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Why Treating Returns as a Cost Center Is the Problem (Ricardo Morgado)
· 27:28 · Season 1, Episode 31

Why Treating Returns as a Cost Center Is the Problem (Ricardo Morgado)

0:00 / 27:28

// TRANSMISSION

Most companies still treat returns as a cost center — and Ricardo Morgado makes the case that this framing is itself the problem.

In this episode of We Built It Because We Had To, host Jonathan W. Buckley is joined by Ricardo Morgado of Getloopos, the company building LoopOS — an operations layer for circular commerce inside enterprise retail. They get into what Ricardo actually saw inside enterprise operations that convinced him the existing tools couldn't be fixed, what he believed about the ops layer of circular commerce that others weren't saying out loud, and the story of the first enterprise that said yes to LoopOS before the product was proven. Ricardo also talks about the reality of selling into enterprise without an established category name, the moment that came closest to stopping Getloopos completely, and the unglamorous daily work behind making item-level decisioning real at enterprise scale. The conversation closes on his five-year view: does circular commerce become its own software category the way ERP did, or get absorbed into something else — and the one thing he wishes someone had told him before building in this space.

Watch the full episode on YouTube: https://www.youtube.com/watch?v=FbC0pO9zDYs

Learn more about Getloopos: https://www.getloopos.com/
Connect with Ricardo Morgado on LinkedIn: https://www.linkedin.com/in/rmloopos/

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Key Takeaways

  • Most companies treat returns as a cost center rather than recognizing the operational and strategic value in circular commerce
  • Getloopos built LoopOS as an operations layer for circular commerce to address gaps in existing enterprise retail tools
  • Item-level decisioning at enterprise scale requires unglamorous daily operational work to implement effectively
  • Selling into enterprise without an established category name presents significant challenges in market positioning

Frequently Asked Questions

What is LoopOS?

LoopOS is an operations layer for circular commerce built by Getloopos, designed for use inside enterprise retail operations

Who is Ricardo Morgado?

Ricardo Morgado is the founder/leader of Getloopos, the company building LoopOS for circular commerce operations

What problem did Ricardo identify in enterprise operations?

Existing tools couldn't adequately address the operational needs of circular commerce, prompting him to build LoopOS

What is Ricardo's five-year outlook for circular commerce?

He questions whether circular commerce becomes its own software category like ERP did, or gets absorbed into existing software categories