Stop Managing the Excess Inventory Backlog. Start Clearing It.
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 annually just to recover value from returned goods, creating a major cost center for consumer … Continue reading Stop Managing the Excess Inventory Backlog. Start Clearing It.
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