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

Question

Quizplus · Accepted Answer

Reverse logistics refers to the process of managing the flow of merchandise from the retailer back through the supply chain, including tasks such as product returns, repairs, and recycling. Inbound logistics involves the flow of goods and materials from suppliers to the retailer. Third-party logistics involves outsourcing logistics activities to a third-party provider. Supply chain management involves the coordination and management of activities across the entire supply chain.

The Merchandise Flow from the Retailer Back Through the Supply