ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Blue Yonder, Through Its Subsidiary Doddle, Acquires 100% Ownership of Inmar Post-Purchase Solutions

Blue Yonder, the world leader in digital supply chain transformation, announced today that – through its subsidiary Doddle Inc. – it has acquired Inmar Post-Purchase Solutions (IPPS), a joint venture between Doddle, a part of Blue Yonder, and Inmar, Inc. Blue Yonder, through its subsidiary Doddle, has now purchased the remaining 51% of IPPS, adding to the 49% that Doddle previously owned as of March 2022.

Renamed Blue Yonder Reverse Retail Operations LLC, the entity will continue to support FedEx Easy Returns, which offers FedEx customers access to a low-cost, package- and label-free returns solution. FedEx Easy Returns is currently available at approximately 3,000 drop-off locations in the trusted returns network of FedEx Office and Kohl’s stores across the U.S., with plans for swift growth.

The service offered by Blue Yonder Reverse Retail Operations LLC is powered by the Blue Yonder Returns Management solution, which allows consumers to return their items without needing to print labels or have packaging, enhancing the overall convenience of the returns experience. The solution also helps streamline the returns process for retailers. Returns will be routed through a reverse logistics facility for optimal recovery, helping retailers ensure the accuracy and speed of the return, as well as potentially reducing waste.

“According to our Consumer Retail Returns Survey, consumers are more likely to use third-party returns services if they have convenient drop-off locations (60%) and offer faster refund processing (47%), so efficient returns are absolutely critical for improving consumer experiences while optimizing costs for retailers,” said Duncan Angove, CEO, Blue Yonder. “The volume of consumer returns is growing exponentially, but the disparate elements of the reverse logistics process make it hard to keep up. Through the acquisition, we will continue making returns convenient and hassle-free for retailers and consumers.”

The Blue Yonder Returns Management solution provides retailers, consumers and logistics service providers with the following benefits:

  • Superior visibility: Retailers can track their returns across the end-to-end reverse supply chain, enabling them to make smarter inventory decisions.
  • Reduced costs: Rather than shipping individually returned items from each consumer, returns are merged together and returned in bulk, minimizing logistics costs.
  • Improved consumer experience: Thanks to a returns network with thousands of drop-off locations, consumers have more convenience, and with a more connected returns process, they also gain visibility into the return and speed for their refund.
  • Enhanced sustainability: Since returned items are consolidated and shipped together, this minimizes packaging and reduces empty truck miles, helping to improve waste and carbon emissions, respectively.
  • Improved cycle time: By improving the speed at which a return moves from drop-off, through sorting, back to sellable stock, retailers improve item availability and speed up inventory turns.

“The physical movement of returned items is a major supply chain challenge, yet drop-off locations, transport services, downstream processing tasks, and SKU ownership remain siloed,” said Tim Robinson, corporate vice president, Returns, Blue Yonder. “With Blue Yonder Returns Management, retailers can optimize their returns process, enhancing speed, sustainability and cost effectiveness while simplifying the returns process for consumers.”

About Blue Yonder

Blue Yonder is the world leader in end-to-end digital supply chain transformation. With a unified, AI-driven platform and multi-tier network, Blue Yonder empowers businesses to operate sustainably, scale profitably, and delight their customers — all at machine speed. A pioneer in applying AI solutions to the most complicated supply chain challenges, Blue Yonder’s modern innovations and unmatched industry expertise help more than 3,000 retailers, manufacturers, and logistics service providers confidently navigate supply chain complexity and disruption. blueyonder.com

“Blue Yonder” is a trademark or registered trademark of Blue Yonder Group, Inc. Any trade, product or service name referenced in this document using the name “Blue Yonder” is a trademark and/or property of Blue Yonder Group, Inc. All other company and product names may be trademarks, registered trademarks or service marks of the companies with which they are associated.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.