Handling Returns in the Retail Industry.
Technology has now brought the world to your fingertips. Consumers no longer need to shop out in the real world. They can do it from their bedroom itself at any time of the day from anywhere in the world. As the online shopping habits of consumers rapidly take hold, sellers realize that there are no more offseasons. Sellers do not get a break after one holiday season as the next approaches soon enough. The gap between these seasons rapidly reduces as these seasons become more and more frequent. That nevertheless increases sales.
But now many sellers provide their buyers with easy ways of returning their purchases if they want to. The major causes for returns are wrong sizes and styles. Even then some retailers also let consumers purchase several items, try on and return what doesn’t fit. Online purchases are rapidly increasing, and buyers are given many more options than was initially. Now sellers have to facilitate for these returns as well in their supply chain.
This can be somewhat difficult to handle. That is because these returns need to be checked as to if they can be resold or not. If yes, the items should be quickly put back in the inventory as in most industries sales prices depreciate rapidly. In many cases, though the opposite happens. These returns cannot be resold due to damages, defective packaging and so on.
All these require a proper system to be in place to handle these activities on time. As with any industry, time is money, and any delay can result in lost money. That is why a Supply Chain Management Software is needed. Supply Chain Management Software has specifically been designed to help ease functions within this department in your organization. Even then, it can integrate with the rest of the systems within the organization for added versatility. Interested in finding out more about Supply Chain Management Software? Harrington Group International’s specialized help is just a phone call away. Call now to find out more.