Optoro offers end-to-end reverse logistics solution that helps retailers process, manage, and sell returned and excess inventory. Optoro’s software tracks every item to help retailers make better business decisions. Real-time, robust reporting ensures full visibility on product performance, inventory management, sales efficiency, and other metrics to help optimize inventory planning, warehouse design, and other business functions. Optoro’s software platform helps retailers optimize the management of returned and excess inventory in a more efficient and cost-effective way, maximizing recovery value, enabling consumers to get great deals, and reducing environmental waste.
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Optoro’s returns optimization platform uses machine learning and predictive analytics to route returned and excess inventory to the next best home, reducing financial, operational, and environmental waste.The company increased profitability through predictive machine learning which routes inventory to the highest value channel every time. The company provides real-time visibility and control to optimize decisions and reduce waste.