Retailers Could Have an $82.1B Returns Problem on Their Hands – Footwear News
Logistics tech firm Optoro said the cost for a returned item is about 27% of the purchase price.
Source: footwearnews.com
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Logistics tech firm Optoro said the cost for a returned item is about 27% of the purchase price.
The CBRE Supply Chain Advisory group estimates that transportation accounts for 45-70% of total logistics costs. Locating distribution facilities near seaports can help to lower transportation costs.
Businesses are transitioning from a just-in-time inventory model, says Bob Mohr of Mohr Capital.