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January 13, 2021. Reverse logistics is the reverse of the standard supply chain flow, where goods move from manufacturer to end consumer. Reverse logistics includes activities like returns management, refurbishment, recycling, and disposal. It's an important part of supply chain management, often involving the return of products due to damage ...
- Abby Jenkins
- Product Marketing Manager
Reverse logistics refers to the supply chain process of returning products from end users back through the supply chain to either the retailer or manufacturer. Whether the customer is returning items they don't need, the end of the product life cycle has been reached or the product is damaged or flawed, it's simply good business to offer ...
Nov 6, 2023 · The definition of reverse logistics. Reverse logistics is the process of moving goods from customers back to an originating point in the supply chain. This can be the seller or manufacturer. Sometimes, that can be a supplementary origin point, such as a returns management partner who acts on your behalf. It is the opposite of forward logistics ...
Jan 19, 2022 · IFRS 3 acknowledges that despite most businesses having outputs, outputs are not necessary for an integrated set of assets and activities to qualify as a business. In order to meet the definition of a business, the acquired set of activities and assets must have as a minimum an input and a substantive process that can collectively significantly ...
- 020 7391 9548
- Director-Sustainability Reporting
- sarah.carroll@gti.gt.com
Jul 28, 2023 · Reverse logistics, also known as reverse supply chain, refers to the activities involved in handling the flow of products or materials from the customer back to the seller or manufacturer. It includes processes such as product returns, repairs, refurbishment, recycling, or disposal. Basically, it’s the opposite of regular logistics, which ...
May 26, 2022 · Reverse logistics is a common practice in supply chain management that follows a reverse or backward flow regarding the movement of products and services. That is, instead of pushing products from a supplier to a customer, they are pulled from customers instead. Mostly, it helps us complete returns or refunds of products or to recycle/dispose ...
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Dec 18, 2023 · Reverse logistics represents a crucial component of a company’s sustainability strategy, enabling more efficient management of resources and contributing to corporate responsibility and brand image. Their effective implementation can result in a more resilient supply chain adapted to the challenges of today’s market.
