I: Amazon starts charging for some UPS store returns
THE INFORMATION reports: Amazon has started charging fees to make some returns at UPS Stores, marking ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
The scale of returns logistics in e-commerce is simply staggering, according to this article in Supply & Demand Chain Executive. Some $550bn worth of goods each year are returned to e-commerce retailers around the world, costing their supply chains an estimated $50bn. And it’s a trend that has worsened since the prevalence of social media platforms encouraging consumer “impulse buying” – some 63% of impulse buys are returned. But supply chains are expected to adapt: “In the coming years it is expected that there will be centralised warehouse centres dedicated to reverse logistics operations. Employees can be dedicated solely to returns, delivering benefits to companies.”
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