Reverse Logistics Definition and Explanation PDF | Download eBooks
Learn Reverse Logistics definition in supply chain management with explanation to study “What are Reverse Logistics”. Study reverse logistics explanation with SCM terms to review supply chain management course for online MBA programs.
Reverse Logistics Definition:
Process of sending returned products back up the supply chain for value recovery or disposal.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Reverse Logistics Explanation:
Switch coordination's is the arrangement of exercises that is led after the clearance of an item to recover worth and part of the bargain cycle. It ordinarily includes restoring an item to the producer or merchant or sending it on for overhauling, renovation or reusing. Switch coordination's is now and then called re-seller's exchange store network, reseller's exchange coordination's or retrogistics. Like other store network the board forms, switch coordination can be made progressively productive and beneficial with better arranging, the board and execution, and is a key part of administration life cycle the board. Switch coordination's can significantly affect an organization's primary concern, in great and awful ways. For instance, liberal merchandise exchanges can urge wholesalers and retailers to arrange more stock than they hope to sell, which can build stock expenses for makers.
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