Business
Pivotree and Newmine Introduce First of Its Kind, AI-driven Returns Reduction and Supply-Chain Agility Offering
Pivotree and Newmine Introduce First of Its Kind, AI-driven Returns Reduction and Supply-Chain Ag...
About this update from Pivotree, Inc.
[{"type":"text","content":"\n \n \n \n Pivotree and Newmine Introduce First of Its Kind, AI-driven Returns Reduction and Supply-Chain Agility Offering\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Retailers and consumer brands gain supply chain resilience and product returns reduction through the Pivotree and Newmine joint offering\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Jan. 11, 2023\n \n \n /CNW/ - Pivotree Inc. (TSXV: PVT) (\"Pivotree'' or the \"Company\"), a leading provider of\n \n \n frictionless commerce\n \n \n solutions, announced its partnership with Newmine, a retail technology pioneer and developers of\n \n \n Chief Returns Officer®\n \n \n , to enhance supply chain agility and resiliency with new merchandise returns reduction joint offering.\n \n \n Complementing Pivotree's current supply chain portfolio, which includes Warehouse Management System (WMS) and Order Management System (OMS), with Newmine's Chief Returns Officer® provides retailers with the reasons for product returns, and a collaborative workflow in time to take corrective action. As a result, retailers can prevent future returns and reduce the burden on their supply chain.\n \n \n \"We know that high return rates have become one of the retail industry's most expensive problems which is why the Chief Returns Officer® is the best proactive solution to solving this returns crisis,\" said\n \n \n \n Jim Brochu\n \n \n \n , General Manager of Supply Chain, Pivotree. \"Our work with Newmine allows us to address root causes driving returns to transform and reduce returns friction through the implementation of Digital AI Chief Returns Officer.\"\n \n \n \"Pivotree's ability to take a holistic approach and solve complex commerce problems made them the ideal partner. With their retail, supply chain, and AI experience they bring disparate solutions together that deliver measurable benefits,\" said\n \n \n \n Navjit Bhasin\n \n \n \n , CEO, Newmine. \"We are excited to work closely with them and improve the performance of our customers....