Reverse Logistics
One of the key successes of any business is the ability to productively manage product returns. Product returns are a fact of life for most companies. On the surface it would appear that most companies could handle product returns efficiently. Unfortunately as company's ramp up their focus on sales and shipments, the sheer volume of returns and the disposal options can overwhelm them making it impossible to handle this efficiently. The use of efficient and quality return processes can reduce expense and add dollars directly to a company's bottom line. The handling of product returns can be much more costly and resource draining than it would appear at first glance. Processing returns diverts resources away from any company's primary goal of selling their product. As we all realize the main focus of any company is based on the marketing, sales and customer satisfaction. With this in mind, using valuable resources to process returns can be a drain directly to bottom line profits.
Companies find themselves accumulating large quantities of un-salable products in a variety of forms. These products can represent millions of dollars in carry costs for a company.
The nature of returns is that they are generally received with damaged or no original packaging, mixed with other items, in all sizes and shapes. From a distribution standpoint this makes the processing of returns much harder than the receipt of new products which are sorted, boxed, palletized in a uniform manor. Often the items do not have SKU or UPC information, which adds even more to the pain by requiring manual research for identification. All of these roadblocks are why many companies simply "find a space in the warehouse" to set it, collecting dust until it can be addressed.
InserTec can focus its efforts on resolving these stagnant dollars for you. We can repackage, return, liquidate and otherwise dispose of these products to reclaim part if not all of the value that these products represent. Most importantly we can free up money to be infused back into the company allowing for cash flow to be used on more productive products.
By using InserTec for your product returns you can:
- Improve operating efficiencies.
- Reduce carrying costs.
- Leverage poorly used warehouse space. Improve cash flow by improved levels of service on processing returns.
- Improve freight expense through consolidation of returns.
- Reclaim lost dollars for un-salable products.
- Simply negotiate product return privileges with your vendors at the time of purchase and simply let us do the work for you.