Wednesday, July 27, 2011

What Is Reverse Logistics? Cool Whitepaper from Resolve Reverse logistics.

Reverse logistics refers to the process of managing products past the manufacturing stage. This flow of returned materials from consumer to retailer, retailer to distributor, or distributor to manufacturer is also known as the reverse supply chain. The materials’ post-return activity can include repair, warranty recovery, redistribution, remarketing, end-of-life recycling, or any combination of these activities.

The ultimate goals of establishing a formal reverse logistics process are to recover remaining value from returned materials that would otherwise be lost in product disposal, improve efficiency in the reverse supply chain, and minimize waste – all of which can translate into additional revenue for a company’s bottom line.

If you’d like to read more about how a reverse logistics operation works to recover value, click here to download our white paper “Defining Reverse Logistics in the Electronics Supply Chain.”

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