Reverse logistics refers to the process of managing and controlling the flow of goods, materials, and products from their final destination back to their point of origin. It is a critical aspect of supply chain management that focuses on the handling and disposition of goods that are returned or not sold.
By recycling and repurposing materials, companies can reduce their environmental footprint and conserve resources. Reverse logistics can also help companies save money by recovering value from returned or defective products and minimizing the costs of waste disposal.
The Reverse logistics process typically involves several steps: