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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.
What makes recommerce such a big opportunity in retail today? It’s a quickly changing scene! Seasonal clear-outs and the mass unloading of excess inventory are no longer the only uses for liquidation and resale. Rather, astute manufacturers, retailers, and business…
B-Stock’s internship program launched in 2021, and since then, we’ve had the pleasure of welcoming and working with over 30 interns! From Finance and Product to Engineering and Marketing, our interns have left their mark across all of B-Stock and…