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Reverse logistics refers to the process of moving goods from their final destination back to the manufacturer, distributor, or another location for the purpose of returns, recycling, refurbishing, or disposal. It is the opposite of traditional logistics, which focuses on moving products from manufacturers to consumers.
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Reverse Logistics: Untapped Value in a Circular Economy Discover the hidden potential within reverse logistics. This strategy recovers value from returned products. It supports sustainability and a circular economy. by Choukrayath Sweety
What is Reverse Logistics & Why Does it Matter? Core Definition Economic Benefits Reverse logistics manages the flow of goods. It moves from the customer back to the seller. This includes returns, repairs, and recycling. Recovering value from returns boosts profitability. It reduces