Exam 15: Managing Reverse Flows in the Supply Chain

Define and discuss the closed loop and reverse logistics systems,including examples.

Reverse flows have exited in

A situation where a garage returns worn tires for recapping and receives them back is called a

Most firms view returns as a waste stream.

Reverse logistics and closed loop systems are the same.

A major challenge is ____ of total cost of the return flow processes.

Discuss the importance and magnitude of reverse flows,and name four of the eight categories of reverse flows.

Reverse logistics is relatively new.

A closed loop system deals with