Nearly 40% of returns get liquidated, tossed away or donated on an average year, which adds up to 5 billion pounds of waste worldwide. When factoring in the Coronavirus disease (COVID-19)-fueled returns, which doubled in 2020, $428 billion worth of merchandise costs retailers about one-third of their annual revenue and wreaks environmental havoc in the form of product waste, packaging waste and transportation emissions.
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ReturnPro is a leading reverse logistics company that specializes in solving returns. ReturnPro’s connected suite of returns management SaaS, reverse supply chain, and ReCommerce services, under one roof, delivers a true end-to-end solution for returns from initiation through resale. ReturnPro works with retailers, eCommerce brands, and vendors, to deliver the smartest choices for every touch movement and pricing decision, while also preventing items from unnecessarily ending up in landfills.
Fara Alexander
falexander@returnpro.com
