Expiration and Shelf Life Compliance
Delivering expired or non-compliant goods to a retailer can result in hefty chargebacks eating ~7% of your revenue from a given marketplace.
Reduce and eliminate chargebacks with Stord’s expiration management tools within Stord’s OMS. With SKU-level reporting on every products’ best-buy date, your brand is protected from shipping non-compliant or soon-to-expire products.
Do you know the average remaining product shelf-life requirements by most retailers?
Automated Compliance
Avoid Shipping Expired Products
Track every item in your inventory and set custom requirements down to the individual SKU.
- Automatic exception notifications when requirements can't be met to prevent non-compliant fulfillment and chargebacks.
- Set any number of custom rules to meet your evolving business requirements and stay compliant with your retail partners.
Dedicated Workflows
Instantly update workflows so pickers only select inventory that is not at risk of incurring chargebacks. Set intelligent pick strategies based on preferred lot and batch information to prioritize shipping inventory with specified expiration dates.
Protect Your Customers, Protect Your Brand
Delivering expired goods can be far more damaging than simple chargebacks.
Delivering expired products directly to end consumers can result in lost customers while also incurring massive refunds and customer support costs, averaging a combined impact of $42 per order.
Delivering these products can also expose your brand to state laws and regulations, and these can cost hundreds of thousands of dollars and irreparably damage your brand loyalty.
$1.6M
by a California retailer for selling expired producTs