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B-Stock is urging retailers and distribution centres to utilise technology and data to improve the reverse supply chain process.
With CBRE reporting that 30% of online purchases were sent back last year with ecommerce returns expected to rise 15% year-on-year, the sheer volume of returns can be overwhelming for the channel. However, B-Stock – an auction platform for returned, excess and other liquidation inventory – says this logistical challenge can be improved and even solved.
As the world’s largest B2B recommerce platform, B-Stock empowers retailers, brands, and OEMs to redefine sustainability by transforming returned, excess, and pre-owned inventory into opportunities for environmental and economic impact. This Earth Day, we explore how recommerce serves as a…