The modern eCommerce landscape has drastically impacted overstock levels for retailers worldwide, with much of the excess coming from online returns.
For example, in 2022 alone, US consumers returned $816 billion in merchandise. Couple such figures with today’s persistent supply chain slowdowns and other difficulties, and retailers now face a perfect storm.
Download our whitepaper to see why updating your approach to inventory reduction will be critical to your business, and the types of solutions you’ll need to explore to relieve the pressure of mounting unsold inventory while increasing recovery. In this piece, you'll discover:
- The ‘cost of doing nothing’ with your unsold inventory
- How optimizing liquidation practices improves your bottom line
- Your best options for not only clearing out but monetizing your unsold stock