ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Reverse logistics is required because?
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Goods are defective
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Goods are unsold
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The customers simply change their minds
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All of the above
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Explanation:
Detailed explanation-1: -Reverse logistics is important because it maintains an efficient flow of goods. The process reduces costs, creates value, decreases risk and completes the product life cycle.
Detailed explanation-2: -The reverse logistics process usually involves returns, recalls, repairs, repackaging for restock or resale, recycling and disposal. Traditional logistics involves direct order fulfillment, hub services, pick-and-pack services and shipping.
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