The Growth of Hyper-Local Returns
Traditionally, reverse logistics networks are centralized and reliant on regional distribution centers. Products often travel many miles from consumers back to processing hubs, tying up inventory, increasing costs, and adding to emissions. However, like consumers’ desire for faster deliveries, consumers also want quicker returns processing. As such, we are seeing the rise of hyper-local returns, a model that brings return processing closer to the consumer through drop-off points, micro-fulfillment centers, and retail partnerships. What does this mean for retailers? Tony Sciarrotta explains more in this week’s Thursday’s Tip.
Sincerely,
Amanda Armendariz, Editor
PARCEL Media
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