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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.
Apple released four new iPhone models in 2020. Historically, the annual iPhone release happens in late September, but given the impact of COVID-19 on the supply chain in 2020, new models hit the primary market in two waves, the first…