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Home Market Research Stock Market

Data To Tackle Excess Inventory Challenges: Discover B-Stock’s Recovery Insights Tool 

by TheAdviserMagazine
7 months ago
in Stock Market
Reading Time: 2 mins read
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Data To Tackle Excess Inventory Challenges: Discover B-Stock’s Recovery Insights Tool 
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With a projected annual return rate of 16.9%, 2024 saw a staggering all-time high of $890 billion worth of merchandise returned to retailers. While a natural byproduct of retail, this merchandise places immense pressure and additional costs on retailers and distribution networks not optimized for the efficient reverse flow of goods. For items that can’t be restocked on primary shelves due to processing costs, visible wear, or obsolescence, employing the right secondary market solutions to optimize what happens to these goods and moving them out of warehouses is paramount. 

In 2024, B-Stock facilitated over 268,000 transactions. This resulted in more than 140 million units sold on its recommerce platform in categories like apparel, appliances, home & garden, consumer electronics, and more. In fact, over one million tons of inventory, ranging from salvage to like-new condition, was given a “second life.”  

B-Stock enables brands, retailers, and OEMs to maximize performance, control, and visibility of their inventory while offering a technology-driven replacement for traditional resale methods. Using its extensive resale data and cutting-edge technology, B-Stock is offering businesses the opportunity to discover the value of returned and overstock inventory.

Calculate Your Inventory’s Worth

B-Stock’s Recovery Insights Tool

To help sellers understand and unlock the value of excess inventory, the recommerce experts at B-Stock have introduced a free Recovery Insights Tool. This data-driven tool leverages B-Stock’s extensive 15-year dataset of secondary market data and trends, empowering businesses to make informed decisions that optimize their inventory management and maximize returns on secondary market sales. This tool leverages B-Stock’s recent auction data to help businesses discover the value of their surplus inventory. 

The Recovery Insights Tool allows sellers to accurately determine:

Recovery Rates: The average recovery rate top sellers in your category are receiving for their goods across a variety of conditions
Cycle Times: How quickly these sellers are able to clear excess inventory from their facilities
Buyer Base: How many active, qualified buyers are operating in your area

With billions of dollars of resale transaction history, B-Stock’s B2B recommerce platform provides customers with the data and intelligence to know how to sell their inventory, where to sell it, and at what price. B-Stock’s platform combines a global network of vetted business buyers, a suite of streamlined resale solutions and channels, and data-backed insights to help sellers efficiently manage their surplus inventory, reduce holding costs, and secure competitive prices for their returned and excess inventory. Industry leaders, including seven of the top 10 U.S. retailers, leverage B-Stock’s solutions to maximize their recovery on secondary-market merchandise across all categories, conditions, and quantities. 

Discover how much your surplus inventory is worth.

Explore Our Recovery Insights Tool Now



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Tags: BStockschallengesdataDiscoverexcessInsightsinventoryRecoverytackletool
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