Helsinki, Finland, June 13, 2024 – Renow, a leading innovator in the recommerce industry, today announced the opening of its new AI-powered recommerce facility at Postpac AB’s warehouse in Skurup, Sweden. This is part of Renow’s expanding warehouse partner network in the Nordics. This state-of-the-art facility is set to transform the way pre-owned goods are processed and prepared for resale, ensuring a more efficient, transparent, and sustainable recommerce experience for consumers and businesses alike.
The new facility will leverage Renow’s proprietary Recommerce Engine and Inspection App to streamline the recommerce process from take back to grading, pricing and sorting the product inventory. By automating tasks, Renow can significantly increase processing capacity, reduce human error, and increase quality of received products, ultimately benefiting both sellers and buyers.
“This partnership marks a significant step forward as we can now serve both Swedish and Danish customers with a local, streamlined solution for circular services” said Antti Ijäs, CPO and Co-Founder at Renow. “We currently handle more than 100 product categories through our platform. The help of AI in product inspections and creation of the tools themselves allows us to support new product categories with unprecented speed even further. From day one, Postpac has been an excellent partner to innovate with us.”
“We are very pleased to partner with Renow. Developing our operations and partnerships towards more sustainable future for our planet is extremely important to us. Traditionally inspecting products at the warehouse is based on manual instructions and checklists. Renow have excelled in creating a new, very easy to use inspection app for warehouses, making the whole take back process both simple and efficient.” says Naomi Bergman, Business Manager at Postpac.
Key features of the new AI-driven inspection app include, evaluation of the condition of each item with clear, step-by-step instructions for the inspector and assessment of the fair market value for the products. With clear audit trail recorded, transparency and trust in the entire recommerce process will increase. Renow’s Recommerce Engine together with highly skilled warehouse operations create a high quality and scalable total solution. By harnessing the power of AI, Renow is setting new standards for efficiency in the recommerce process.
About Renow
Renow is a leading recommerce platform provider that empowers businesses to seamlessly manage their returns, trade-in, and product lifecycle services. Renow offers a complete suite of solutions, including AI-powered inspection, automated listing tools, and data analytics, that help businesses optimize their recommerce operations and unlock new revenue streams.
About Postpac AB
Postpac AB is a leading logistics and warehousing provider in Sweden, offering a wide range of services to businesses of all sizes.
Media contacts:
Antti Ijäs, CPO, antti@renow.ai, Renow Oy
Naomi Bergman, Business Manager, naomi.bergman@postpac.se Postpac AB
