The merchandise flow from the retailer back through the supply chain is termed _____.
A)reverse logistics
B)third-party logistics
C)inbound logistics
D)supply chain management

Question

Quizplus · Accepted Answer

Reverse logistics refers to the flow of products from the retailer back through the supply chain. This includes processes such as returns, recalls, and repairs. Third-party logistics (B) refers to outsourcing logistics management to a third-party provider. Inbound logistics (C) refers to the processes involved in receiving goods from suppliers. Supply chain management (D) refers to the overall management and coordination of all activities involved in producing and delivering a product to the end customer.

The Merchandise Flow from the Retailer Back Through the Supply