The movement of returns from customers to vendors best defines

Question

Quizplus · Accepted Answer

Reverse logistics refers to the process of moving products or materials from their typical final destination for the purpose of capturing value, or proper disposal. This includes the return of products from customers to vendors, which is a common part of many businesses' reverse logistics process. Back flow logistics, reverse release, and bullwhip logistics are not accurate descriptions of this process.

The Movement of Returns from Customers to Vendors Best Defines