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Reverse Logistics System

oboloo Glossary

Reverse Logistics System

Reverse Logistics is a critical business process for efficiently managing the return of goods and materials. It also includes the remanufacturing, refurbishing, and disposal of products. It can involve multiple functions within an organization such as product design, repair and maintenance, warehousing, transportation and customer service. By using a well-coordinated reverse logistics system, companies are able to reduce their costs while providing better returns and services to customers. To ensure smooth functioning, the system should be designed to fit the business strategy and goals, taking into consideration all the key stakeholders in the supply chain, from retailers and manufacturers to consumers.

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