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Consumer Returns Management 2014 (past event)
October 05 - 07, 2015
Westin Galleria Dallas, Dallas, TX
1-888-482-6012
Day 2
07:00 - 08:00 Continental Breakfast & Registration In The Solutions Zone
08:00 - 08:05 Welcome Remarks
08:05 - 08:15 Chairperson's Opening Address
Maridee Maraz, Vice President, Sales & Marketing, InComm Product Control
08:15 - 08:35 Keynote
Lisa Cotter, Senior Director, Supply Chain, Best Buy
08:35 - 08:55 Partnering To Open New Resale Channels
Susan Waynelovich, Senior Manager, Warranty Management, Sony
Jackson Dealey, Director, New Business Development, Liquidity Services Inc.
Returns management has changed significantly over the past 15 years and continues to evolve as a growing focus for organizations. The size scope and growth of the secondary market has forced top consumer brands and retailers - who have historically owned in-house returns refurbishment/management - to re-evaluate the components of a best-in-class returns solution. Winning solutions take cost structure, resale channels and recovery potential into consideration, along with the program's larger impact on brand perception and "A" good sales. Mike Ehlers, a 30-year veteran of Sony Electronics will share his experiences over the past two years building returns manageent solutions that work and the company's partnership with Liquidity Services to open new resale channels while increasing recovery and simplifying the returns management process.
Jackson Dealey, Director, New Business Development, Liquidity Services Inc.
Returns management has changed significantly over the past 15 years and continues to evolve as a growing focus for organizations. The size scope and growth of the secondary market has forced top consumer brands and retailers - who have historically owned in-house returns refurbishment/management - to re-evaluate the components of a best-in-class returns solution. Winning solutions take cost structure, resale channels and recovery potential into consideration, along with the program's larger impact on brand perception and "A" good sales. Mike Ehlers, a 30-year veteran of Sony Electronics will share his experiences over the past two years building returns manageent solutions that work and the company's partnership with Liquidity Services to open new resale channels while increasing recovery and simplifying the returns management process.
08:55 - 09:25 Panel Session: Multichannel Consumer Education: Helping Consumers Make More Informed Purchases That Meet Their Expectations
Tony Sciarrotta, Former Directory of Asset Recovery, Philips Consumer Lifestyle
Dr. Annibal C. Sodero, Assistant Professor, Department of Supply Chain Management, University of Arkansas
Rubina Farooq, Director, Customer Operations, LG Electronics
Making sure that a customer has the right expectations and understands a product’s capabilities is crucial. Whether it’s an air conditioner that can only cool a certain size room or a tv that will only deliver top notch sound with a soundbar, there often seems to be an expectations gap. How do we close that? How important is the box in communicating the true capabilities of a product? Consumer education is a multichannel process, involving face-to-face interaction in a physical store, phone support and web resources – i.e., FAQs and product videos – that help consumers make more informed purchase decisions and drive down returns. Learn what strategies are being employed by industry leaders:
feedback (blogs, Facebook, Twitter) to drive better
customer service: Identifying user experience hiccups
applications to resolve customer issues with purchases
categories vs. mature product categories
that they are able to address customer concerns prior to
the sale
turn to those when experiencing difficulty, rather than returning an item out of frustration
o Online tutorials & chat
o Call center support with special attention to first-time
customer contact (priority handling)
to ensure a product will work in a customer’s home and
that it will be deliverable
Philips Consumer Lifestyles
Dr. Annibal C. Sodero, Assistant Professor, Department of Supply Chain Management, University of Arkansas
Rubina Farooq, Director, Customer Operations, LG Electronics
Making sure that a customer has the right expectations and understands a product’s capabilities is crucial. Whether it’s an air conditioner that can only cool a certain size room or a tv that will only deliver top notch sound with a soundbar, there often seems to be an expectations gap. How do we close that? How important is the box in communicating the true capabilities of a product? Consumer education is a multichannel process, involving face-to-face interaction in a physical store, phone support and web resources – i.e., FAQs and product videos – that help consumers make more informed purchase decisions and drive down returns. Learn what strategies are being employed by industry leaders:
feedback (blogs, Facebook, Twitter) to drive better
customer service: Identifying user experience hiccups
applications to resolve customer issues with purchases
categories vs. mature product categories
that they are able to address customer concerns prior to
the sale
turn to those when experiencing difficulty, rather than returning an item out of frustration
o Online tutorials & chat
o Call center support with special attention to first-time
customer contact (priority handling)
to ensure a product will work in a customer’s home and
that it will be deliverable
Tony Sciarrotta
Director of Asset RecoveryPhilips Consumer Lifestyles
09:25 - 09:45 Keynote: Improving Asset Recovery Rates And Inventory Turns While Reducing Supply Chain Management Cost
J Rollins, Chief Revenue Officer and Executive Vice President of Field Operations, Optoro
When problems are given focus, they are often reduced. But not so with customer returns. In fact, they are at an all time high and growing. Optoro is the leading provider of solutions that connect retailers and OEMs directly with consumers through an innovative use of technology and emerging best practices In this keynote presentation, J Rollins, Optoro's EVP of Field Operations, will share observations and insights on how some of the best known retailers in America are increasing the velocity in how returns, excess and obsolete inventory are sold and how recovery is optimized.
When problems are given focus, they are often reduced. But not so with customer returns. In fact, they are at an all time high and growing. Optoro is the leading provider of solutions that connect retailers and OEMs directly with consumers through an innovative use of technology and emerging best practices In this keynote presentation, J Rollins, Optoro's EVP of Field Operations, will share observations and insights on how some of the best known retailers in America are increasing the velocity in how returns, excess and obsolete inventory are sold and how recovery is optimized.
09:45 - 10:25 Morning Refreshment & Networking Break
10:25 - 11:25 Roundtables
Speakers:
Tony Sciarrotta Director of Asset Recovery Philips Consumer Lifestyles
Lee Gibson Director of Reverse Logistics Huawei Device USA
Rachel North Director, Post Sales Toshiba America Information Systems
Ed Rayeski Director, Handset & Device Support ZTE USA Inc.
Layth Hussain Director of Operations Belkin Components
Frank Martino Service Division Director Samsung Electronics Canada
Tony Sciarrotta Director of Asset Recovery Philips Consumer Lifestyles
Lee Gibson Director of Reverse Logistics Huawei Device USA
Rachel North Director, Post Sales Toshiba America Information Systems
Ed Rayeski Director, Handset & Device Support ZTE USA Inc.
Layth Hussain Director of Operations Belkin Components
Frank Martino Service Division Director Samsung Electronics Canada
Talking with your peers about how to confront shared business challenges is the most valuable part of this event. Consumer Returns 2014 has set aside seven hours across three days so OEMs, retailers and solutions providers can discuss current issues of importance. This is your opportunity to discuss ways to improve out-of-box experience, post-sales support and methods for maximizing recovery rate.
Roundtable Discussions:
Philips Consumer Lifestyles
Roundtable Discussions:
- Being Green Throughout A Product's Lifecycle: The Cradle To Grave Approach To Sustainability - Facilitated by Layth Hussain, Director, Operations, Americas, Belkin
- Tracking Serial Returners: Retailer experiences & The Growing Consumer Backlash - Facilitated by Sue Martin, Vice President, Customer Service, Newegg Inc. and Kunal Thakkar, Senior Vice President, North American Operations, Newegg Inc.
- How Do We Change Consumer Behavior Around Returns? - Facilitated by Frank Martino, Director, Service Division, Samsung Electronics Canada
- Online Consumer Education - Facilitated by Rubina Farooq, Director, Customer Operations, LG Electronics
- Leveraging Remote Access And Support Technologies As A Returns Avoidance Strategy - Facilitated by Lee Gibson, Director, Reverse Logistics, Huawei Device USA
- Creating Organizational Structures That Enable Quality Follow Through: Applying A Fix To One Product And Making It Applicable To Multiple Product Lines - Facilitated by Ed Rayeski, Director, Handset & Device Support, ZTE USA, Inc.
- Confronting Warranty/Service Fraud - Facilitated by Rachel North, Director, Post Sales, Toshiba America Electronic Components
- Applying The Net Promoter Operating Model To Your Business: Building Loyalty To Your Brand - Facilitated by Tony Sciarrotta, Former Director of Asset Recovery, Philips Consumer Lifestyle
- Customer Experience Management: Building A Strategy That Encompasses All Touch Points From Call Centers To Social CRM Channels - Facilitated by Tony Popson, Director, Customer Care and Quality, Nokia
Tony Sciarrotta
Director of Asset RecoveryPhilips Consumer Lifestyles
11:25 - 11:45 Understanding And Leveraging Pricing & Demand Trends In The Secondary Market
Howard Rosenberg, CEO, B-Stock Solutions, Inc.
Understanding pricing and demand trends in the secondary market can turn liquidation into a strategic weapon for your company’s primary business. In this session we will take an in-depth look at category recovery and demand data and talk about why it matters.
Understanding pricing and demand trends in the secondary market can turn liquidation into a strategic weapon for your company’s primary business. In this session we will take an in-depth look at category recovery and demand data and talk about why it matters.
11:45 - 12:15 Panel Session: Global Reverse Logistics: Identifying Appropriate Partners & Processes
Kunal Thakkar, Senior Vice President, North American Operations, Newegg Inc.
Amedio Palmieri, Executive Director, Western Manufacturing Operations, Lenovo
Chuck Johnston, Director of Repairs and Returns, The Home Depot
Dale Bailey, Service Partner Operations Manager, T-Mobile
If you’re selling into emerging markets, how are you approaching reverse logistics in those markets? You have the option of having carriers consolidate and ship product back, the option of holding the product there for testing and selling recertified items in that country. Given the supply chain costs associated with bringing product back, the economics of returns surely change. This panel discussion answers key questions around global reverse logistics. Who do you utilize as partners? And at what point will you want your own physical presence there?
Amedio Palmieri, Executive Director, Western Manufacturing Operations, Lenovo
Chuck Johnston, Director of Repairs and Returns, The Home Depot
Dale Bailey, Service Partner Operations Manager, T-Mobile
If you’re selling into emerging markets, how are you approaching reverse logistics in those markets? You have the option of having carriers consolidate and ship product back, the option of holding the product there for testing and selling recertified items in that country. Given the supply chain costs associated with bringing product back, the economics of returns surely change. This panel discussion answers key questions around global reverse logistics. Who do you utilize as partners? And at what point will you want your own physical presence there?
12:15 - 12:45 Panel Session: The Omnichannel Returns Challenge: Driving Seamless Integration Of The Online And Store Network
Speakers:
Annibal Sodero Professor University of Arkansas
Jeremy McClain Senior Director Reverse Flows and Supply Chain Inventory Management Best Buy
Chuck Johnston Director Rlc Home Depot
Maridee Maraz Vice President, Sales & Marketing InComm Product Control
Kristin Secreto Vice President & General Manager InComm Product Control
Annibal Sodero Professor University of Arkansas
Jeremy McClain Senior Director Reverse Flows and Supply Chain Inventory Management Best Buy
Chuck Johnston Director Rlc Home Depot
Maridee Maraz Vice President, Sales & Marketing InComm Product Control
Kristin Secreto Vice President & General Manager InComm Product Control
Chuck Johnston, Director of Repair and Returns, The Home Depot
Dr. Annibal C. Sodero, Assistant Professor, Department of Supply Chain Management, University of Arkansas
Jeremy L. McClain, Senior Director, Reverse Flows and Supply Chain Inventory, Best Buy
Kristin Secreto, Vice President & General Manager, InComm Product Control
Omnichannel is an evolution of multichannel retailing. It is focused on a seamless customer experience across all channels - dotcom, brick and mortar, mobile, call center, etc.- in all transactions and interactions with a retail brand. Customers want a seamless shopping and return
experience. Nothing annoys them more than buying an item online and being restricted or challenged in returning an item to a physical store. In this sense, mastery of omnichannel will be key to retaining customers. There are a multitude of challenges these integrated experiences
bring to retailers and suppliers alike in the areas of inventory assortment and management, order fulfillment, policy management, promotions strategy management, and more. This panel discusses:
Dr. Annibal C. Sodero, Assistant Professor, Department of Supply Chain Management, University of Arkansas
Jeremy L. McClain, Senior Director, Reverse Flows and Supply Chain Inventory, Best Buy
Kristin Secreto, Vice President & General Manager, InComm Product Control
Omnichannel is an evolution of multichannel retailing. It is focused on a seamless customer experience across all channels - dotcom, brick and mortar, mobile, call center, etc.- in all transactions and interactions with a retail brand. Customers want a seamless shopping and return
experience. Nothing annoys them more than buying an item online and being restricted or challenged in returning an item to a physical store. In this sense, mastery of omnichannel will be key to retaining customers. There are a multitude of challenges these integrated experiences
bring to retailers and suppliers alike in the areas of inventory assortment and management, order fulfillment, policy management, promotions strategy management, and more. This panel discusses:
- Driving seamless integration of the online and store network: Ensuring that your customers see you as one system rather than multiple channels with separate inventory, delivery and returns practices.
- Inventory management challenges: When an algorithm decides that a buy online, deliver from store order makes sense to clear excess inventory, how do you handle that product coming back to you?
- Best practices for consumer returns management and return to vendor (RTV) management
12:45 - 13:55 Luncheon For All Attendees/B-Stock Invite-Only Executive Boardroom Luncheon (runs concurrently with the main lunch)
Opportunities In Secondary Markets
13:55 - 14:00 Chairperson's AddressLogistics Optimization
13:55 - 14:00 Chairperson's AddressOpportunities In Secondary Markets
14:00 - 14:30 Panel Session: Utilizing Secondary Marketplaces: How Do You Achieve The Highest Recovery With The Highest Volume?
Speakers:
Kathy Murphy Senior Sales Operations Manager Jarden Consumer Solutions
Jack DeButts Director, Returns Management Spinnaker
Paul Baum CEO PlanITROI, Inc.
Christopher Mangan Senior Partner and Director of Asset Acquisitions The Midas Exchange, A WPP Company Powered by GroupM
Steve Outain Senior Manager Reverse Logistics Walmart
Kathy Murphy Senior Sales Operations Manager Jarden Consumer Solutions
Jack DeButts Director, Returns Management Spinnaker
Paul Baum CEO PlanITROI, Inc.
Christopher Mangan Senior Partner and Director of Asset Acquisitions The Midas Exchange, A WPP Company Powered by GroupM
Steve Outain Senior Manager Reverse Logistics Walmart
Steve Outain, Senior Manager, Reverse Logistics, Walmart
Kathy Murphy, Senior Sales Operations Manager, Jarden Consumer Solutions
Jack DeButts, Director, Returns Management, Spinnaker
Christopher Mangan, Senior Partner, Director of Asset Acquisitions, Midas Exchange
Paul Baum, CEO, PlanITROI, Inc.
How are OEMs and retailers speedily moving their product at
the highest price available on the secondary market? This panel
session will share solutions and strategies.
The Midas Exchange, A WPP Company Powered by GroupM
Kathy Murphy, Senior Sales Operations Manager, Jarden Consumer Solutions
Jack DeButts, Director, Returns Management, Spinnaker
Christopher Mangan, Senior Partner, Director of Asset Acquisitions, Midas Exchange
Paul Baum, CEO, PlanITROI, Inc.
How are OEMs and retailers speedily moving their product at
the highest price available on the secondary market? This panel
session will share solutions and strategies.
- What are the best channels that retailers and OEMs are utilizing?
- Utilizing corporate barter to solve around some of the most painful and problematic inventories
Christopher Mangan
Senior Partner and Director of Asset AcquisitionsThe Midas Exchange, A WPP Company Powered by GroupM
Logistics Optimization
14:00 - 14:30 Panel Session: Considerations When Outsourcing Reverse Logistics
Speakers:
Anthony Mitchell Senior Director, Service Huawei Device USA
John Komaromy Director of Reverse Logistics Sears Holding Corporation
Gregor Thompson Vice President, Business Development GENCO
Tim Farrell Director Reverse Logistics Best Buy
Duane Knecht Vice President of Marketing and Business Development CTDI
Anthony Mitchell Senior Director, Service Huawei Device USA
John Komaromy Director of Reverse Logistics Sears Holding Corporation
Gregor Thompson Vice President, Business Development GENCO
Tim Farrell Director Reverse Logistics Best Buy
Duane Knecht Vice President of Marketing and Business Development CTDI
Anthony Mitchell, Senior Director, Service, Huawei Device USA
John Komaromy, Director of Reverse Logistics, Sears Holding Corporation
Lisa Cotter, Senior Director, Supply Chain, Best Buy
Gregor Thompson, Vice President, Business Development, GENCO Retail Logistics
Duane Knecht, Vice President, Sales & Marketing, CTDI
If your company is considering outsourcing reverse logistics, this panel session is a must attend. Walk through the process - from preparing a request for information (RFI) to including consultants
knowledgeable in the outsourcing process to asking for a request for quote (RFQ). What are the pitfalls and opportunities when engaging with third party service providers? Learn how others have defined the costs of their operations and have used that as a basis for outsourcing.
John Komaromy, Director of Reverse Logistics, Sears Holding Corporation
Lisa Cotter, Senior Director, Supply Chain, Best Buy
Gregor Thompson, Vice President, Business Development, GENCO Retail Logistics
Duane Knecht, Vice President, Sales & Marketing, CTDI
Duane
Knecht
Vice President of Marketing and Business Development
CTDI - See more at: http://consumerreturns.wbresearch.com/duane-knecht-speaker#sthash.N3cGuAm0.dpuf
If your company is considering outsourcing reverse logistics, this panel session is a must attend. Walk through the process - from preparing a request for information (RFI) to including consultants
knowledgeable in the outsourcing process to asking for a request for quote (RFQ). What are the pitfalls and opportunities when engaging with third party service providers? Learn how others have defined the costs of their operations and have used that as a basis for outsourcing.
- Not an all or nothing proposition: Types of activities (return to vendor, liquidation, triage and repair) that can be outsourced
- Is there a prototypical customer that may receive more benefit from outsourcing?
- How can you establish that the benefits outweigh the costs and make the business case internally? How can service providers assist in that process?
- How do you determine who best suits your needs in the selection process?
- Weighing short term vs. long term costs
- Ensuring providers can integrate with retailer systems and doso without requiring their IT group to spend an inordinate amount of time on the process
- Measurement and accountability: How do you measure performance and make sure it’s right on an ongoing basis? What are the typical KPIs measured on an ongoing basis (I.e. turnaround time, turn on return to vendor, inventory accuracy)?
Opportunities In Secondary Markets
14:30 - 15:00 Panel Session: Ensuring Brand Protection In The Secondary Market
Dennis Pettit, Director, Reverse Logistics, T-Mobile
Shannon Amundson, Group Manager, Resource Recovery, Target
Mark Erickson, Senior National Account Director, P&F USA
Steve Outain, Senior Manager, Reverse Logistics, Walmart
Paul Baum, CEO, PlanITROI, Inc.
How safe is your brand when you enter the secondary market? All it takes is one rebuilt vacuum that doesn’t work to sabotage a brand that was associated with quality for decades. Such a blunder can impact a brand’s revenue through its primary channels. This panel addresses questions such as:
Shannon Amundson, Group Manager, Resource Recovery, Target
Mark Erickson, Senior National Account Director, P&F USA
Steve Outain, Senior Manager, Reverse Logistics, Walmart
Paul Baum, CEO, PlanITROI, Inc.
How safe is your brand when you enter the secondary market? All it takes is one rebuilt vacuum that doesn’t work to sabotage a brand that was associated with quality for decades. Such a blunder can impact a brand’s revenue through its primary channels. This panel addresses questions such as:
- Is the priority to get highest recovery or to protect the brand?
- How do you get the market position you want for your goods?
- What do you do when channel conflict occurs?
Logistics Optimization
14:30 - 15:00 Bridging The Gap: Aligning Forward & Reverse Logistics
Dr. Annibal C. Sodero, Assistant Professor, Department of Supply Chain Management, University of Arkansas
Jeremy L. McClain, Senior Director, Reverse Flows and Supply Chain Inventory, Best Buy
Troy Kubat, Senior Director, Specialty & Reverse Logistics, Walmart
Roy Garcia, Associate Director, Reverse Logistics, Verizon Wireless
Is there enough communication between your forward and reverse supply chain teams? Many organizations see a gap that must be filled. How do we align forward and reverse strategy?
Jeremy L. McClain, Senior Director, Reverse Flows and Supply Chain Inventory, Best Buy
Troy Kubat, Senior Director, Specialty & Reverse Logistics, Walmart
Roy Garcia, Associate Director, Reverse Logistics, Verizon Wireless
Is there enough communication between your forward and reverse supply chain teams? Many organizations see a gap that must be filled. How do we align forward and reverse strategy?
15:00 - 15:30 Afternoon Refreshment & Networking Break In The Solutions Zone
15:30 - 15:50 The Value Of a Global Remarketing Process: Aligning Your Organization
Robert Pignataro, Executive Vice President, Sales, FreeFlow
As a Supply Chain professional, you know the benefit to a standardized global process for remarketing excess inventory. But how do you convince internal decision makers across your geographic regions in Supply Chain, Sales, Finance, Operations and Senior Leadership to implement a common solution?
In addition to the benefit of sharing best practices, Pricing and Channel Integrity are critical to protecting both your brand and your current distribution channels in all stages of the product lifecycle. FreeFlow, a leader in global marketplace Technologies and Services for the world’s leading Consumer Electronics and Wireless brands, will share ideas and tactics that will help you address the concerns - and benefits - to each area of your organization, and provide you with the necessary tools to lead a global asset recovery strategy.
As a Supply Chain professional, you know the benefit to a standardized global process for remarketing excess inventory. But how do you convince internal decision makers across your geographic regions in Supply Chain, Sales, Finance, Operations and Senior Leadership to implement a common solution?
In addition to the benefit of sharing best practices, Pricing and Channel Integrity are critical to protecting both your brand and your current distribution channels in all stages of the product lifecycle. FreeFlow, a leader in global marketplace Technologies and Services for the world’s leading Consumer Electronics and Wireless brands, will share ideas and tactics that will help you address the concerns - and benefits - to each area of your organization, and provide you with the necessary tools to lead a global asset recovery strategy.
15:50 - 16:10 Customer Experience Vs. Fraud Risk Management
Cary Decuir, Lead Investigator, Global Services Fraud, Dell
This presentation provides a look at how to balance the two, providing compelling arguments that demonstrate how fraud against your company adversely affects your legitimate customers. How do you prepare cases for law enforcement and criminal prosecution involvement? Now that we know what they did, what can we do about it? The number one reason for cases being declined is not a lack of criminal activity, it is the lack of presentation and delivery of information needed by law enforcement and prosecution.
This presentation provides a look at how to balance the two, providing compelling arguments that demonstrate how fraud against your company adversely affects your legitimate customers. How do you prepare cases for law enforcement and criminal prosecution involvement? Now that we know what they did, what can we do about it? The number one reason for cases being declined is not a lack of criminal activity, it is the lack of presentation and delivery of information needed by law enforcement and prosecution.
16:10 - 16:40 Panel Session: Improving Your Supply Chain Communication On Quality And Product Complaints
Ed Rayeski, Director, Handset & Device Support, ZTE USA, Inc.
Amy T. Augustine, Manager, Reverse Logistics, U.S. Cellular
Michael Deaton, Director, Americas Repair Operations, Microsoft
John Meagher, Director, Service Operations, Samsung Telecommunications America
Quality is a make or break function. Poor quality not only impacts return rates but also erodes trust in your brand, given that consumers talk to one another about their experiences and shape the attitudes of their peers toward your brand. Wireless OEMs and carriers face a particularly challenging quality environment. Increasingly global development makes it difficult to communicate throughout the supply chain and needed changes must be applied across a host of different programs, while being incorporated into next generation design. An added challenge is that OEMs are often receiving product feedback from carrier call centers and are one step removed from the customer. What's truly wrong with a product can often be distorted. This panel session will consider some of the principal challenges. Attendees will learn how to:
Amy T. Augustine, Manager, Reverse Logistics, U.S. Cellular
Michael Deaton, Director, Americas Repair Operations, Microsoft
John Meagher, Director, Service Operations, Samsung Telecommunications America
Quality is a make or break function. Poor quality not only impacts return rates but also erodes trust in your brand, given that consumers talk to one another about their experiences and shape the attitudes of their peers toward your brand. Wireless OEMs and carriers face a particularly challenging quality environment. Increasingly global development makes it difficult to communicate throughout the supply chain and needed changes must be applied across a host of different programs, while being incorporated into next generation design. An added challenge is that OEMs are often receiving product feedback from carrier call centers and are one step removed from the customer. What's truly wrong with a product can often be distorted. This panel session will consider some of the principal challenges. Attendees will learn how to:
- Get closer to the customer: How can OEMs directly access their customers and identify what issues exist in the field? How can you proactively reach users (i.e. social channels - Facebook and Twitter) and provide solutions to help them?
- Overcome organizational structures that are not always set up to enable good quality follow through and responsiveness: OEMs may fix an issue with one product but the carrier's expectation is that all products to follow will contain the same fix and that's where OEMs often fall down - when they don't have a good mechanism with R&D to kill the issue across multiple programs
- Ensure the quality level of suppliers and sub-suppliers: How do you ensure the quality levels of suppliers and sub-suppliers so some simple component/assembly is not your undoing?
16:40 - 17:00 Estimating The Value Of A Money-Back Guarantee Policy In The Online Retail Context
Dr. Mark Ferguson, Professor and Wilbur S. Smith Distinguished Foundation Fellow, Darla Moore School of Business, University of South Carolina
Money-Back-Guarantee (MBG) product returns policies are common in the consumer goods retail industry. But what is such a policy worth to the consumer? The University of South Carolina’s research suggests that the value of an MBG policy for online consumer electronics is 5.8 percent, although forward shipping charges tend to rapidly erode the value of such policies. Positive and negative seller reputations also impact the value of money back guarantees.
This session will address:
University of South Carolina
Money-Back-Guarantee (MBG) product returns policies are common in the consumer goods retail industry. But what is such a policy worth to the consumer? The University of South Carolina’s research suggests that the value of an MBG policy for online consumer electronics is 5.8 percent, although forward shipping charges tend to rapidly erode the value of such policies. Positive and negative seller reputations also impact the value of money back guarantees.
This session will address:
- Trade offs: The increased valuation of a product with a money back guarantee versus the cost of processing returns
- How customers value a return policy differently at an online store versus a traditional store
- Maximizing your per-unit profit by varying forward shipping charges
Mark Ferguson
Professor and Wilbur S. Smith Distinguished Foundation FellowUniversity of South Carolina
17:00 - 18:00 Roundtable Discussions
Speakers:
Timothy Quinn Logistics Budget and Analysis Manager BJs Wholesale Club Inc
Lee Gibson Director of Reverse Logistics Huawei Device USA
Kathy Murphy Senior Sales Operations Manager Jarden Consumer Solutions
Rubina Farooq Director of Customer Operations LG Electronics
Layth Hussain Director of Operations Belkin Components
Combiz Shams Refurb Manager | eCom Analyst Belkin Components
Mike Fahey Vice President, Operations Haier America
Michael Ketzenberg Associate Professor of Information and Operations Management Texas A&M
Robert Pignataro Executive Vice President FreeFlow
Ric Spicer Manager, Operations-E-commerce, Reverse Logistics Sears
Timothy Quinn Logistics Budget and Analysis Manager BJs Wholesale Club Inc
Lee Gibson Director of Reverse Logistics Huawei Device USA
Kathy Murphy Senior Sales Operations Manager Jarden Consumer Solutions
Rubina Farooq Director of Customer Operations LG Electronics
Layth Hussain Director of Operations Belkin Components
Combiz Shams Refurb Manager | eCom Analyst Belkin Components
Mike Fahey Vice President, Operations Haier America
Michael Ketzenberg Associate Professor of Information and Operations Management Texas A&M
Robert Pignataro Executive Vice President FreeFlow
Ric Spicer Manager, Operations-E-commerce, Reverse Logistics Sears
Talking with your peers about how to confront shared business challenges is the most valuable part of this event. Consumer Returns 2014 has set aside seven hours across three days so OEMs, retailers and solutions providers can discuss current issues of importance. This is your opportunity to discuss ways to improve out-of-box experience, post-sales support and methods for maximizing recovery rate.
1. How Do You Determine Appropriate Pricing For The Secondary Market? - Facilitated by Combiz Shams, Senior Warehouse Manager, Refurbishment, Belkin & Layth Hussain, Director, Operations, Americas, Belkin
2. Tackling The Dearth Of Information Systems For Reverse Logistics - Facilitated by Ric Spicer, Manager, Operations-E-Commerce, Reverse Logistics, Sears Holding Corporation
3. Establishing Full Cost Visibility Around The Reverse Supply Chain - Facilitated by Timothy Quinn, Manager of Logistics, Budget and Analysis, BJ's Wholesale Club
4. Wireless Returns: Addressing Third Party Software Conflicts - Facilitated by Lee Gibson, Director, Reverse Logistics, Huawei Device USA
5. More SKUs, More Problems? - Facilitated by Michael Ketzenberg, Associate Professor of Information and Operations Management, Mays Business School, Texas A&M University
6. Returns Issues Around White Goods - Facilitated by Michael Fahey, Vice President, Operations, Haier America
7. Returns Issues Around Small Appliances - Facilitated by Kathy Murphy, Senior Sales Operations Manager, Jarden Consumer Solutions
8. The Value Of A Global Remarketing Process: Aligning Your Organization - Facilitiated by Robert Pignataro, Executive Vice President, Sales, FreeFlow
9. Online Consumer Education - Facilitated by Rubina Farooq, Director, Customer Operations, LG Electronics
1. How Do You Determine Appropriate Pricing For The Secondary Market? - Facilitated by Combiz Shams, Senior Warehouse Manager, Refurbishment, Belkin & Layth Hussain, Director, Operations, Americas, Belkin
2. Tackling The Dearth Of Information Systems For Reverse Logistics - Facilitated by Ric Spicer, Manager, Operations-E-Commerce, Reverse Logistics, Sears Holding Corporation
3. Establishing Full Cost Visibility Around The Reverse Supply Chain - Facilitated by Timothy Quinn, Manager of Logistics, Budget and Analysis, BJ's Wholesale Club
4. Wireless Returns: Addressing Third Party Software Conflicts - Facilitated by Lee Gibson, Director, Reverse Logistics, Huawei Device USA
5. More SKUs, More Problems? - Facilitated by Michael Ketzenberg, Associate Professor of Information and Operations Management, Mays Business School, Texas A&M University
6. Returns Issues Around White Goods - Facilitated by Michael Fahey, Vice President, Operations, Haier America
7. Returns Issues Around Small Appliances - Facilitated by Kathy Murphy, Senior Sales Operations Manager, Jarden Consumer Solutions
8. The Value Of A Global Remarketing Process: Aligning Your Organization - Facilitiated by Robert Pignataro, Executive Vice President, Sales, FreeFlow
9. Online Consumer Education - Facilitated by Rubina Farooq, Director, Customer Operations, LG Electronics