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Supply Chain Brain

Why Retailers are Pushing Overstock Inventory into the Secondary Market

November 2, 2022

Retailers have invested heavily in predictive analytics to drive accurate purchasing. Yet they still have significant overstock problems because even the most sophisticated models can’t predict variable impacts like COVID-19 and drastic shifts in consumer demand resulting from supply chain delays, inflation, and high interest rates.

In 2021, fueled by the convenience of online shopping, governmental stimulus checks, and more time at home, consumers stocked up on electronics and home goods. They even updated their wardrobes as the world reopened. Retailers were hopeful the spending sprees would continue; however…

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About goTRG

goTRG is a leading reverse logistics company that specializes in solving returns. goTRG's connected suite of returns management SaaS, reverse supply chain, and ReCommerce services, under one roof, delivers a true end-to-end solution for returns from initiation through resale. goTRG works with retailers, eCommerce brands, and vendors, to deliver the smartest choices for every touch movement and pricing decision, while also preventing items from unnecessarily ending up in landfills.

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