System and method of reverse sourcing of product returns based on restorage cost models

Abstract

A system and method are disclosed for modeling restorage cost for reverse sourcing of regular items. The method includes detecting a return request from a customer for an item, identifying a supply type for the item, predicting a demand for the item at potential restorage sites in a supply chain network, deriving a likelihood of potential restorage sites meeting service level agreements, and calculating a restorage cost for each of the potential restorage sites, and based on the calculated restorage costs, recommend a restorage plan to a user, where the recommended restorage plan is based, at least in part, on a threshold value of the item. The method further includes identifying the potential restorage sites based, at least in part, on a geographic range and assigning a manual quality check to verify a condition of the item.

CPC Classifications