Tech-Driven Returns: Optoro's Amena Ali on Optimizing Reverse Logistics

eCom Logistics Podcast

Content provided by Harshida Acharya, Fulfillment IQ, Ninaad Acharya, and Dan Coll. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Harshida Acharya, Fulfillment IQ, Ninaad Acharya, and Dan Coll or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

9M ago 42:54

MP3•Episode home

ABOUT THE GUEST

Amena Ali is the CEO of Optoro, a leader in reverse logistics technology. With a career that spans over 25 years, she has held pivotal roles in companies like MCI, Bain & Company, and several software firms. At Optoro, Amena leads the charge in tackling the multi-billion-dollar returns problem, working with major retailers such as Gap and Best Buy. Her expertise in product marketing, finance, and business development makes her a thought leader in logistics innovation, helping retailers and brands optimize their return management systems for better customer experiences and sustainability.

HIGHLIGHTS

[00:01:30] – Growing returns problem and its environmental impact.

[00:02:30] – The surge in return rates since the pandemic and the need for retailers to adapt.

[00:04:00] – Amena's career journey.

[00:08:47] – Returns Management System (RMS).

[00:14:58] – The "art and science of dispositioning".

[00:27:30] – The role of AI, robotics, and data science in reducing return processing costs.

[00:36:30] – Addressing fraud and authenticity with data capture and blockchain technology.

QUOTES:

[00:01:31] – "The trends are pretty stark since the pandemic. Returns are up 3.5x, with rates as high as 30% for some goods. It’s a monumental problem that’s not going away." – Amena Ali

[00:02:30] – "We need to come up with a win-win-win solution: a win for shoppers, retailers, and the environment." – Amena Ali

[00:06:09] – "Work-life balance isn’t the goal anymore; it’s about finding a sustainable work-life integration." – Amena Ali

[00:14:58] – "Returns are two to three times more labor-intensive than forward logistics. The longer it takes to process, the more you lose in recovery." – Amena Ali

[00:36:37] – "You need data to spot who’s a trustworthy shopper and who isn’t." – Amena Ali

FIND MORE ABOUT THE GUEST:

Website: Optoro

LinkedIn: Amena Ali

White Paper: WMS vs RMS: A Guide to Return Management

Subscribe and Keep Learning!

If you’re a logistics leader looking to scale sustainably, don’t miss out! Subscribe for more expert strategies on tackling modern supply chain challenges.

Be sure to follow and tag the eCom Logistics Podcast on LinkedIn and YouTube

107 episodes

#Tech #Business #Harshida Acharya #Dan Coll #Ninaad Acharya #Supply Chain #Logistics #Technology #ECommerce #Fulfillment #3pl #Podcasting Education #Fulfillment IQ #Ecommerce Fulfillment #Retail #Logistics News