FedEx Supply Chain has announced the launch of FedEx Fulfillment, a service designed to meet the shipping needs of small- and medium-sized enterprises (SMEs), and to challenge to Amazon's dominance of the e-commerce sector, the company says. FedEx Fulfillment delivers orders across multiple channels, including websites and online marketplaces, and manages inventory for participating retailers.
Retailers prepare for months for the all-important holiday season. According to the National Retail Federation (NRF), the holiday season can account for as much as 30 percent of an individual retailer's total sales. The NRF also notes that the holiday returns process accounts for about 24 percent of returns for the entire year.
When it comes to e-commerce, one thing is certain: it brings incredibly high return rates. As billions of dollars of apparel purchases shift from physical stores to the internet, there is an imminent need for e-retailers to figure out how to handle the spike in returned merchandise.
The latest news, analysis, services and systems regarding reverse logistics and its impact on global supply chains. Today’s companies are refurbishing and recycling more goods and managing more product returns than ever before thanks, in part, to the boom in e-commerce. New technologies for reverse fulfillment are transforming the way companies provide customer support - and allowing them to stay ahead of the competition in their industries. As these services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using reverse logistics solutions to power their supply chains.
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