Inmar Supply Chain President, Steve Dollase, joined industry leaders in a panel discussion of the growth of secondary markets in the changing retail economy on May 4 at the 2015 WERC Annual Conference in Orlando, sponsored by the Warehousing Education and Research Council. Dollase also served as one of the conference’s supply chain Pros to Know, and was available to conference attendees for engagement on the pressing supply chain issues of the day.
The panel’s discussion topic, “Understanding the Secondary Market” explored how the secondary market has become a significant portion of domestic economic activity in the US, allowing recovery and resale of excess inventory, returns, refurbished product or other assets. The session illustrated both the magnitude and value of the U.S. secondary market.
“Secondary markets are an outstanding means of retaining value on returned product and provide a valuable resource for keeping viable product out of landfills,” says Dollase. “In this evolving landscape of increasingly competitive returns policies and the added dynamic of online sales, secondary markets are increasingly valuable.”
Inmar connects secondary market merchandisers to thousands of truckloads of product each year via its returns management programs with major retailers, through direct sales to buyers and through Inmar Remarketplace.com, a leading auction site providing secondary market buyers access to quality product.
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