B-Stock Blog

Combating Ecommerce Returns with Technology

The explosive growth of ecommerce sales is bringing a subsequent spike in ecommerce returns. To put it in perspective: Returns are projected to grow at a 15% annual rate, and 30% of online purchases were returned last year, according to research from commercial real estate firm CBRE. Buyer’s remorse from consumers not being able to …

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Posted in: In The News

B-Stock to Exhibit at SCOPE

B-Stock is heading to SCOPE next week, May 1-3, in Schaumburg, IL. SCOPE is the supply chain industry’s leading executive level conference that connects supply chain executives at Fortune 500 organizations with top solution providers to learn about their latest technology and innovations. This is our third time exhibiting at SCOPE and we look forward …

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Battling the knock-on effects of a warmer winter

The winter of 2015 was the warmest in 70 years and the mild weather has hit retailers hard, with accountancy firm Deloitte identifying average reductions of 41.8 per cent, the biggest since 2008. [2] What’s more, retailers are dealing with considerable amounts of excess, unsold winter stock as well as returned winter merchandise; all of …

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Posted in: In The News

E-commerce returns are on the rise: what’s your reverse logistics plan?

There has been a lot of talk lately in the logistics community about the surge in e-commerce returns: a recent report from CBRE noted that they are growing at a 15-percent annual rate and in 2015 around 30 percent of online purchases were returned. Those are some pretty big numbers that can’t be ignored. What’s …

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In my opinion: getting rid of liquidated stock will be key retail priority after mild UK winter, says B-Stock Solutions

While the UK has experienced its warmest winter in 70 years, retailers have taken a substantial hit due to lower-than-average sales for seasonal merchandise as well as high return rates for winter wear. As a result, retailers have been left with considerably more excess winter stock than usual; most of which can’t remain or go …

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Posted in: In The News

Buyer Spotlight: Scott Fitzgerald, President of The Curb

From buyer’s remorse to buying the wrong size, make or model, consumers are fickle creatures, returning around 3.5 billion items a year – a lot of which can’t go back on store or virtual shelves and are slated for liquidation. B-Stock connects this excess merchandise directly to a global base of business buyers, including one …

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Supply Chain Millennials: 30 Leaders Under 30 Class of 2016

The Institute for Supply Management teamed up with ThomasNet to identify and then celebrate young professionals in the supply chain field who are making a difference in their companies and organizations. Now, continuing the tradition, the ISM and ThomasNet have identified a second group of 30 Millennials, and this slideshow is devoted to publicizing the …

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Posted in: In The News

Leveraging Technology to Maximize Return on Excess Stock

Lack of innovation over the past few decades around how organisations approach disposing of their returned, excess and obsolete stock has resulted in billions of pounds lost unnecessarily. With an ever-expanding marketplace that continues to gather pace, this business-critical function can no longer be left to inefficient, reactive, or out-dated methods. Considering 15 percent of …

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Posted in: In The News