With a projected annual return charge of 16.9%, 2024 noticed a staggering all-time excessive of $890 billion value of merchandise returned to retailers. Whereas a pure byproduct of retail, this merchandise locations immense stress and extra prices on retailers and distribution networks not optimized for the environment friendly reverse move of products. For objects that may’t be restocked on main cabinets as a consequence of processing prices, seen put on, or obsolescence, using the precise secondary market options to optimize what occurs to those items and transferring them out of warehouses is paramount.
In 2024, B-Inventory facilitated over 268,000 transactions. This resulted in additional than 140 million items offered on its recommerce platform in classes like attire, home equipment, residence & backyard, shopper electronics, and extra. Actually, over a million tons of stock, starting from salvage to like-new situation, was given a “second life.”
B-Inventory permits manufacturers, retailers, and OEMs to maximise efficiency, management, and visibility of their stock whereas providing a technology-driven alternative for conventional resale strategies. Utilizing its in depth resale knowledge and cutting-edge know-how, B-Inventory is providing companies the chance to find the worth of returned and overstock stock.
Calculate Your Stock’s Value
B-Inventory’s Restoration Insights Instrument
To assist sellers perceive and unlock the worth of extra stock, the recommerce consultants at B-Inventory have launched a free Restoration Insights Instrument. This data-driven software leverages B-Inventory’s in depth 15-year dataset of secondary market knowledge and developments, empowering companies to make knowledgeable choices that optimize their stock administration and maximize returns on secondary market gross sales. This software leverages B-Inventory’s latest public sale knowledge to assist companies uncover the worth of their surplus stock.
The Restoration Insights Instrument permits sellers to precisely decide:
Restoration Charges: The typical restoration charge prime sellers in your class are receiving for his or her items throughout quite a lot of circumstances
Cycle Occasions: How shortly these sellers are capable of clear extra stock from their services
Purchaser Base: What number of energetic, certified patrons are working in your space
With billions of {dollars} of resale transaction historical past, B-Inventory’s B2B recommerce platform offers prospects with the info and intelligence to know how one can promote their stock, the place to promote it, and at what worth. B-Inventory’s platform combines a world community of vetted enterprise patrons, a set of streamlined resale options and channels, and data-backed insights to assist sellers effectively handle their surplus stock, scale back holding prices, and safe aggressive costs for his or her returned and extra stock. Trade leaders, together with seven of the highest 10 U.S. retailers, leverage B-Inventory’s options to maximise their restoration on secondary-market merchandise throughout all classes, circumstances, and portions.
Uncover how a lot your surplus stock is value.
Discover Our Restoration Insights Instrument Now
