parcelLab Launches Returns Forecast AI to Give Retailers Improved Visibility and Control over Returns Process

parcelLab, the premier global provider of post-purchase experience software, announced the launch of parcelLab Returns Forecast AI. The new tool leverages AI to estimate inbound parcels for retailer warehouses, allowing retailers to forecast returns volumes and identify trend changes more accurately, better plan warehouse resources, and reduce processing times and operational costs. Returns Forecast AI is purpose-built for retailers to strengthen their ability to anticipate and mitigate the financial impact of returns, providing more stability.
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