Let's Talk Supply Chain

497: Transform Your Returns Management and Delight Customers, with Blue Yonder


Listen Later

Tim Robinson of Blue Yonder talks about returns: the challenges & potential, role of AI, inventory management, tariffs, & the importance of customer experience.

IN THIS EPISODE WE DISCUSS:

[03.42] Tim's career; how he founded his business, Doddle, and the story behind the name; and how that journey led him to Blue Yonder.

"It's quite rare that you isolate and identify supply chain as your chosen goal in life, but I fell into it and have loved it ever since."

[06.34] The current returns landscape, and what Blue Yonder's recent survey revealed about consumer-brand relationships, and how retailers approach returns.

"Free and easy access returns, or buy as many as you like and return as many as you like – that philosophy has been one of the major drivers behind the success of ecommerce. How do you create the convenience and the relevance of physical shopping, where I can see a product, touch it, try it on?"

[12.10] How tariffs and market turbulence are putting pressure on businesses, squeezing margins; and the importance of customer experience.

"This is ultimately an age of uncertainty, if you're in a business that involves crossing borders for any reason. Whilst the challenge around tariffs may have emanated in one part of the world, the reality is that the ripple effect means the whole landscape is re-setting itself – it's a global phenomena now."

"The majority of consumers consider a poor return policy as a bad experience, whether they want to return or not. They may love the product, but now they have a poor sentiment of you and your brand... And if a bad policy is a bad experience, you've lost a customer. "

[20.46] Changing customer expectations and shopping habits, and the challenge of inventory management.

"The pace of ever-changing demands is at the heart of everything."

[25.59] The role AI and machine learning can have in overcoming returns and inventory management challenges; and the importance of transparency in consumer communication.

"You have complex inventory allocation decisions being made at the time a consumer hits the return button... We're able to orchestrate, influence consumer behavior, and make allocation and replenishment decisions in real-time."

"If we want to change consumer behavior, want them to think more carefully about shopping habits and the choices they make, we should be more transparent with them."

[29.52] The problem and opportunity of returns, and the impact businesses could make by considering returns as a source of extra inventory.

[33.28] Blue Yonder's recent acquisition of Optoro, and what that means for customers as they navigate returns and inventory management.

[38.57] Why Blue Yonder is so committed to 'sustainable abundance,' and how businesses can work with them.

RESOURCES AND LINKS MENTIONED:

Head over to Blue Yonder's website now to find out more and discover how they could help you too. You can also connect with Blue Yonder and keep up to date with the latest over on LinkedIn, Instagram, YouTube, Facebook and X (Twitter), or you can connect with Tim on LinkedIn.

If you enjoyed this episode and want to hear more from Blue Yonder, check out 434: Synchronize Your Supply Chain Execution, with Blue Yonder or 417: Fulfill Your Potential, with Blue Yonder.

Check out our other podcasts HERE.

...more
View all episodesView all episodes
Download on the App Store

Let's Talk Supply ChainBy Sarah Barnes-Humphrey

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

60 ratings


More shows like Let's Talk Supply Chain

View all
Planet Money by NPR

Planet Money

30,695 Listeners

Motley Fool Money by The Motley Fool

Motley Fool Money

3,230 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,683 Listeners

The Jordan B. Peterson Podcast by Dr. Jordan B. Peterson

The Jordan B. Peterson Podcast

33,280 Listeners

The Daily by The New York Times

The Daily

112,881 Listeners

Up First from NPR by NPR

Up First from NPR

56,564 Listeners

Leaders in Supply Chain and Logistics Podcast by Alcott Global

Leaders in Supply Chain and Logistics Podcast

26 Listeners

Supply Chain Now by Supply Chain Now

Supply Chain Now

116 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

2,998 Listeners

Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

Think Fast Talk Smart: Communication Techniques

806 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,565 Listeners

Morning Wire by The Daily Wire

Morning Wire

26,645 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,079 Listeners

The Future of Supply Chain by SAP SE

The Future of Supply Chain

3 Listeners

The Jefferson Fisher Podcast by Civility Media

The Jefferson Fisher Podcast

8,405 Listeners