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Every manufacturer has surplus: returned, excess or overstock inventory that sits in a warehouse, taking up space. Lack of innovation over the past few decades around how organizations approach disposing of their surplus inventory has resulted in billions of dollars lost and can no longer be left to inefficient, reactive or outdated methods. Considering 15 percent of all goods are either returned or never sold to begin with, and that a large portion of these products end up back with the manufacturer, it’s essential to understand the real value of this merchandise and rethink the program(s) put in place for the remarketing of it.
Some of the world’s largest wireless OEMs, carriers, and trade-in companies leverage B-Stock’s B2B marketplace to maximize their profits on trade-in mobile devices and accessories. Get insight into secondary market trends to fetch the highest prices for your devices.
Every April, Earth Month serves as a reminder that sustainability isn’t a trend: it’s an imperative. For retailers and brands managing the constant flow of returned, excess, and pre-owned inventory, the question is no longer whether to embrace sustainable practices,…
The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be returned, roughly $850 billion in merchandise. According to McKinsey & Company, it’s forced retailers to spend an estimated $200 billion…