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Kandungan disediakan oleh Harshida Acharya, Fulfillment IQ, Ninaad Acharya, and Dan Coll. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Harshida Acharya, Fulfillment IQ, Ninaad Acharya, and Dan Coll atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
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Tech-Driven Returns: Optoro's Amena Ali on Optimizing Reverse Logistics

42:54
 
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Manage episode 440228073 series 3376229
Kandungan disediakan oleh Harshida Acharya, Fulfillment IQ, Ninaad Acharya, and Dan Coll. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Harshida Acharya, Fulfillment IQ, Ninaad Acharya, and Dan Coll atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

ABOUT THE GUEST

Amena Ali is the CEO of Optoro, a leader in reverse logistics technology. With a career that spans over 25 years, she has held pivotal roles in companies like MCI, Bain & Company, and several software firms. At Optoro, Amena leads the charge in tackling the multi-billion-dollar returns problem, working with major retailers such as Gap and Best Buy. Her expertise in product marketing, finance, and business development makes her a thought leader in logistics innovation, helping retailers and brands optimize their return management systems for better customer experiences and sustainability.

HIGHLIGHTS

[00:01:30] – Growing returns problem and its environmental impact.

[00:02:30] – The surge in return rates since the pandemic and the need for retailers to adapt.

[00:04:00] – Amena's career journey.

[00:08:47] – Returns Management System (RMS).

[00:14:58] – The "art and science of dispositioning".

[00:27:30] – The role of AI, robotics, and data science in reducing return processing costs.

[00:36:30] – Addressing fraud and authenticity with data capture and blockchain technology.

QUOTES:

[00:01:31] – "The trends are pretty stark since the pandemic. Returns are up 3.5x, with rates as high as 30% for some goods. It’s a monumental problem that’s not going away." – Amena Ali

[00:02:30] – "We need to come up with a win-win-win solution: a win for shoppers, retailers, and the environment." – Amena Ali

[00:06:09] – "Work-life balance isn’t the goal anymore; it’s about finding a sustainable work-life integration." – Amena Ali

[00:14:58] – "Returns are two to three times more labor-intensive than forward logistics. The longer it takes to process, the more you lose in recovery." – Amena Ali

[00:36:37] – "You need data to spot who’s a trustworthy shopper and who isn’t." – Amena Ali

FIND MORE ABOUT THE GUEST:

Website: Optoro

LinkedIn: Amena Ali

White Paper: WMS vs RMS: A Guide to Return Management

  continue reading

96 episod

Artwork
iconKongsi
 
Manage episode 440228073 series 3376229
Kandungan disediakan oleh Harshida Acharya, Fulfillment IQ, Ninaad Acharya, and Dan Coll. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Harshida Acharya, Fulfillment IQ, Ninaad Acharya, and Dan Coll atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

ABOUT THE GUEST

Amena Ali is the CEO of Optoro, a leader in reverse logistics technology. With a career that spans over 25 years, she has held pivotal roles in companies like MCI, Bain & Company, and several software firms. At Optoro, Amena leads the charge in tackling the multi-billion-dollar returns problem, working with major retailers such as Gap and Best Buy. Her expertise in product marketing, finance, and business development makes her a thought leader in logistics innovation, helping retailers and brands optimize their return management systems for better customer experiences and sustainability.

HIGHLIGHTS

[00:01:30] – Growing returns problem and its environmental impact.

[00:02:30] – The surge in return rates since the pandemic and the need for retailers to adapt.

[00:04:00] – Amena's career journey.

[00:08:47] – Returns Management System (RMS).

[00:14:58] – The "art and science of dispositioning".

[00:27:30] – The role of AI, robotics, and data science in reducing return processing costs.

[00:36:30] – Addressing fraud and authenticity with data capture and blockchain technology.

QUOTES:

[00:01:31] – "The trends are pretty stark since the pandemic. Returns are up 3.5x, with rates as high as 30% for some goods. It’s a monumental problem that’s not going away." – Amena Ali

[00:02:30] – "We need to come up with a win-win-win solution: a win for shoppers, retailers, and the environment." – Amena Ali

[00:06:09] – "Work-life balance isn’t the goal anymore; it’s about finding a sustainable work-life integration." – Amena Ali

[00:14:58] – "Returns are two to three times more labor-intensive than forward logistics. The longer it takes to process, the more you lose in recovery." – Amena Ali

[00:36:37] – "You need data to spot who’s a trustworthy shopper and who isn’t." – Amena Ali

FIND MORE ABOUT THE GUEST:

Website: Optoro

LinkedIn: Amena Ali

White Paper: WMS vs RMS: A Guide to Return Management

  continue reading

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