Category: In The News

Reducing Internal Costs in the Handling of Returned Wireless Merchandise

Millions of dollars in merchandise is returned to wireless retailers each year, most of which can’t go back on the shelf due to diminished item condition, damaged packaging or product obsolescence. No matter the reason, that’s a significant amount of idle inventory taking up backroom space and subsequently costing money. Today’s retailing environment is intensely …

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Amazon's Woot launches a B2B auction site for excess merchandise

Woot, a daily-deal retail site and Amazon.com Inc. subsidiary, recently launched a business-to-business e-marketplace—Woot Liquidation Auctions—where merchants and other businesses can buy excess merchandise. The online B2B auction site, developed by B-Stock Solutions and located online at Woot.BStockSolutions.com, allows business buyers to bid on new, excess merchandise. Businesses can buy anything on the site from a …

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Rethinking Recovery: Using Data and Technology to Tackle Customer Returns and Overstock

Retailers and manufacturers liquidate more than 95 percent of customer returns and overstock inventory on the secondary market, making it very important for them to be smart about liquidation and perhaps rethink whatever program(s) they have in place. Traditional liquidation methods, including selling this distressed inventory to one or two liquidators, always leave money on …

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Woot Partners with B-Stock Solutions to Launch B2B Marketplace

B-Stock Solutions today announced the launch of Woot’s official liquidation marketplace, Woot Liquidation Auctions. This B2B online auction site will give business buyers around the globe direct access to overstock inventory including apparel, home and garden, tools, recreational equipment and other general merchandise from Woot.com. The merchandise is new, in its original packaging and will …

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Helping Groupon Goods launch a European B2B auction site

Howard Rosenberg, CEO of B-Stock Solutions, a developer of business-to-business e-marketplaces, has had his eyes on Europe for growing e-marketplaces, and with Groupon Goods he found an opening. “We’ve always been really interested in the European market, and we view this as a really great opportunity for us to start investing,” Rosenberg says. Groupon Goods, …

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Introducing the SDCE 100 for 2015

Supply & Demand Chain Executive Magazine, the executive’s user manual for successful supply and demand chain transformation, this week announced its 13th annual listing of the Supply & Demand Chain Executive 100, highlighting 100 Great Supply Chain Projects. Our goal with this year’s 100 is to put the spotlight on successful and innovative transformation projects …

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Tempe man creates discount reselling business

Scott Fitzgerald noticed a trend in the way major retail stores handled their excess product and decided to take advantage. Fitzgerald recently founded The Curb, a Tempe-based business that purchases returned or exchanged merchandise from big-box retailers and then resells them for a fraction of the price. “During the 23 years, I saw how returns …

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The “Moneyball” Approach to Customer Returns and Excess Inventory

Most of us are familiar with “Moneyball,” a book-turned-film about a Major League Baseball team’s data-driven approach to assembling a competitive roster of players, which ultimately disrupted the existing model. While not as glamorous as the MLB, the same approach of focusing on key metrics can be applied to maximizing recovery on returned, overstock and excess inventory slated …

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Posted in: In The News