Many of these firms are executing plays similar to their larger counterparts: bolstering inventory, diversifying suppliers and finding substitute materials and processes.
As returns activity has increased, reverse logistics have become a vital part of the retail playbook to build customer loyalty. But costs are climbing.
The company had advised suppliers to avoid sourcing products or labor from the region in China due to forced labor concerns, but backtracked last month.
The approval will allow Flytrex’s delivery drones to travel up to one nautical mile and carry small goods to up to 10,000 households in North Carolina.