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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.
Managing returned inventory across multiple locations is no small task. For JCPenney, a fragmented process, inconsistent recovery rates, and limited buyer competition made it difficult to maximize the value of returned merchandise. By partnering with B-Stock, JCPenney centralized its B2B…
Back-to-school season is here! For resellers, it’s one of the best times of year to move inventory, attract new buyers, and position your business as a smart way to save on popular products. This year, budget-conscious shoppers are getting their…