Newmine

Newmine provides retailers and consumer brands with the opportunity to think differently about returns. While most solution providers focus on easing the returns process, we offer an alternative. Decipher the reasons for those returns in time to take corrective action and prevent them from happening in the first place. With AI, natural language processing and prescriptive analytics, retailers reduce product returns and create a sustainable and more efficient business for their customers, the environment, and the bottom line. CEOs have to think differently. CEOs need to quit focusing on just top line sales and look at the middle of the P&L. Returns are a big portion there. Mike Relich, co-CEO PACSUN Returns are the most expensive and time-consuming element of the life cycle of a product. If youre interested in profitability, returns reduction needs to be a top priority. Chrissy Ginieczki, COO Title Nine What weve learned is that close to 70% of consumer returns are driven by f...