How Tech Is Easing Returns for Retailers

How Tech Is Easing Returns for Retailers

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Social Studies

University

Hard

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The video discusses the growing problem of returns in retail, especially with the rise of e-commerce. Many returned items end up in landfills, creating waste. Optoro, a company specializing in reverse logistics, offers technology to streamline the returns process, helping retailers manage returns more efficiently and reduce waste. The company works with major retailers and aims to expand globally, focusing on data to prevent returns and improve customer experience.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some potential outcomes for returned goods according to the technology used by Optoro?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the goal of Optoro in terms of waste reduction from returns?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What future growth areas does Optoro see for its technology?

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