Are You Getting the Most from Your Rx Returns Policies?

We all know how last-mile Rx returns management can impact profitability. Maximizing value is tricky, especially when returns are at high volume. Are you doing enough? Here are some key questions you need to ask yourself about your Rx returns strategies. 

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Secrets to Effective and Efficient Returns Management and Processing

Managing your own product returns and reverse supply chain can be costly and labor intensive. Consequently, this effort often comes at the expense of the forward supply chain and getting products to customers. The returns process, steeped in complexity, causes many trading partners to opt for the easiest, but not the most profitable, resolution – to simply write the returns off as a loss.

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Don’t let your liquidation program compete with your primary sales channel

Effective liquidation of overstocks and returns is critical to maximizing product lifecycle value and protecting the bottom line. And, if properly monitored and controlled, the secondary market can make a lot of money for both retailers and manufacturers while keeping product out of landfills and meeting everyone’s sustainability goals.

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Sending Returned Products to Landfills Echoes Mom’s Wrath

Remember when Mom used to chide you for throwing away things that she thought were still useful? You can hear her voice echoing in your head right now, “Don’t you DARE throw that away -- someone might want it -- it’s still perfectly useful! That’s like throwing away money! What are you thinking???”

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Holiday Returns 2020: Online Shopping, Returns Higher than Ever

Holiday shopping is always a big time for returns, but shifts in shopping habits during the COVID-19 pandemic are raising questions about what holiday returns will look like this year. Shoppers gave us some surprises on their holiday shopping and returns expectations in a recent Inmar Intelligence survey, showing significantly more people planning online gift shopping because of the pandemic.

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Four Considerations When Choosing a Reverse Logistics Provider

Managing your own product returns and reverse supply chain can be costly and labor intensive. This effort draws focus and resources away from the forward supply chain and the all-important function of getting products to your customers.

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Solving Returns Abuse Can Be Profitable And Cost-Effective

Returns abuse is sometimes a complex riddle, but it’s far from a lost cause. More often than not, there are good, common-sense answers. Inmar has been solving return management riddles for 40 years -- we’ve seen everything and we’ve built software and processing on that experience that consistently, cost-effectively brings answers to just about any situation.

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The Rising Star of the 2020 Recession: The Secondary Market

The secondary market actually grows during a recession; it’s going to grow in 2020 as the rest of the economy suffers.

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Returns are Growing and Driving Opportunities for Resellers

Returns activity in the fourth quarter of 2019 broke with past trends as overall returns volume was up significantly compared to this quarter in previous years. Past analysis has found a close parallel between retail sales growth and returns growth. However, this last year-end saw returns volume grow 7% versus a roughly 4% increase in primary channel sales.  

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