Reverse logistics

Introduction Should reverse logistics be labeled as the latest business trend? Should it be started on a company whim or in a half-measured capacity? Could focusing on reverse logistics magnify companies’ mistakes even more, or will it focus on the heart of manufacturing, distributors, wholesalers, or retailer's profitability. If we look at using a scoring method, which would focus the measured capabilities of capacity, which could emphasis the return equation, and appears to point to the right

REVERSE LOGISTICS DEFINATION: Flow of surplus or unwanted material, goods, or equipment back to the firm, through its logistics chain, for reuse, recycling, or disposal. In other words, reverse logistics is the management of any type of returns from any customer with a specific purpose. Products can be returned from any player within the supply chain or from the end-user for different reasons. Raw material, work-in-process or finished goods can be returned when there are surplus or leftovers

resentation Logistics is the organization of the flood of things between the reason for starting and the motivation behind use with a particular finished objective to meet necessities of customers or associations. The advantages administered in logistics can fuse physical things, for instance, sustenance, materials, animals, equipment and liquids, and moreover extraordinary things, for instance, manage time, information, transport unit Pricing and Quantity , particles, and essentialness. The logistics of

1.1. Difference between Forward Logistics and Reverse Logistics: Forward logistics (or conventional logistics) is the regular distribution channel followed by the manufactures from time immemorial. Forward logistics concentrates on the products (goods or services) reaching the consumer end and deals with the line of flow from the manufacturer’s end to the consumer’s end. It deals with the very essence of Supply Chain Management and logistical activities of an organization. It has a significant

REVERSE LOGISTICS: CHALLENGES AND ISSUES FACED BY THE MAJOR RETAIL PLAYERS IN THE UK. INTRODUCTION: “In the sweat of your face you shall eat bread till you return to the ground, for out of it you were taken; For dust you are, And to dust you shall return.” Genesis 3:19. Effective and efficient management of product returns is an intriguing practical and research question. Growing green concerns and advancement of reverse logistics (RL) concepts and practices make it all the more relevant

of e-waste, recycling, the multinational organizations have already improved processes of reverse logistics and performed them in all countries wherever they have operations. DEFINITION Reverse logistics deals with the handling of the merchandize that are being returned to the manufacturer by the customer. It performs all the activities that determine the principle of these returned goods. Reverse logistics" is the all activity linked with a product or service after the point of sale, the ultimate

Reverse Logistics. Once a customer places an order for an item and the item has an associated return value, the GCSS-A system populates a list that so that all parties can see and know what part needs to be returned and that it indeed has and associated return value. This is the true start point of the reverse pipeline of the Army’s supply chain. The Army’s reparable management process recovers and repairs assets (repair parts) to replenish serviceable inventories and satisfy the equipment readiness

Introduction Most of us think of logistics as a one-way street. Products are manufactured, packaged, stored in a warehouse, sold, and then shipped off to the customer ... end of story. Yet for many logistics managers today, that's not the end of the story. In addition to managing outbound goods, they also are responsible for reverse logistics--the flow of returned goods and packaging, including customer service and final disposition of returned items. The need to manage waste materials and

Reverse Logistics Defining Reverse Logistics Logistics management is that part of the supply chain that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements. As you rightly noted Logistics have two parts, Forward Logistics and Reverse Logistics. As our focus is going to be on Reverse Logistics, let us look at the definition

Reverse logistics and the return portion of the supply chain is often an overlooked and mismanaged process. Companies tend to focus their efforts on the forward portion of supply chain management, while failing to take advantage of the many opportunities that reverse logistics presents (Benton, 2007). What these companies do not realize is that the effective management of reverse logistics has the potential to make them more profitable, and to add value to many other parts of their supply chain