These Questions is related to Returns in Supply Chains Management (1) What do you understand by the...

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General Management

These Questions is related to Returns in Supply ChainsManagement
(1) What do you understand by the term “Reverse Logistics”?Explain 2 ways in which the management of reverse logistics differfrom that of traditional logistics in supply chains.
(2) Is reverse logistics beneficial? If you say no, explain whyyou think so. If you say, yes, explain why you think so.
(3) Explain how depletion of resources, quality issues, ande-commerce serve as key drivers for reverse logistics.
(4) Assume that you are the supply chain manager for a retailstore. Clearly explain what you would do to minimize the negativeimpact of returns in your organization.

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1 Reverse LogisticsReverse Logistics can be defined as operations which involve reuse of products and materials The purpose of reverse logistics is to maintain a costeffective flow of raw materials from the end product to the point of origin to extract maximum value or an efficient disposal Two ways in which management of reverse logistics differs from traditional logistics In traditional logistics the sales forecast is used to meet the demand of the product The inventory is shipped to distribution centers and then forwarded to retailers This process is initiated by the company However in reverse logistics the product flows backward due to the action that was taken by the customer and not by the firm See Answer

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