Retailers Waste Too Much Time Manually Processing Returned Items: Study

News

HomeHome / News / Retailers Waste Too Much Time Manually Processing Returned Items: Study

Nov 23, 2023

Retailers Waste Too Much Time Manually Processing Returned Items: Study

One-third (32%) of retailers state they spend too much time manually processing

One-third (32%) of retailers state they spend too much time manually processing returned items with 26% blaming a lack of staff for processing returns as a main cause, according to a new study by SML RFID.

One-third (32%) of retailers state they spend too much time manually processing returned items with 26% blaming a lack of staff for processing returns as a main cause, according to a new study by SML RFID.

"The findings highlight the growing issue of returns, and retailers clearly recognize that changes need to be made. Item-level RFID can play a pivotal role in alleviating the slow returns process on an operational level and manually processing returns," says Dean Frew, chief technology officer and SVP of RFID solutions at SML Group. "By investing in Item-level RFID technology, retailers can have instant visibility and access to reverse supply chains, enabling them to streamline back-end operations and send items back to the shop floor much quicker. It also significantly reduces time spent on manual inventory-related tasks enabling staff to aid customers and improve their experience. Investing in technology and processes that enable improved customer experience should be a top priority in an increasingly competitive landscape."

From SML RFID: