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Even with a continuing global pandemic, 2021 turned out to be an excellent year for many retailers. The National Retail Foundation reports that holiday sales hit a record $886.7 billion in 2021, a 14.1% jump from the prior year.

Despite rising inflation, labor shortages, supply chain issues, and the new omicron variant, consumers continued to spend money at record rates and businesses delivered. But many consumers are also returning items post-holiday, which poses challenges for many businesses. When approached correctly, here is how holiday returns can actually benefit your supply chain and business.

Without sound reverse logistics management, your business might be harboring hidden costs and many uncertainties that threaten long-term success. Every business has to deal with returns. But treating them as an afterthought is not the best approach. Here is what you need to know about the high cost of reverse logistics and how your business can better maximize its results.

Today’s businesses face unprecedented challenges. In addition to meeting the rising demands of consumers, the specialized requirements of complex products, and a lingering public health crisis, there are ongoing strains placed on the supply chain. To respond to these challenges, companies are looking for ways to leverage various solutions along the supply chain to drive automation, collect data, reduce costs, and create efficiencies.

Warehouses are busy environments and seem only to be getting busier. With the growth of eCommerce and shrinking lead times, there’s more pressure than ever to move products quickly, maintain transparency in the supply chain, and elevate the customer experience.