, emphasized the growing demand for sustainable practices and increased reverse logistics adoption. Tony Sciarrotta, Executive Director of RLA, welcomed Flex's membership, highlighting the company's potential to share experience and best practices within the industry.

Positive

• Joined Reverse Logistics Association, enhancing industry collaboration
• Over 20 years of experience in reverse logistics and circular economy services
• Comprehensive end-to-end product lifecycle services portfolio
• Potential to share best practices and deliver greater value to customers

Negative

• None.

Company brings more than two decades of experience in integrated reverse logistics and circular economy services at scale to global member network

AUSTIN, Texas, July 18, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced it has joined the Reverse Logistics Association (RLA), a member-driven, global trade association for the returns and reverse industry and an authoritative body for reverse logistics best practices. Bringing more than two decades of experience in integrated reverse logistics and circular economy services at scale, Flex joins a community network of top service providers and decision makers from companies globally focused on advancing reverse logistics.

The RLA offers members information, research, and solutions and facilitates networking for manufacturers, retail companies, and third-party providers. The organization aims to educate and inform reverse logistics professionals globally and be the voice of the reverse industry.

"The growing demand from consumers and companies alike for more sustainable practices further sets the stage for increased reverse logistics adoption and knowledge-sharing across different processes after a product is sold," said Pat Ring, Senior Vice President and General Manager, Global Services and Solutions, Flex. "In joining the Reverse Logistics Association, we look forward to collaborating with fellow industry leaders to advance circularity across the globe, share best practices from servicing leading brands' products for more than 20 years, and deliver greater value to our customers."

As part of the company's end-to-end product lifecycle services portfolio, Flex's integrated reverse logistics and circular economy services span sustainability analytics, returns and screening, repair, refurbishment, asset recovery, product and parts resale and recycling. Through these offerings, Flex helps brands navigate global requirements on the traceable use and disposal of materials, maximize value recovery and minimize their products' environmental impact.

"We are proud to have one of the world leaders in the reverse logistics services and solutions space join the Reverse Logistics Association," said Tony Sciarrotta, Executive Director, RLA. "Flex has engaged with the RLA since the beginning but its membership represents a strong commitment to the industry and other members of the community. Industry leaders from Flex can now share their experience, proven best practices and new ideas to reduce returns and recover more products for resale. Like all RLA members, Flex is a valued part of the circular economy."

For more information about Flex's reverse logistics and circular economy services, visit https://flex.com/solutions-and-services/post-sale.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.

Contacts

Investors & Analysts 
David A. Rubin 
Vice President, Investor Relations 
(408) 577-4632 
David.Rubin@flex.com

Media & Press 
Jessica Anderson 
Director, Corporate Integrated Marketing and Communications
(408) 577-4789
Jessica.Anderson@flex.com  

 

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SOURCE Flex

FAQ

What is the significance of Flex (NASDAQ: FLEX) joining the Reverse Logistics Association?

Flex joining the Reverse Logistics Association is significant as it brings over 20 years of experience in integrated reverse logistics and circular economy services to the global member network. This collaboration aims to advance circularity across the globe, share best practices, and deliver greater value to customers.

What services does Flex (NASDAQ: FLEX) offer in reverse logistics?

Flex offers a comprehensive range of reverse logistics services including sustainability analytics, returns and screening, repair, refurbishment, asset recovery, product and parts resale, and recycling. These services help brands navigate global requirements, maximize value recovery, and minimize environmental impact.

How does Flex (NASDAQ: FLEX) contribute to sustainability through its reverse logistics services?

Flex contributes to sustainability by helping brands navigate global requirements on traceable use and disposal of materials, maximizing value recovery, and minimizing products' environmental impact through its integrated reverse logistics and circular economy services.

What is the Reverse Logistics Association (RLA) and how does it benefit Flex (NASDAQ: FLEX)?

The Reverse Logistics Association is a global trade association for the returns and reverse industry. By joining RLA, Flex gains access to a community network of top service providers and decision-makers, enabling knowledge-sharing and collaboration to advance reverse logistics practices.