Managing retail and e-commerce customer returns is never easy, but it becomes especially challenging during the busy holiday season. Staying on top of inventory amid a flood of returns has its issues, but the pace increases exponentially during the holidays. So retailers should get ready now!
In 2023, total returns in retail amounted to 14.5% of sales or a total of $743 billion in merchandise. RetailReworks.com was founded to offer retailers a complete end-to-end solution that streamlines every step of the process and increases profitability and sustainability. Now is the time for retailers to get ahead of things to ensure a smoother, problem-free holiday season that results in far greater cost efficiency.
RetailReworks.com brings efficiency to every part of the retail supply chain, from product returns to refurbishment and profitable end-of-life solutions that reduce environmental impact and ease the strain on landfills. They create a custom reverse logistics plan that works for all kinds of merchandise and can be scaled for businesses of all sizes.
Their custom plan optimizes each point of the returns process, saving money and improving customer satisfaction. RetailReworks.com’s’ software makes it simple to integrate the customized plan into present back-end operations. Ultimately, it can transform the returns process into a strategic and financial advantage for the business.
RetailReworks is hyper-focused on three key aspects of the retail industry: returns, re-commerce, and recycling. Their services include:
-Complete Returns Solutions: From the initial receipt and inspection process to repackaging and shipping, our software provides the retailer’s team with real-time insights at every step (including fraudulent returns). The process is customized to each business and allows for greatly reduced transportation and shipping costs.
-Refurbishment: RetailReworks.com has the infrastructure to extend the lifecycle of returned items through refurbishment, bringing them back to a resellable condition and keeping them out of landfills for much longer.
-Recycling: If their inventory includes items that are at the end of their purpose for any reason, we offer responsible, cost-effective ways for a retailer to dispose of them.
As the holiday shopping season gets underway, retailers should be prepared to make the inevitable returns process much simpler, more efficient, and more cost-effective. Retail Reworks offers returns management solutions and inventory management programs that can be tailored to the particular needs of any retailer.
Now is the time to find out what Retail Reworks can do to improve the returns process for retailers of all kinds. Whether the business is a large brick-and-mortar outfit or a smaller online reseller, their software is designed to make this part of retail simpler, more efficient, and ultimately more profitable for businesses of all sizes and kinds.
About Retail Reworks: In 2018, as the demand for online shopping increased exponentially, Retail Reworks was founded, creating an end-to-end suite of reverse logistics and returns solutions. Since then, the company has expanded to fill soft-cost holes in the retail space, implementing innovative ways to reduce costs, increase revenue, and improve the customer experience.
Contact Information:
Contact: Mike Kitko, co-founder
Address: 7941 Katy Fwy #411 Houston, TX 77024
Email: Mike@retailreworks.com
Phone: (713) 468-8287
Facebook: https://www.facebook.com/RetailReworks/
Linkedin: https://www.linkedin.com/company/retail-reworks
Instagram: https://www.instagram.com/retailreworks/
Twitter: https://twitter.com/retailreworks
Youtube: https://www.youtube.com/channel/UCtmG3bCN6BlDZZYuSAFQBVg