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Millions of dollars in merchandise is returned to wireless retailers each year, most of which can’t go back on the shelf due to diminished item condition, damaged packaging or product obsolescence. No matter the reason, that’s a significant amount of idle inventory taking up backroom space and subsequently costing money. Today’s retailing environment is intensely competitive and a few points of margin can mean the difference between winning and losing; this heightens the importance of maximizing efficiency and return across all areas of the supply chain.
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…