What is Reverse Logistics?
Reverse Logistics The management of flows of returned goods, surplus, or end-of-life inventory from the point of consumption back to the point of origin or proper disposition, documented in supply-chain contracts and returns policies.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Reverse Logistics” Used in Practice?
Reverse logistics requires coordination of carriers, customs brokers, and inventory teams to document return shipments as per contractual obligations.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Reverse Logistics?
The management of flows of returned goods, surplus, or end-of-life inventory from the point of consumption back to the point of origin or proper disposition, documented in supply-chain contracts and returns policies.
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