Good Morning #Canada
Prior to #Retirement, my last decade in business was spent in #ReverseLogistics managing major retail and manufacturer clients. Reverse logistics is the process of managing customer returns with the objective of recapturing value or ensure proper disposal. It covers activities like processing, restocking where possible, repairs, recycling, refurbishing, and resale. This company in Mississauga is relatively small in comparison to a Costco or Walmart reverse logistics warehouse but it provides a glimpse at a little known industry that deals with $880B USD in annual returns worldwide. The industry is about to enter its busiest period as consumers will return over 10% of Christmas purchases, close to 30% for clothing. In the 1st 3 months of 2026 some remarketing B2B auction sites (representing Costco, Walmart, Home Depot, Target, etc) will be liquidating 100+ tractor trailer loads per day, including stuff you're about to unwrap in a few days.
#CanadaIsAwesome
https://www.orilliamatters.com/ontario-news/inside-the-warehouse-poised-to-process-your-unwanted-gifts-this-holiday-11646891
Reverse logistics is a revenue opportunity, not just a cost. Smarter returns processing, resale strategies, and automation reduce waste and improve margins.
https://supplychain360.io/reverse-logistics-strategies-to-reduce-costs-and-maximize-value/
Great vid on "free" returns
https://www.youtube.com/watch?v=WG8idKaX9KI
(oh and, manually attaching thumbnail pic bc link/card previews are broken between YT and Masto, YAY!!)
#Amazon #Returns #FreeReturns #ClimateChange #eWaste #OverProduction #Waste #Consumerism #ReverseLogistics #Logistics #Shipping #Recycling #ResourceDepletion #FossilFuels #Plastic #Bezos
I'm a bit of a subject matter expert on the #SecondaryMarket as the last 20 years of my career was spent in #ReverseLogistics and building remarketing channels. From 2012 to 2021, I was in business development for the largest B2B marketplace for "risk inventory," which included customer returns, excess and discontinued inventory, and trade-ins. That marketplace sold 100 full trailers every day of returns and excess inventory and had about a 10% share of the market.
https://finance.yahoo.com/news/secondhand-apparel-market-usa-canada-131700898.html
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