goTRG is excited to reveal our Returns Automated Disposition (“RAD”) application at the NRF Big Show. This app, created for in-store use, is the latest returns management tool for retailers. It simplifies and automates the life cycle of returned inventory inside the store and enables a single touch disposition, at the point of return. The app can be installed on any mobile scanning device currently being used, and offers a seamless user experience, eliminating any learning curve and low operational impact to the store. Powered by our 9040 Smart Catalog, RAD uses big data and artificial intelligence to disposition an item to its most optimal next life, contributing to the circular economy and helping recover the maximum value.
RAD removes human bias from the disposition decision making process and relies on complex algorithms and AI to make the most lucrative disposition decision for your business, taking into account the following factors:
- Pricing (historical sales, current market value, forecasting, seasonality)
- Inventory and saturation levels (inventory on hand, historical and current velocity),
- R1 ranking (physical yield, recovery, user sentiment, market strategy, velocity, return rate),
- Contract management (RTV, recycle, donate, liquidate)
Stop by goTRG booth #535 for a demo and be entered to win a variety of products from Lenovo. Demos will be held at 8am, 10am, 12pm, 2pm, and 4pm, or upon request! We look forward to seeing you!