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Study_Guide Reverse Logistics

Study_Guide Reverse Logistics - include returning assets...

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Reverse logistics, outsourcing reasons Reverse logistics is the logistics process of removing new or used products from their initial point in a supply chain, such as returns from consumers, over stocked inventory, or outdated merchandise and redistributing them using disposition management rules that will result in maximized value at the end of the items' original useful life. It often requires the development of a transportation mode that is compatible with existing forward logistic system. Disposition can
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Unformatted text preview: include returning assets into inventory pools or warehouses for storage, returning goods to the original manufacturer for reimbursement, selling goods on a secondary market, recycling assets, or a combination that will yield maximum value for the assets in question. Reasons for Outsourcing – lower costs, more materials, more access to suppliers....
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