What is the Reverse Logistics Process?
Expert Answer
Ans Reverse Logistics : Reverse logistics is the management of all the activities involved in the flow of goods, demand information and money in the opposite direction of the primary logistics flow, a reduction in the generation of waste, and the management of the collection, transport, disposal, and recycling of hazardous as well as non-hazardous waste in a way that maximises the long term profitability of the business.
Reverse logistics was traditionally defined as the process of moving a product from its point of consumption to the point of origin to recapture
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