Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers. Once a customer receives a product, processes such as returns or recycling require reverse logistics.
- 1 What is reverse logistics in simple terms?
- 2 What is an example of reverse logistics?
- 3 How does reverse logistics work?
- 4 What is international reverse logistics?
- 5 Where is reverse logistics used?
- 6 What are reverse logistics activities?
- 7 Why companies operate a reverse logistics?
- 8 What are the main drivers of reverse logistics?
- 9 What does reverse logistics mean target?
- 10 What does a reverse logistics manager do?
- 11 What are the advantages of reverse logistics?
- 12 What are the 3 types of logistics?
- 13 Who started reverse logistics?
What is reverse logistics in simple terms?
From Wikipedia, the free encyclopedia. Reverse logistics is for all operations related to the reuse of products and materials. It is “the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal.
What is an example of reverse logistics?
But whenever there is a process included after the sale of the product, it is known as reverse logistics. For example, if a product is found defective, it is sent back to the manufacturer for testing, repairing, dismantling, recycling, or proper disposal of the product.
How does reverse logistics work?
The reverse logistics process usually involves returns, recalls, repairs, repackaging for restock or resale, recycling and disposal. The returned items are then sent back to factories, broken down and recycled into new parts that are used in the production of new devices.
What is international reverse logistics?
Reverse logistics is defined as the practices and processes set up for organising product returns from points-of-sales to the manufacturer in order to repair, recycle or dispose of these articles in the most cost-effective way.
Where is reverse logistics used?
Reverse logistics is used when goods are moved from their final destination to another location to recapture value or for final disposal. The product may be returned because it doesn’t fit the customer’s needs or it has reached the end of its service life.
What are reverse logistics activities?
Reverse logistics activities include the return of used goods and the partial recover of its originally existent value. Four channels are relevant: recycling, reuse, remanufacturing, and final disposal. There is a high potential for value recovery by reusing the internally generated waste.
Why companies operate a reverse logistics?
Companies use reverse logistics to implement proper product disposal, to retrieve parts, or to refurbish used products. Reverse logistics keeps reusable materials out of landfills and allows your company to be in control of safely disposing your products in a way that reduces harmful waste.
What are the main drivers of reverse logistics?
Generally, the companies carry on reverse logistics because of the profit, obligatory forces or social pressure. According to this classification, the drivers are named as; economics, legislation and corporate citizenship (De Brito and Dekker, 2004).
What does reverse logistics mean target?
Accurately handle all outbound freight shipments related paperwork; make shipping arrangements when necessary. Execute donations, CRC, electronics recycling, transfer orders (store to store and sweeps), salvage and inventory removals (MIR’s) in compliance with all DOT regulations and best methods.
What does a reverse logistics manager do?
As the Reverse Logistics Manager, you will manage a team to drive program outcomes to design, launch, standardize, and optimize operational processes of both vendor and internal teams.
What are the advantages of reverse logistics?
Overall, the biggest benefits of optimized reverse logistics are:
- Increase asset utilization.
- Create happier customers/return customers.
- Generate better ROI.
- Reduce losses and unplanned revenue.
- Improve environmental sustainability.
- Promote a culture of industry leadership.
What are the 3 types of logistics?
Logistics has three types; inbound, outbound, and reverse logistics.
Who started reverse logistics?
Shad Dowlatshahi in his paper titled, Developing a Theory of Reverse Logistics described a holistic view of reverse logistics with 11 factors. Dowlatshahi further divided these factors into two main categories: strategic factors and operational factors.