Definition Reverse Logistics. Description.
Reverse Logistics is a supply chain that is dedicated to the
reverse flow of products and materials for returns, repair, remanufacture,
and/or recycling.
It 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over stocked inventory, or outdated merchandise and redistributing them using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. A reverse logistics operation is considerably
different from forward logistics. It must establish convenient collection
points to receive the used goods from the final customer or remove assets
from the supply chain so that more efficient use of inventory / material overall
can be achieved.
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Reverse Logistics Special Interest Group
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Special Interest Group (16 members)
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 Reverse Logistics vs 3PL
Im working on a article related to Reverse Logistics and I intent to make a relation with 3PL. Means impact of the Reverse Logistics with 3PL growing....
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