E-commerce returns are a $500 billion problem that’s finally drawing investor interest. Here are 9 ‘reverse logistics’ startups turning heads

E-commerce returns are a $500 billion problem that’s finally drawing investor interest. Here are 9 ‘reverse logistics’ startups turning heads

Handling retail returns — especially e-commerce returns — in a way that keeps unwanted goods out of the waste cycle and able to be repurchased again quickly is a tough problem to solve. So tough that retailers often prefer to dodge the issue altogether, telling shoppers to keep unwanted items even after receiving a refund.

But the process of handling returns — known as “reverse logistics” — also presents a massive opportunity. AlixPartners estimates the value of all the refunds for stuff that actually stayed with consumers will total up to $4.4 billion across the retail industry. And Tony Sciarrota, president of the Reverse Logistics Association, says annual US returned merchandise could be valued as high as $500 billion.

With a problem that large, tech startups are certain to rush in.

Rear More at Business Insider

E-commerce returns are a $500 billion problem that’s finally drawing investor interest. Here are 9 ‘reverse logistics’ startups turning heads

Small retailers crave Amazon and Walmart’s power to avoid supply chain chaos. Logistics startups have discovered a new way to help them out.

There’s very little slowing down e-commerce these days. But port congestion and shipping delays are two things that can grind it to a halt, at least for the small sellers who have harder time getting their goods into the US in the first place.

That’s why e-commerce logistics startups targeting smaller sellers are making new moves to help.

Read More at Business Insider

ShipHero Partners with Pipe17 to Enable Seamless Multi Channel Fulfillment

ShipHero Partners with Pipe17 to Enable Seamless Multi Channel Fulfillment

NEW YORK, Jan. 27, 2022 /PRNewswire/ — ShipHero [https://shiphero.com/], the shipping and logistics provider for over 5,000 e-commerce brands and 3PLs, today announces it has entered into a strategic partnership with Pipe17 [https://pipe17.com/], a SaaS provider that makes it simple for e-commerce businesses to integrate their applications and have them work together to intelligently streamline their multi channel operations.

Starting today, ShipHero will be available to all Pipe17 customers as a new channel option for  warehouse management software (WMS). In addition, ShipHero’s SaaS clients can now take advantage of Pipe17’s growing base of e-commerce integrations and workflows to streamline their operations and more easily incorporate their Enterprise Resource Planning (ERPs) and Order and Inventory Management Systems (OIMSs).

Read more at PR Newswire

2022 eCommerce Predictions – 26 eCommerce Experts Predict The Biggest Opportunities For Your Business

2022 eCommerce Predictions – 26 eCommerce Experts Predict The Biggest Opportunities For Your Business

As we wrap up 2021, we have compiled the world’s largest collection of eCommerce experts and leaders to share their 2022 eCommerce predictions. Whilst it is impossible to truly predict what the next year will have in store, with this amount of industry expertise we are confident there is something that every eCommerce business can take away and implement in the New Year.

Read more at eSeller365