Insight Report 6 minutes PremiumSupply.AI: Solving the Problem of Returns Coresight Research August 1, 2016 Executive Summary Supply.AI is an applied artificial intelligence (AI) platform that helps retailers derive maximum cost efficiencies from their order-to-cash cycle by minimizing returns of online purchases. In 2015, returns represented a $260 billion problem for retailers. The average in-store return rate has increased from 8% in 2015 according to the National Retail Federation’s Annual Return Fraud Survey to over 20% in 2016, according to Supply.AI’s analysis. Supply.AI uses AI deep learning to correlate consumers’ individual online shopping trends with their shipping patterns and return history in order to determine how likely they are to return an item. Supply.AI helped one large omni-channel retailer identify and prevent an estimated $61.2 million in returns. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Retail 2025: 10 Trends Shaping the Retail Media MarketFour Technologies Retailers Can Use to Enchant Consumers: Insights Presented at CES 2025NRF 2025: Retail’s Big Show: Day Three—AI Takes Center Stage on the Final Day of NRFPutting the “AI” in “Airlines”: Insights from CES 2025